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Eglwys Fach, Machynlleth, Ceredigion, SY20

Wales

£185,000

Listed on 27/05/2026

Property Details

Bedrooms
3
Type
Bungalow
Area
805 sqft

Description

Located approximately 5 miles from the bustling market town of Machynlleth and 13 miles from the renowned coastal town of Aberystwyth, this detached stone bungalow presents a significant renovation opportunity. Set on the outskirts of Eglwysfach, the property is positioned within expansive gardens that offer picturesque views over the Welsh countryside. The accommodation requires substantial refurbishment, having suffered from neglect over recent years. It includes a storm porch, a reception hall leading into a combined sitting and dining room, a kitchen with deteriorating units, an inner hallway with an airing cupboard, a dated bathroom featuring a colored three-piece suite, and three bedrooms—with the rear bedroom notably spacious, complete with built-in wardrobes and an en-suite shower room. The gardens are generously sized but have become overgrown, making access challenging; potential buyers should proceed with caution when exploring this outdoor space. This property is perfect for those looking to invest in or completely revamp a home in a serene location.

Investment Analysis

(SY20 area)

Above Market Value

This property is priced +1.2% above area average per sq ft

+1.2%
This Property
£230/sq ft
Area Average
£227/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£201,186
10% above area average per sq ft
Potential ROI
-24.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
4
Average per month
Market Turnover
4%
Properties sold annually

Local Market Trend (SY20)

Area prices are falling by -4.6% over the last 12 months
3 year growth: -6.4%
5 year growth: +11.5%
Investment Disclaimer: Analysis based on SY20 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

Eglwys Fach, Machynlleth, Ceredigion, SY20
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£660
Based on a loan of £138,750 over 30 years at 3.97% 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.

Stamp Duty Calculator

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