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See how verdicts work4-bedroom house · SA43 2DR
Sold STCReduced £55k (−20.8%) on 4 OctListed 398 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**In all a property of great potential**A traditional detached cottage**Provides 3 or 4 bed accommodation**Deserving of some cosmetic upgrading**Full central heating and double glazing**Two private Entrance Drives**Extensive Rear Garden**Large Yard and Workshops (Formerly a mechanics garage)**Ideal Re-Development Opportunity**Has in the past had planning permission for development on the yard**A few minutes drive from the seafront at Aberporth** Located at Parcllyn which is on the edge of the popular West Wales Coastal Resort of Aberporth which offers an excellent range of local amenities including convenience stores, primary school, public house, places of worship, chip shop, post office, laundrette etc and is on a bus route.
Less than a 1/4 of an hours drive from the town of Cardigan on the Teifi Estuary with its comprehensive range of shopping and schooling facilities. Mains Electricity Water and Drainage.
Oil Fired Central Heating. Telephone subject to transfer regulations. Council Tax Band C (Ceredigion County Council). Tenure - Freehold.
Sitting Room 13' 4" x 13' 1" (4.06m x 3.99m) with upvc double glazed entrance door, open fireplace with brick feature surround, front and rear aspect windows, central heating radiator.
Living Room 13' 5" x 10' 0" (4.09m x 3.05m) with front aspect window, open fireplace, shelved alcove at side, central heating radiator.
Door to - Rear Conservatory 13' 2" x 8' 3" (4.01m x 2.51m) in upvc double glazing overlooking garden and with double glazed external doors to both sides. Central heating radiator.
Kitchen/Dining Room 15' 7" x 11' 5" (4.75m x 3.48m) (max) with front and rear aspect windows a basic range of units with working surfaces, single drainer sink unit h&c, appliance space, tiled flooring, Worcester oil fired central heating combi boiler.
External door to - Landing Approached via staircase from the Sitting Room (There is a stair lift fitted and can be left if purchaser requires).
Bedroom 1 13' 10" x 10' 8" (4.22m x 3.25m) With front aspect window with a glimpse of the sea, built in wardrobes, central heating radiator.
Bedroom 2/Box Room 8' 8" x 6' 3" (2.64m x 1.91m) with front aspect window with partial sea view, access to Loft. Central heating radiator.
Bedroom 3 12' 5" x 9' 1" (3.78m x 2.77m) again with front aspect window with partial sea view, built in wardrobe, central heating radiator.
Bedroom 4 11' 8" x 8' 5" (3.56m x 2.57m) with front aspect window, again with a glimpse of the sea. Access to loft. Central heating radiator.
Shower Room 8' 6" x 6' 7" (2.59m x 2.01m) with opaque window to rear, large walk in shower cubicle (space to replace with a bath if desired), low level flush toilet, pedestal wash hand basin, tiled walls, tiled floor, heated towel rail.
Wash Room/Utility Room 11' 6" x 8' 8" (3.51m x 2.64m) Accessed from the Side Porch. Having plumbing for automatic washing machine and door to outside Toilet.
To The Front - To the front entrance of the property is a parking space for 1 or 2 vehicles with a gated pathway leading to the front door.
To The Rear - To the rear the property benefit from an extensive area of grounds comprising of a level spacious lawned garden area with Greenhouse.
Range Of Workshop Buildings One measuring 30' x 20' with inspection pit and the other measuring 30' x 15' with a hydraulic lift fitted. Power and light connected.
These buildings are no longer in use but provide great potential for some form of light industrial/workshop/mechanical repair buildings or alternatively re-development of the whole site (subject to obtaining the necessary consents).
In fact in the past planning permission was approved for the development of a dwelling on this yard but this has since lapsed. To the rear benefits from an excellent independent vehicular access.
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.
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Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About Bryn Mel, Parcllyn, Near Aberporth
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