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Lampeter Velfrey, Narberth

Wales

£1,950,000
Listed on 18/06/2024

Property Details

Bedrooms
7
Type
Detached house

Description

This substantial 178-acre livestock farm offers a unique opportunity for renovation and investment, located on the Pembrokeshire/Carmarthenshire border. With a combination of a spacious four-bedroom main residence and a three-bedroom annex, this property provides great potential for multi-generational living or rental income. The primary house features traditional architecture dating back to the 17th century and has seen renovation work in the mid-1990s, retaining much of its character while presenting opportunities for further updates. The farm includes a variety of agricultural buildings—both modern and traditional—that present conversion possibilities, pending necessary planning approvals. Among these structures are cattle and multipurpose sheds supported by a pole barn, offering versatility for various agricultural uses or potential redevelopment into additional living spaces. Situated in the picturesque village of Lampeter Velfrey, known for its strong community vibe and close proximity to essential services, this location benefits from easy access to the A40, linking to the M4 corridor. Nearby towns such as Narberth and Whitland provide an array of local amenities including schools, healthcare facilities, and train stations. Moreover, the renowned Pembrokeshire coastline is just around six miles away, enhancing both recreational prospects and overall appeal. The land itself is predominantly level or gently sloping with approximately 175 acres classified as productive pasture—ideal for grazing or cropping endeavors. Well-maintained hedgerows provide natural shelter while mature trees enhance the landscape's aesthetic value. The property is well-fenced and features good internal access via numerous gateways and road frontage. In addition to being suitable for farming operations, this estate offers excellent investment potential due to its layout and existing structures. There’s room for expansion through possible conversions of outbuildings into residential units or holiday lets. The mix of productive farmland combined with residential spaces makes it an attractive option for those looking to capitalize on rural living alongside agricultural pursuits. With mains water, drainage, and electricity already connected, along with essential conveniences in close reach, Lower End Town stands ready for its next chapter. Viewing is encouraged for buyers interested in exploring this multifaceted property that combines rural charm with significant investment potential.

Investment Analysis

(SA67 area)
Area Average
£271/sq ft

Renovation Potential

Est. Renovation Cost
£195,000 - £487,500
10-25% of property value
Monthly Sales
7
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (SA67)

Area prices are falling by +12.6% over the last 12 months
3 year growth: -7.6%
5 year growth: 13.9%
Investment Disclaimer: Analysis based on SA67 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Lampeter Velfrey, Narberth
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