This 7.5-acre smallholding presents a remarkable opportunity for those looking to invest in a renovation project with substantial potential. Nestled on the outskirts of the charming village of Mydroilyn, this 3-4 bedroom farmhouse is just a short drive from the picturesque coastal areas of Aberaeron and New Quay, renowned for their beautiful beaches and vibrant community life. The property itself features an entrance hall, dining room, lounge with a multi-fuel stove, kitchen, and a downstairs bathroom, along with four bedrooms upstairs. While the farmhouse has been vacant for some time and requires extensive restoration, it offers the chance to revive its former charm and create a unique homestead. With mains water and electricity available and an oil-fired central heating system already in place, essential utilities are ready to be upgraded as part of your transformation plans. Surrounding the home are overgrown grounds that can be revitalized, while the ample land includes multiple pasture paddocks bordering the river Mydyr, presenting additional agricultural or leisure possibilities. There's even potential for planning permissions on a dilapidated Dutch barn located nearby. An additional 13 acres across the road may also be negotiated separately, adding even more land value to this investment prospect.