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Plas Wenallt, Llanafan, Aberystwyth SY23 - Image 1
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Plas Wenallt, Llanafan, Aberystwyth SY23

Wales

£675,000
Listed on 06/10/2025

Property Details

Bedrooms
5
Type
Detached house
Area
3662 sqft

Description

This Grade II listed former vicarage holds a significant place in local history, with roots tracing back to Georgian times and Victorian enhancements. Set across four floors, including a large cellar adorned with original slate flags, this property is positioned on an elevated site adjacent to the historic Trawscoed Estate in Crosswood, Ceredigion. The expansive living areas and characterful features provide a remarkable foundation for those looking to invest in or renovate the space. The accommodation features five bedrooms and multiple reception rooms that are generously proportioned, including a bright kitchen/breakfast room with an adjoining pantry and an original cooking area rich in charm. An intriguing aspect of the layout is the self-contained one-bedroom apartment within the main house, which could serve as guest accommodation or a potential rental unit after appropriate updates. Heating is supplied by an advanced biomass pellet boiler, ensuring energy efficiency while maintaining warmth throughout this spacious residence. Outdoors, the grounds extend across approximately one acre and include various 'garden rooms' such as a meticulously designed knot garden filled with diverse plant beds, veteran fruit trees, and hidden corners perfect for exploration. The property also benefits from excellent parking options with a newly constructed carport and a garage. Historical outbuildings like the old coach house and saddler’s workshop add further intrigue to this estate; these structures have substantial renovation potential that may offer additional living spaces or creative studio environments with proper planning permissions. Meanwhile, remnants of past agricultural practices are evident in the original stables and cow shed, hinting at its self-sufficient history. Located in the picturesque Ystwyth Valley just 20 minutes from Aberystwyth’s vibrant coastal scene, this property combines tranquility with accessibility. The surrounding area boasts natural beauty with opportunities for river walks and woodland trails amidst a strong community spirit. Local amenities are conveniently reachable while providing seclusion for those seeking refuge from urban life. Overall, this property presents not only an opportunity to own a piece of history but also significant investment potential through renovation while preserving its unique character. With thoughtful updates and imagination, it could once again become a cherished family home or an attractive rental property that reflects both its heritage and modern needs.

Investment Analysis

(SY23 area)

Below Market Value

This property is priced -22.6% below area average per sq ft

-22.6%
Potential saving
This Property
£184/sq ft
Area Average
£238/sq ft
Avg Rent (weekly)
£220
Avg Yield
4.0%

Renovation Potential

Est. Renovation Cost
£67,500 - £168,750
10-25% of property value
Target Value
£958,712
10% above area average per sq ft
Potential ROI
+13.6%
After renovation
Monthly Sales
16
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (SY23)

Area prices are falling by +3.0% over the last 12 months
3 year growth: -1.6%
5 year growth: 22.6%
Investment Disclaimer: Analysis based on SY23 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

Plas Wenallt, Llanafan, Aberystwyth SY23
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