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Stryd Fawr, Llanon, SY23 - Image 1
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Stryd Fawr, Llanon, SY23 - Image 3
Stryd Fawr, Llanon, SY23 - Image 4
Stryd Fawr, Llanon, SY23 - Image 5

Stryd Fawr, Llanon, SY23

Wales

£285,000
Listed on 30/05/2025

Property Details

Bedrooms
4
Type
Terraced house

Description

This unique property presents a substantial opportunity for investors or those looking to undertake a renovation project. Comprising four bedrooms distributed across two distinct apartments—a one-bedroom unit and a three-bedroom unit—it is set on a generous plot that includes private parking accessed through a rear courtyard. The building, an attractive Victorian structure, retains many original character features, making it ripe for refurbishment. While certain areas will require modernization, the inherent charm of the property is evident and can be enhanced with thoughtful updates. Additionally, there are stone outbuildings on the premises that offer further conversion potential, providing an opportunity to expand the living space or create additional rental units. Located in the village of Llanon, this property benefits from proximity to essential local amenities such as a primary school, grocery store, post office, and public transportation links to nearby towns. The village's convenient services are complemented by its closeness to the coastal beach, enhancing its appeal as both a residential location and an investment opportunity. Easily accessible via the A487 and only five miles from Aberaeron, this property sits in a favored village setting. Investors will appreciate not only the location but also its potential for generating income through rental opportunities. With mains water, electricity, drainage, and oil central heating already in place, any renovations can focus on design and modern conveniences while capitalizing on the property's existing infrastructure. Overall, this property represents a distinctive opportunity in Llanon that should not be overlooked by those seeking to make their mark in real estate development or investment.

Investment Analysis

(SY23 area)
Area Average
£240/sq ft
Avg Rent (weekly)
£387
Avg Yield
7.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
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

Stryd Fawr, Llanon, SY23
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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
£1,044
Based on a loan of £213,750 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