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Llanon, SY23

Wales

£165,000

Listed on 29/08/2026

The listing

Property details

Bedrooms
2
Type
Cottage

Description

This unique opportunity presents a 2-bedroom detached cottage/bungalow situated on approximately 1.25 acres of grounds, requiring complete renovation and refurbishment. The property boasts breathtaking sea views over Cardigan Bay and includes a 2-bedroom static caravan, along with a range of useful outbuildings, including stables. Nestled in a quiet location at the end of a private track, it offers massive potential for those willing to undertake the challenge of restoration. The accommodation comprises a rear porch/utility area, lounge, kitchen, two double bedrooms, a shower room, dining room, and sunroom. Located just a five-minute drive from the coastal village of Llanon, residents can enjoy a variety of local amenities, including shops, a Post Office, and public houses. The Georgian harbour town of Aberaeron is approximately five miles away, while the university town of Aberystwyth is around twelve miles distant. The property benefits from mains water and electricity, with a shared private drainage system leading to a septic tank and Economy 7 heating. While significant refurbishment is needed, this property has the potential to become something truly special. The static caravan is in average condition and could serve as temporary accommodation during renovations. Note that a public footpath crosses the property but is rarely used.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

54out of 100
Grade DWeak opportunity

Confidence: LOW

This 2-bedroom semi-detached cottage offers an exciting renovation opportunity, set in approximately 1.25 acres with stunning views over Cardigan Bay. While the interiors show significant signs of wear and damp throughout, the property’s large plot and potential for transformation make it a canvas for creative renovation. The dated kitchen and bathroom, along with the spacious living areas, provide ample scope for modernisation and improvement.

Despite the extensive work required, including potential structural concerns, the property's positioning and scenic views can lend themselves to a unique living experience once revitalised. Notably, the asking price of £165,000 is appealing compared to the local average of £288,988, suggesting a reasonable entry point for those prepared for a significant project. Be aware that bidding can drive the final sale price above the guide, so the opportunity may not stay this cheap for long.

Key opportunities

  • The large plot size offers potential for expanding the living space or enhancing outdoor amenities.
  • Breathtaking sea views can be maximised with thoughtful design and layout changes.
  • The existing outbuildings, including stables, could be repurposed for various uses, adding value to the property.

Key risks

  • Stripped interiors and a £100,000–£200,000 works budget make this a full-gut programme, not a refresh.

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Map

Location

Llanon, SY23
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£623
Based on a loan of £123,750 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.

Tax

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