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Ystrad Meurig, Aberystwyth SY25

Wales

£295,000
Listed on 06/10/2025

Property Details

Bedrooms
2
Type
Detached house
Area
803 sqft

Description

Nestled on an elevated plot with expansive views, this detached two-bedroom bungalow presents a unique opportunity for renovation enthusiasts and investors alike. Set on approximately 2 acres of land, the property is located at the edge of a tranquil village, providing a serene environment while still being within easy reach of local amenities. The nearby village of Pontrhydfendigaid, just two miles away, offers essential services including a village store, public house, and primary school. For a broader range of shops and services, the charming market town of Tregaron is only a short drive further, while the coastal town of Aberystwyth lies about 11 miles to the west. While the bungalow currently requires modernisation, it offers substantial potential for extending or reconfiguring the existing layout, subject to obtaining necessary planning permissions. The spacious grounds surrounding the property provide ample room for outdoor activities or further development. The interior features include a welcoming front porch leading into a living room with dual aspect windows that frame picturesque views. The kitchen is equipped with a solid fuel Rayburn and offers access to useful storage areas. Both bedrooms are generously sized and benefit from views of the countryside. A shower room and additional box room for laundry provide practical amenities. Externally, there is vehicle access to hardstanding areas leading to a garage complete with a work pit—ideal for hobbyists or additional storage needs. This property not only boasts an appealing location but also represents an exciting investment opportunity in an area that combines rural charm with accessibility to larger towns and essential services.

Investment Analysis

(SY25 area)

Above Market Value

This property is priced +75.4% above area average per sq ft

+75.4%
This Property
£367/sq ft
Area Average
£209/sq ft

Renovation Potential

Est. Renovation Cost
£29,500 - £73,750
10-25% of property value
Target Value
£185,007
10% above area average per sq ft
Potential ROI
-49.8%
After renovation
Monthly Sales
3
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (SY25)

Area prices are falling by +25.5% over the last 12 months
3 year growth: -30.3%
5 year growth: -9.8%
Investment Disclaimer: Analysis based on SY25 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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 SY25
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