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Moylegrove, Cardigan SA43 - Image 1
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Moylegrove, Cardigan SA43

Wales

£260,000
Listed on 06/10/2025

Property Details

Bedrooms
2
Type
Detached house
Area
1071 sqft

Description

Nestled in the tranquil village of Moylegrove, this unique property comprises a charming two-bedroom cottage and the former Tabernacle Baptist Chapel, both offering substantial renovation potential. Approximately six miles west of Cardigan, the location is within the scenic Pembrokeshire Coast National Park, providing an idyllic backdrop that enhances the appeal of this investment opportunity. The former chapel dates back to 1894 and features original architectural elements, including stained glass panels and extensive wooden pews. Positioned adjacent to a small stream in a flat area of the village, it boasts a welcoming entrance foyer with double doors that lead into the main church space. The spacious gallery above adds to its character and provides a stunning view of the interior below. A former baptistry pool is situated at the front of the chapel, contributing to its historical significance. Behind the chapel lies Glandy Cottage, a solidly built residence in need of refurbishment yet ripe for transformation. While both buildings require attention, they sit on approximately 0.6 acres of land that presents opportunities for development (subject to relevant planning permissions). The grounds include spacious lawn areas bordered by mature vegetation and feature a block-built store/workshop attached to the rear extension of the cottage. The cottage itself has traditional characteristics such as fitted carpets and fireplaces in both living and dining rooms, while essential amenities like mains electricity, water, and drainage are already connected. The gently sloping land extends beyond the garden to include a paddock area, creating further potential for landscaping or agricultural use. This property offers a rare combination of historical charm, rural tranquility, and investment possibility within one of Wales' most picturesque regions. Prospective buyers are encouraged to explore various renovation avenues or alternative uses with local planning authorities to fully unlock its potential.

Investment Analysis

(SA43 area)

Above Market Value

This property is priced +1.3% above area average per sq ft

+1.3%
This Property
£243/sq ft
Area Average
£240/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £90,000
Target Value
£282,332
10% above area average per sq ft
Potential ROI
-19.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
10
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (SA43)

Area prices are falling by +4.3% over the last 12 months
3 year growth: -9.9%
5 year growth: 23.2%
Investment Disclaimer: Analysis based on SA43 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

Moylegrove, Cardigan SA43
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£952
Based on a loan of £195,000 over 30 years at 4.19% 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.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE