Worst House on the Street Logo
Felinfach, Lampeter - Image 1
Felinfach, Lampeter - Image 2
Felinfach, Lampeter - Image 3
Felinfach, Lampeter - Image 4
Felinfach, Lampeter - Image 5
Felinfach, Lampeter - Image 6

Felinfach, Lampeter

Wales

£275,000
Listed on 06/01/2024

Property Details

Bedrooms
N/A
Type
Detached house

Description

This property presents a promising opportunity for those interested in rural development and investment. Situated within the scenic Aeron Valley, this site benefits from detailed planning permission for the construction of five dwellings. The configuration includes three detached homes designated as open market properties, alongside two semi-detached units categorized as affordable housing. With planning consent granted in 2013 under application number A130477, initial groundwork has commenced to secure the approval. Nestled on the outskirts of Felinfach, a charming village known for its essential amenities—such as shops, a public house, a post office, and a primary school—the location is both convenient and appealing. Just six miles from Aberaeron’s Georgian harbor and coastal attractions, this area is well-positioned for future growth and development. Furthermore, it offers easy access to larger towns like Lampeter to the east and Aberystwyth to the north. The layout of the site includes an internal private access road, enhancing its functionality and appeal. Details of each plot reveal a diverse offering: Plot 1 features a four-bedroom detached home with two bathrooms and an integral garage; Plots 2 and 3 comprise semi-detached three-bedroom homes ideal for affordable living; while Plots 4 and 5 showcase additional four-bedroom detached houses with integral garages—Plot 5 being notably positioned on a corner for added privacy. Infrastructure-wise, mains electricity and water connections are accessible nearby, pending connection fees. Moreover, provisions have been approved for private drainage systems to support all proposed homes along with necessary water discharge exemptions. This site not only offers potential residential development but also capitalizes on an attractive rural setting with ample local resources and community engagement opportunities.

Investment Analysis

(SA48 area)
Area Average
£211/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£450,000 - £600,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
10
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (SA48)

Area prices are stable by +1.0% over the last 12 months
3 year growth: -2.4%
5 year growth: 27.1%
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

Felinfach, Lampeter
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,007
Based on a loan of £206,250 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.

Next Steps

Explore services to help you with this property purchase.

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE