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Comins Coch SY23

Wales

£365,000
Listed on 28/03/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1539 sqft

Description

Nestled in a quiet corner of Comins Coch, this detached family home presents a unique opportunity for renovation and investment. Although the property requires modernization, it offers a versatile layout that can easily accommodate three or four bedrooms based on your needs. The spacious design includes three reception rooms and two family bathrooms, providing ample room for customization to create a perfect family dwelling. Set within mature gardens, the home boasts privacy along with generous parking space, making it an ideal choice for families or potential investors looking to enhance property value through renovations. The existing structure provides a solid foundation for updates and improvements that would transform this house into a desirable residence in a sought-after village. The location is another significant asset. Comins Coch is well-connected yet retains its charm as a close-knit community. A small private lane leads directly to the property, offering safe pedestrian access to local amenities, including the Penglais Secondary School and a mini-market. Just 2.5 miles from Aberystwyth, residents enjoy easy access to the bustling town’s shops, restaurants, and the beautiful Cardigan Bay coastline. The proximity to major transport links enhances the property's appeal for long-term rentals or resale value. Inside, the property features an inviting hallway leading to multiple living spaces, including a living room with a traditional tiled fireplace and a garden room that overlooks the rear garden. The kitchen is equipped with essential appliances and offers room for improvement or redesign according to modern preferences. Upstairs, there are three well-proportioned bedrooms plus an additional room that could function as either a fourth bedroom or an office—flexible spaces perfect for adapting to contemporary living requirements. Externally, the tarmac driveway provides parking for several vehicles alongside a front garden adorned with mature hedging. The rear patio area and lawned garden present additional potential for landscaping or outdoor entertaining. This home has been cherished by its current owners for over 40 years, characterized by its familial warmth and neighborhood friendliness—a sentiment that echoes throughout this inviting property. With strategic updates, this house can become not just a home but an asset poised for growth in one of West Wales' appealing locales.

Investment Analysis

(SY23 area)

Below Market Value

This property is priced -1.1% below area average per sq ft

-1.1%
Potential saving
This Property
£237/sq ft
Area Average
£240/sq ft
Avg Rent (weekly)
£387
Avg Yield
7.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£406,042
10% above area average per sq ft
Potential ROI
-2.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (SY23)

Area prices are falling by +8.0% over the last 12 months
3 year growth: -6.6%
5 year growth: 13.9%
Investment Disclaimer: Analysis based on SY23 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

Comins Coch SY23
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,337
Based on a loan of £273,750 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