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Mydroilyn, Near Aberaeron, SA48

Wales

£250,000
Listed on 25/03/2026

Property Details

Bedrooms
4
Type
Property With Land

Description

This property presents an exceptional opportunity for those looking to invest in a renovation project with significant potential. Set on a generous 7.5-acre smallholding, this 3-4 bedroom farmhouse is located on the outskirts of the sought-after village of Mydroilyn, providing a tranquil rural setting just a short drive from the picturesque coastal towns of Aberaeron and New Quay. The farmhouse includes an entrance hall, dining room, lounge, kitchen, and a downstairs bathroom, while the first floor boasts up to four bedrooms, offering ample space for reconfiguration or enhancement. Given its proximity to the stunning Cardigan Bay coast and essential amenities in nearby towns like Cardigan and Aberystwyth, this property could be transformed into a charming family home or an attractive investment for holiday rentals. Currently serviced by mains water and electricity with private drainage via a septic tank, the property also has an oil-fired central heating system. With some modernisation and thoughtful upgrades, there’s substantial scope for developing this residence into something truly special amidst its rural charm.

Investment Analysis

(SA48 area)
Area Average
£208/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £60,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
6
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (SA48)

Area prices are falling by -4.4% over the last 12 months
3 year growth: -4.8%
5 year growth: +10.4%
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

Mydroilyn, Near Aberaeron, SA48
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£885
Based on a loan of £187,500 over 30 years at 3.91% 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.

Stamp Duty Calculator

This calculation uses non-residential (land/commercial) tax rates.

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