2-bedroom bungalow · SY23 5HX
For saleListed 276 days
Opportunity summary
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About
**Timber frame and timber clad bungalow dating back some 40 years**CASH BUYERS ONLY**Set within a large plot**Potential for re-development (stc)**Double garage**Ample off road parking**Private rear garden with stream boundary**Attractive setting with countryside outlook**Walking distance to beach and village amenities**Unique and rare opportunity within this favoured coastal village**MUST BE VIEWED TO BE APPRECIATED**Cash Buyers due to unsuitable Mortgage Conditions** The property is situated within the coastal village of Llanon, strategically positioned along the A487 coastal trunk road.
The village offers good level of local amenities and services including primary school, village shop and post office, filling station, takeaway, public house, hairdressers and good public transport connectivity.
The Georgian harbour town of Aberaeron is some 10 minutes drive to the south offering secondary school, leisure centre, community health centre, traditional high street offering, renowned local cafes bars and restaurants.
The university town of Aberystwyth with its regional hospital and network rail connections is less than 30 minutes drive to the north.
We are advised that the property benefits from mains water and electricity. Private Bio Disc Drainage. Oil Central Heating. Council Tax Bad C (Ceredigion County Council). Tenure - Freehold.
Construction Type Timber frame and timber clad GENERAL A rare and unique opportunity within this favoured coastal village to purchase an original timber frame property dating back some 40 years or so.
The construction of the property would be questionable for a mortgage purposes and the vendors has expressed a desire for cash buyers only.
The dwelling is situated within a large commodious plot with private rear garden and stream boundary with a wonderful outlook over the adjoining countryside and woodland.
It is considered that the building has potential for full re-development for a new dwelling, subject to the necessary consents.
The plot benefits from ample off road parking from the adjoining county road.
The accommodation provides more particularly as follows - Front Porch Accessed via double glass panel doors, 2 side windows.
Into - Lounge 23' 5" x 11' 6" (7.14m x 3.51m) with tiled fireplace, surround and hearth, patio door to rear patio and garden, windows to side, 2 x radiators, multiple sockets, tv point, sliding patio door into - Conservatory 9' 1" x 10' 8" (2.77m x 3.25m) with floor to ceiling upvc windows to all sides, side patio door to garden, radiator, tiled flooring.
Bedroom 1 10' 6" x 9' 8" (3.20m x 2.95m) accessed from the lounge to a double bedroom with window to front, multiple sockets, radiator. Inner Hallway With airing cupboard.
Access to Loft. BT Point. Bathroom 8' 1" x 8' 0" (2.46m x 2.44m) with panelled bath with shower over, single wash hand basin and vanity unit, dual flush w.c. radiator.
Bedroom 2 10' 7" x 12' 6" (3.23m x 3.81m) a double bedroom, window to front, radiator, multiple sockets.
Kitchen 12' 7" x 11' 6" (3.84m x 3.51m) with a range of oak effect base and wall units, formica worktop, 1½ stainless steel sink and drainer with mixer tap, housing a Worcester oil boiler, space for electric cooker, oak effect vinyl flooring, side door to parking and garden areas.
To the Front The property is approached from the adjoining county lane via a tarmacadamed forecourt with space for 3+ vehicles to park.
Separate footpath leading through to the front of the property with surrounding footpath leading through to - Rear Patio Area With glasshouse.
Steps leading down to - Extended Garden Area Laid to lawn with mature trees and planting to borders with stream boundary. Having a wonderful outlook over the adjoining countryside and woodland.
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 Strictly by prior appointment only.
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Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
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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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About Llanon, Near Aberaeron, SY23
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