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Ystrad Meurig, Aberystwyth

Wales

£285,000
Listed on 15/10/2025

Property Details

Bedrooms
2
Type
Detached house
Area
803 sqft

Description

This detached two-bedroom bungalow offers a unique opportunity for renovation and investment, situated on approximately 2 acres of land with stunning far-reaching views. The property is located on the outskirts of a village, just off the Ystrad Meurig to Ysbyty Ystywth road, providing a peaceful rural setting while remaining accessible to local amenities. Within a short drive, you'll find the village of Pontrhydfendigaid, approximately 2 miles away, where you can access essential services such as village stores, a public house, and a primary school. The charming market town of Tregaron is also nearby, and Aberystwyth’s coastal attractions are roughly 11 miles distant. The bungalow itself is in need of modernisation and presents significant potential for those looking to create their ideal living space. There is ample room for extension or reconfiguration, subject to obtaining the necessary planning consents. The generous grounds enhance the property's appeal, offering various possibilities for landscaping or further development. Inside, the home features a front porch that leads into a spacious living room with windows capturing natural light from both the front and side. The kitchen includes traditional elements like a solid fuel Rayburn and ample storage options. Both bedrooms provide comfortable spaces with views of the surrounding landscape, while an additional box room offers plumbing for laundry amenities. A shower room completes the interior layout, while outside features include vehicle access to hardstanding and a garage equipped with a work pit—ideal for DIY enthusiasts or hobbyists. Given its combination of location and land size, this property not only serves as a residence but also represents an excellent investment opportunity for future enhancement and potential value growth in this picturesque area.

Investment Analysis

(SY25 area)

Above Market Value

This property is priced +65.4% above area average per sq ft

+65.4%
This Property
£355/sq ft
Area Average
£215/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£189,512
10% above area average per sq ft
Potential ROI
-41.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
3
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (SY25)

Area prices are falling by +26.5% over the last 12 months
3 year growth: -37.4%
5 year growth: -23.2%
Investment Disclaimer: Analysis based on SY25 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

Ystrad Meurig, Aberystwyth
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Mortgage Calculator

£
£
£
%
%
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