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See how verdicts work2-bedroom bungalow · SA43 1PG
For saleReduced £20k (−6.8%) on 26 OctListed 176 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set in a quiet location of Felin ban farm estate, this well-maintained property offers excellent potential with scope to extend (subject to the necessary permissions) and benefits from generous off-road parking.
Additional features include a recently installed shed (approximately six months old) and the advantage of its own private water supply.
The living space is both cosy and characterful, featuring multiple double glazed windows allowing for plenty of natural light, alongside a log burner set on a slate hearth with a wooden beam and tiled feature wall.
The kitchen is well-equipped with wall and base units, integrated oven and induction hob, underfloor heating, and practical finishes throughout.
Further accommodation is versatile, suitable for use as additional sleeping space or a home office, while the main bedroom offers a comfortable and private setting.
The bathroom is well-appointed, complete with both a panel bath and separate shower, underfloor heating, and useful storage.
Externally, the property enjoys a well-kept garden with lawn and patio areas, enclosed by hedging and fencing for privacy.
A log store, external tap, lighting, and additional storage shed enhance the outdoor space, making it both functional and inviting.
The property is located within the West Wales market town of Cardigan which is within walking distance of the towns facilities including a good range of local shops, national retailers, educational establishments, hospital and a short drive from the Ceredigion coast which is renowned for its outstanding scenery and beaches.
Living Room Carpeted flooring. Side facing double glazed pvc window. 3 Front facing double glazed window. Front access doors. Log burner on slate hearth. Wooden beam. Tiled wall.
One electric radiator. Kitchen Underfloor heating. Tiled flooring. Wall and base units. Extractor fan, integrated oven and induction hob. Part tiled walls.
Rear facing double glazed frosted windows. Single drainer sink. Second Bedroom/Office Double glazed pvc window. One electric radiator. Laminate flooring.
Master Bedroom Carpeted flooring. rear facing frosted window. One electric radiator. Bathroom Tiled flooring. Under floor heating. Two rear facing double glazed frosted windows.
Panel bath. Storage shelving. Cubical shower. Part tiled walls. W.c. Pedestal wash hand basin. Boiler. White goods plumbing. Externally Generous Off road parking. Hedge and fenced boarder.
Log store. External tap and lighting. Grass garden. Patio area. Storage shed. Services We are advised that mains electricity, water and drainage are connected. Oil fired central heating.
Energy Performance Despite its modest EPC rating, largely a technicality due to the flat roof and electric wall heaters, the seller can confirm this home is remarkably economical to run and maintains an impressively low carbon footprint in practice.
The property benefits from significant structural upgrades, including a fully insulated flat roof, replaced in the last 10 years with a further 10 year warranty and specialised internal wall paneling that effectively trap heat.
Comfort is prioritised through efficient underfloor heating, while the heart of the home features a powerful multifuel stove capable of heating the entire living space with ease, making the property extremely cosy during the colder months.
Perhaps most uniquely, the absence of water rates offers a substantial annual saving.
The true efficiency of the property is best reflected in the overheads: for the entirety of 2025, the combined cost for both electric and gas reached just under £200, proving that modern insulation and (truncated)
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
Agent & docs

FAQ
About Felin Ban Farm Estate, Cardigan, Ceredigion, SA43
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