House · SA20 0LZ
For saleReduced £25k (−7.8%) on 16 OctListed 205 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A detached derelict house with approximately 8 acres accompanied by a former brick cart house, and a detached dutch barn. Set in an idyllic rural position in the hamlet of Myddfai, near Llandovery.
Abermydan presents a rare and exciting redevelopment opportunity for those seeking to create a bespoke countryside home.
Occupying just under 8 acres of land, the property comprises a derelict dwelling set centrally within its own grounds, offering exceptional privacy and far-reaching views across the surrounding Carmarthenshire landscape.
The setting is peaceful and unspoilt, with the property enjoying a true sense of seclusion while remaining accessible to nearby amenities.
Full planning permission has been granted under application reference 23/21878/ful, providing a valuable head start for purchasers looking to transform the site into a stunning rural residence.
The existing structures include a traditional red brick outbuilding, full of character and potential for conversion (subject to any necessary consents), as well as a Dutch barn, offering further scope for a variety of uses.
The land itself is a key feature of Abermydan, extending to just under eight acres and wrapping around the property, making it ideal for those with smallholding ambitions, or simply a desire for space and lifestyle flexibility.
This is a unique opportunity to acquire a property with significant potential in a highly sought-after rural location, close to the edge of the Brecon Beacons National Park and within easy reach of the market town of Llandovery.
Abermydan is perfectly suited to buyers with vision, offering the chance to create a truly special home in a remarkable setting.
Derelict House The derelict house at Abermydan sits centrally within its generous plot, offering a blank canvas for redevelopment.
Though now in a state of disrepair, the structure retains a sense of its original form and position, providing an excellent footprint for future transformation.
Full planning permission has been granted under application reference 23/21878/ful. Outbuilding Of brick/ block construction with corrugated roof.
Ideal for agricultural use, and offers versatile space. Dutch Barn A traditional Dutch Barn is positioned within the grounds. Ideal for agricultural use, and offers versatile space.
Former Hay Barn & Cart Shed Of brick construction and a corrugated roof. Viewing Strictly by appointment only with the selling agent.
Local Authority Carmarthenshire County Council, District Offices, 3 Spilman Street, Carmarthen, SA31 1LE.
Tel: Broadband And Mobile Phone Ultrafast broadband is available in the vicinity and the mobile phone signal in the area is deemed to be good. Tenure Freehold
Value & comps
No previous sales on record.
Returns
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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.
Area
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FAQ
About Abermydan, Myddfai, Llandovery
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