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See how verdicts work4-bedroom detached house · SA45 9RH
Sold STCListed 216 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** Delightfully refurbished 3 bedroomed bungalow plus self contained 1 bedroomed annexe/holiday let/granny annexe ** Set within its own grounds ** Ample private parking ** Fronts a quiet district road ** Views to the sea in the distance ** Less than a mile from the popular coastal resort and seaside fishing village of New Quay ** Ideal multi generational / home with an income ** Must be viewed internally to be full appreciated ** The accommodation is immaculately presented and offers double glazing and oil fired central heating.
Provides Entrance Hall, Front Sitting Room, Inter connecting Dining Room and fully fitted Kitchen, rear Porch, 3 Bedrooms, newly refitted Bathroom/Shower Room.
Adjacent annexe provides En-suite Bedroom, Sitting Room and Kitchenette. Conveniently located close to the village community of Maenygroes, less than a mile from New Quay.
8 miles from the Georgian harbour town of Aberaeron with its comprehensive range of shopping and schooling facilities and an easy travelling distance of the larger marketing and amenity centres of Aberystwyth, Cardigan and Lampeter.
Mains electricity, water and drainage. Oil fired central heating. LPG gas for cooking. Hardwood effect uPVC double glazing all round. Council Tax Band E (Ceredigion County Council). TENURE - Freehold.
GENERAL Since acquiring the property, the current vendors have invested significantly in the modernisation of the property which includes new double bunded oil tank, outside taps, security lights, outside electric points, brand new multi fuel modern burner, brand new USB sockets and complete re-decoration.
The property lends itself perfectly for those looking for multi-generational accommodation or a home with an income.
Entrance Hall 12' 4" in length with hardwood effect uPVC double glazed door with in set leaded glass panel, tiled floor, built in cloak cupboard with mirror door.
Front Sitting Room 17' 1" x 11' 1" (5.21m x 3.38m) with solid oak flooring, recently installed modern multi fuel stove burner, front aspect windows with sea views, central heating radiator, opening to - Inter Connecting Kitchen/Dining Room 20' 6" x 9' 0" (6.25m x 2.74m) with front aspect window and distant sea views, solid oak flooring.
The Kitchen Area has a tiled floor and a new range of fitted base and wall cupboard units with oak work tops, single drainer sink unit with mixer taps with extendable hose, inset Zanussi LPG gas hob unit with cooker hood, integrated dishwasher, fitted eye level Zanussi electric oven, metro tiled walls, ceiling spot light track.
Door to - Rear Porch 10' 6" x 4' 0" (3.20m x 1.22m) with tiled floor and uPVC hardwood effect double glazed windows, plumbing for a washing machine, rear exterior door.
Bathroom/Shower Room 6' 10" x 5' 5" (2.08m x 1.65m) with tiled floor, a new suite provides corner shower cubicle, pedestal wash hand basin, low level flush toilet, black ladder radiator, tiled walls, extractor fan Rear Double Bedroom 1 12' 1" x 8' 11" (3.68m x 2.72m) with central heating radiator, one wall having a fully fitted range of wardrobes with sliding mirror doors Front Double Bedroom 2 11' 0" x 9' 11" (3.35m x 3.02m) with central heating radiator, built in wardrobe.
Rear Bedroom 3 / Dressing Room 11' 0" x 7' 11" (3.35m x 2.41m) with central heating radiator, built in wardrobes. Inter connecting door to Annexe.
Independent Front Entrance Hall With tiled floor and central heating radiator, double socket. Sitting Room 13' 3" x 8' 11" (4.04m x 2.72m) built in cupboards, central heating radiator.
Kitchenette 10' 3" x 5' 5" (3.12m x 1.65m) with tiled floor, Formica working surfaces, stainless steel single drainer sink unit with mixer taps, central heating radiator, plumbing for a washing machine.
Double Bedroom 4 10' 8" x 9' 11" (3.25m x 3.02m) central heating radiator.
En-suite Shower Room With tiled floor, tiled shower cubicle, low level flush toilet, pedestal wash hand basin, half paneled walls, black ladder radiator.
To the Front Brick walled forecourt with galvanised double gates to entrance. Tarmac drive with parking for 2 or 3 vehicles.
The Grounds The grounds are easily maintained having a lawned area to front. Gates access to each side leads to a rear enclosed yard and graveled patio and sitting out area, useful garden shed.
2 x double outside sockets, 1 x single outside socket and outside taps.
Annexe Grounds To the front and side of the annexe there is also an enclosed fenced in lawned garden area, two raised beds, garden shed. Outside oil fired central heating boiler.
MONEY LAUNDERING REGULATIONS The successful purchaser will be required to produce adequate identification to prove their identity within the terms of the Money Laundering Regulations.
Appropriate examples include: Passport/Photo Driving Licence and a recent Utility Bill. Proof of funds will also be required, or mortgage in principle papers if a mortgage is required.
VIEWING ARRANGEMENTS Strictly by prior appointment only.
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Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
Short-let licence or registration needed
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About Maenygroes, New Quay, SA45
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