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See how verdicts work5-bedroom property · SA43 2HB
For saleReduced £150k (−30%) on 26 OctListed 268 days
Opportunity summary
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About
**Exciting re-development / investment opportunity !**Substantial converted former chapel**5 bed accommodation**Prominent location in the sought after seaside village of Aberporth**Superb sea views**Immense development potential**Private parking**Accommodation laid over 3 floors**Walking distance to the beach and all village amenities**WORTHY OF AN EARLY INSPECTION** **An opportunity not to be missed in this popular coastal village** The property is situated within the settlement of Aberporth on the Cardigan Bay coastline with its blue flag sandy beaches, local cafes, bars, restaurants, village shops, post office, primary school, places of worship and access to the All Wales coastal path.
The larger town of Cardigan is some 15 minutes drive to the south with a wider range of local and national retailers, supermarkets, 6th form college, secondary school, community health centre, good public transport connectivity and much more.
The popular sandy coves of Mwnt, Tresaith and Llanrannog are all within a 10 minutes drive. We are advised that the property benefits from mains water, electricity and drainage.
Oil fired central heating. Council Tax Band F (Ceredigion County Council). Tenure - Freehold.
GENERAL Brynseion Chapel consists of a converted chapel which date back to 1883 and was converted approximately 30 years ago.
The property is solid stone traditional construction under a slated roof and is laid out over three floors. The property benefits from oil fired central heating and feature Gothic arched windows.
The property offers 5–6-bedroom accommodation which could easily be split into separate accommodation units. The property has immense development potenital and is worthy of an early viewing.
The accommodation provides as follows - Side Entrance / Kitchenette 24' 4" x 10' 4" (7.42m x 3.15m) with gothic arched door, Velux windows and continues into utility/kitchen, with range of base fitted base and wall untis, door into - Wet Room 6' 7" x 14' 9" (2.01m x 4.50m) with fully tiled walls and floor, wet room, low level flush w.c.
vanity unit, inset wash hand basin.
Main Church Area 27' 4" x 30' 0" (8.33m x 9.14m) with gothic arched windows to front, an intact pulpit, exposed timber floor, door into – Front Entrance Hall 5' 7" x 24' 0" (1.70m x 7.32m) again with gothic arched double doors, mosaic tiles, stairs to both sides, one side to utility room.
Lounge 24' 9" x 19' 9" (7.54m x 6.02m) with gothic arched windows to side, arched glazed double doors out to balcony with sea views, central heating radiator, circular ceiling rose.
Double door into - Kitchen 9' 6" x 23' 4" (2.90m x 7.11m) with range of base and wall cupboard units with quartz working surfaces above, electric cooker, electric hobs, window to front and glazed gothic double doors out to balcony.
Bathroom 6' 7" x 10' 0" (2.01m x 3.05m) with 4 piece suite comprising of a panelled bath, enclosed shower with mains shower above, bidet, w.c. vanity unit with pedestal wash hand basin.
Box Room 5' 9" x 4' 8" (1.75m x 1.42m) Bedroom 1 9' 8" x 17' 8" (2.95m x 5.38m) with arched windows, central heating radiator.
Bedroom 2 9' 2" x 19' 5" (2.79m x 5.92m) with 2 windows to front, exposed beams.
Shower Room 11' 5" x 7' 4" (3.48m x 2.24m) with 4-piece suite comprising of panelled bath, enclosed shower, pedestal wash hand basin and low level flush w.c.
Bedroom 3 15' 8" x 12' 7" (4.78m x 3.84m) with double glazed window to rear, exposed beams. Bedroom 4 12' 6" x 30' 9" (3.81m x 9.37m)with 2 windows to front, exposed beams.
Bedroom 5 12' 5" x 14' 0" (3.78m x 4.27m) Gothic window to front. EXTERNALLY The property benefits from two parking spaces to the side adjoining the car park.
The property has good access to all sides with front access off a side unmade road. Potential for private side garden.
MONEY LAUNDERING 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
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Short-let licence or registration needed
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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.
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About Heol Y Graig, Aberporth, Cardigan, SA43
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