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Abermeurig, Lampeter, SA48

Wales

£900,000
Listed on 05/07/2024

Property Details

Bedrooms
N/A
Type
Detached house

Description

This property presents a unique opportunity for renovation and investment, set within approximately 99 acres of secluded and private land. Historically used as a traditional stock-rearing farm, it features a farmhouse alongside stone range outbuildings that hold potential for conversion or enhancement, subject to the necessary planning approvals. The land is well-maintained and currently utilized as mature pasture, with most areas being level and easily accessible for agricultural machinery. Natural hedgerows and mature woodlands provide effective shelter for livestock, while the entire property is ring-fenced, ensuring security and privacy. The comfortable four-bedroom farmhouse, though in need of modern updates, offers a spacious living environment and stunning panoramic views of the surrounding Welsh countryside. Its proximity to the Cardigan Bay coastline allows for both a rural lifestyle and access to coastal amenities. Investors will appreciate the potential for change of use and development within this tranquil setting, making it an intriguing project for those looking to create a bespoke countryside retreat or expand agricultural operations. This property truly stands out as an investment with considerable possibilities awaiting its new owner. Access is straightforward from Lampeter via the A482 towards Aberaeron, leading you through picturesque landscapes before reaching the farm lane that leads directly to the yard area. Additionally, the property benefits from private spring water supply, private drainage through a septic tank, and mains electricity connections.

Investment Analysis

(SA48 area)
Area Average
£211/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
10
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (SA48)

Area prices are stable by +1.0% over the last 12 months
3 year growth: -2.4%
5 year growth: 27.1%
Investment Disclaimer: Analysis based on SA48 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. 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

Abermeurig, Lampeter, SA48
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£3,297
Based on a loan of £675,000 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE