We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom house · SY23 5HB
Listing removedListed 379 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** 2 bedroom property in need of full refurbishment ** Central village location ** Rear courtyard ** Option to purchase additional riverside garden area** Ideal opportunity for those seeking to get on the housing ladder or those seeking a redevelopment project in a popular coastal village ** The property is situated within the village of Llanon along the A487, offering village primary school, shop and Post Office, public house, petrol station, places of worship, hairdressers, car sales garage and access to nearby beaches and the All Wales coastal path.
The Georgian harbour town of Aberaeron is some 5 minute drive to the south offering a wider range of amenities including secondary school, community health centre, leisure centre, local shops, cafes, bars and restaurants.
The university town of Aberystwyth is some 30 minutes drive to the north with its regional hospital, Network Rail connections, Local Government and Welsh Government offices, retail parks, industrial estates and large scale employment opportunities.
We are advised the property benefits from mains water, electricity and drainage. Night Storage heating. Council Tax Band B (Ceredigion County Council). Tenure - Freehold.
Entrance Hall 3' 4" x 8' 3" (1.02m x 2.51m) accessed via a uPVC door, tongue and groove panelling to walls, laminate flooring, stairs to first floor.
Lounge 11' 1" x 14' 7" (3.38m x 4.45m) with window to front, stone tiled fireplace and surround, heater. Inner Hallway With access to understairs cupboard housing hot water cylinder.
Bathroom 7' 8" x 4' 4" (2.34m x 1.32m) panelled bath with shower over, single wash-hand basin, WC.
Kitchen 15' 2" x 13' 2" (4.62m x 4.01m) with a range of base and wall cupboard units, single stainless steel drainer with mixer tap, rear window, skylight over, space for dining table, heater and rear door to courtyard.
Landing With window to rear, access to loft, heater. Front Double Bedroom 1 13' 8" x 9' 8" (4.17m x 2.95m) with window to front, electric socket.
Rear Double Bedroom 2 8' 2" x 9' 4" (2.49m x 2.84m) window to rear. To The Front - The property is approached via Stryd y Capel to a front footpath and small patio area.
To The Rear - Enclosed garden with 6' stone wall boundary with lean-to storage to the side. Additional Garden There is the option to purchase an extended garden area across the road from the property.
This is accesssed via right of way through a property lying opposite Northlands to a riverside garden area. Available subject to negotiation. Area shown on the plan attached.
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. Please contact our Aberaeron Office on or All properties are available to view on our Website – . Also on our facebook Page - .
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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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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
Agent & docs
FAQ
About Northlands, Stryd y Capel, Llanon
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