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Neuaddlwyd, Aberaeron, SA48

Wales

£650,000

Listed on 06/06/2024

Property Details

Bedrooms
3
Type
Smallholding

Description

This expansive 58-acre smallholding, located at the edge of Aberaeron in Wales, presents a remarkable opportunity for renovation and investment. With approved planning permission to renovate and extend the existing stone farmhouse, this property allows you to create a modern home while capitalizing on its stunning views over the Aeron Valley and Cardigan Bay. The setting is peaceful and boasts diverse potential for development, including tourism-related projects due to its proximity to Llanerchaeron and the National Trust estate. The property features extensive land, including 9 acres of mature woodland, which enhances its appeal for outdoor activities or eco-friendly ventures. The house requires significant refurbishment to meet contemporary living standards, offering a blank canvas for creative design. Accessed via a solid stone track, the property provides both privacy and connectivity to local amenities in Aberaeron town centre as well as transportation links to larger towns like Aberystwyth and Lampeter. With essential infrastructure such as a private borehole already in place, utilities will need to be established—specifically, electricity and likely a private drainage system—as part of your renovation project. This project suits those looking not just for a new home but also an investment into a lifestyle enriched by nature and community.

Investment Analysis

(SA48 area)
Area Average
£210/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£80,000 - £120,000
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
5%
Properties sold annually

Local Market Trend (SA48)

Area prices are stable by +1.9% over the last 12 months
3 year growth: +0.8%
5 year growth: +10.5%
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

Neuaddlwyd, Aberaeron, SA48
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£2,456
Based on a loan of £487,500 over 30 years at 4.45% 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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