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Mydroilyn, Lampeter SA48

Wales

£200,000

Listed on 21/06/2026

Property Details

Bedrooms
4
Type
Detached Bungalow
Area
1249 sqft

Description

This expansive four-bedroom detached bungalow presents a unique opportunity for renovation and customization. Split across levels, it features an advantageous lower ground floor garage and workshop space, versatile enough to be transformed into a home office, gym, or even an annex, pending the requisite planning approvals. Nestled in the semi-rural village of Mydroilyn, approximately six miles from Aberaeron, the property boasts mature gardens that offer pleasing views over the surrounding countryside. The bungalow itself requires general refurbishment to restore its full potential. Currently equipped with oil-fired central heating and single-glazed windows, it awaits modern upgrades. Internally, the layout includes a generously sized living room with an exposed stone fireplace and ample natural light from triple aspect windows. The kitchen/diner comes with fitted units and a woodburning stove, while four bedrooms provide comfortable accommodation. Outside, the property features off-road parking for two vehicles and gardens needing some landscaping work. Additionally, access to the lower garage opens doors for creative expansion or enhancement of living spaces. This property is well-suited for those looking to invest time and resources into creating a personalised home in a picturesque location.

Investment Analysis

(SA48 area)

Below Market Value

This property is priced -23.7% below area average per sq ft

-23.7%
Potential saving
This Property
£160/sq ft
Area Average
£210/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£288,382
10% above area average per sq ft
Potential ROI
+10.9%
After renovation
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

Mydroilyn, Lampeter 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
£756
Based on a loan of £150,000 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.

Stamp Duty Calculator

Price History

-20.0% since listed
£200,000£35,000(-14.9%)
20/06/2026
Current price
£235,000£5,000(-2.1%)
02/10/2025
£240,000£10,000(-4.0%)
06/06/2025
£250,000Initial listing
04/05/2025

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