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Building Plot adjoining Mount pleasant, Capel Iwan, Newcastle Emlyn - Image 1
Building Plot adjoining Mount pleasant, Capel Iwan, Newcastle Emlyn - Image 2
Building Plot adjoining Mount pleasant, Capel Iwan, Newcastle Emlyn - Image 3
Building Plot adjoining Mount pleasant, Capel Iwan, Newcastle Emlyn - Image 4
Building Plot adjoining Mount pleasant, Capel Iwan, Newcastle Emlyn - Image 5

Building Plot adjoining Mount pleasant, Capel Iwan, Newcastle Emlyn

Wales

£80,000
Listed on 18/07/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This freehold residential building plot presents a promising opportunity for renovation and investment, with an impressive frontage of 20.5 meters and a depth of 26.2 meters. The site has secured full planning permission for the construction of two semi-detached houses, each featuring three bedrooms. Located in the heart of Capel Iwan, a charming rural village community, the property is ideally positioned at the edge of the scenic Cych river valley. Capel Iwan offers a tranquil lifestyle while being conveniently situated just over three miles from the amenities available in Newcastle Emlyn. The plot benefits from easy access to Llandysul, Cardigan, and Carmarthen, providing a blend of rural living with connectivity to larger towns. Additionally, residents can enjoy proximity to the stunning coastline of Ceredigion and the Pembrokeshire Coast National Park, making it an appealing location for prospective homeowners or renters. The granted planning permission (Reference Number PL/08450) allows for immediate development potential, increasing its attractiveness as an investment opportunity. Interested parties can review the planning details through local council resources or by contacting our offices for documentation. It's important to note that there is a planning obligation tied to this plot under Section 106 of the Town and Country Planning Act 1990, which involves a payment commitment related to affordable housing totaling £13,902.81. This payment will be required prior to commencing any construction. Essential services such as mains electricity, water, and drainage are available nearby; however, prospective buyers should investigate connection costs before making an offer. This site represents not only a blank canvas for new builds but also a strategic investment in an area that balances rural charm with development potential.

Investment Analysis

(SA38 area)
Area Average
£215/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£300,000 - £450,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
5
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (SA38)

Area prices are rising by +12.7% over the last 12 months
3 year growth: -4.6%
5 year growth: 21.7%
Investment Disclaimer: Analysis based on SA38 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

Building Plot adjoining Mount pleasant, Capel Iwan, Newcastle Emlyn
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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
£293
Based on a loan of £60,000 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