Cwmerfyn, Ceredigion SY23
Wales
£400,000Guide Price
Listed on 27/10/2026
Listed on 27/10/2026
The listing
Property details
Bedrooms
2Type
Detached HouseFeatures
- Parking
Description
Offered at auction, this two-bedroom farmhouse sits in the Cwmerfyn Valley with approximately six acres of land, a detached annex, a substantial barn and additional outbuildings. The property is described as an ongoing project, with some high-specification features already added but further work still to complete.
The main house has an open-plan ground-floor living and kitchen area, with two bedrooms and a family bathroom upstairs. The separate annex is used as a home office and includes a kitchen, shower room, office and ancillary space. Its use as additional accommodation would be subject to any required permissions.
The land and buildings offer scope for smallholding, equestrian or livestock use, alongside storage and workshop space. There is a large parking area, and the listing places the property around seven miles from Aberystwyth. The EPC assessment predates installation of the air source heat pump. The sale is by the Modern Method of Auction, with a reservation period and buyer fees applying; prospective bidders should review the buyer information pack and auction terms.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
44out of 100
Grade ELow opportunity
Confidence: LOW
This is a distinctive smallholding project: a characterful farmhouse with around six acres, a detached annex, a substantial barn and other outbuildings. The usable open-plan living area, fitted kitchen and shower room give the main house a practical base, while the unfinished upstairs areas offer scope to complete and personalise the interior. There is also clear potential to tidy and organise the courtyard and make better use of the outdoor space.
Key opportunities
- Complete the unfinished upstairs wall and partition finishes and improve the worn flooring.
- Clear and organise the rough courtyard and yard, with the wider land offering space for smallholding or outdoor use.
- Explore the practical potential of the detached annex, barn and outbuildings, subject to checking their condition and any relevant permissions.
Key risks
- The condition of the barn, sheds and other outbuildings is not established by the photographs and needs inspection.
- The farmhouse roof and fabric should be checked in person; photographs do not confirm their condition.
- Floor area is missing, so value against local £/sqf cannot yet be judged.
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£1,511
Based on a loan of £300,000 over 30 years at 4.45% interest
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