2-bedroom house · SA46 0JR
For saleListed 69 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** Attention 1st time buyers ** Ideal opportunity to get on the housing ladder ** Cosy, well presented 2 bedroom cottage ** Private south facing conservatory and rear garden ** Off-road parking ** Low maintenance property with low running costs ** Edge of town location ** Conveniently positioned close to the sea front on the fringes of the popular West Wales Georgian harbour town of Aberaeron along Cardigan Bay ** Being within a few minutes walk of the town, 500 yards or so off the main A487 coast road providing ease of access to the town and nearby amenity centres of Aberystwyth, Cardigan and Lampeter.
Aberaeron offers a good level of local amenity and services including primary and secondary school, leisure centre, integrated health care centre, traditional high street offerings, renowned local cafes, bars and restaurants.
The property benefits from mains water and electricity. Shared private drainage system. Council Tax Band B (Ceredigion County Council). Tenure - Freehold.
Front Concrete Forecourt With uPVC glass panel door, tiled flooring leading into: Lounge 10' 1" x 10' 9" (3.07m x 3.28m) window to front, wood effect flooring, radiator, multiple sockets, TV point, open plan into: Kitchen 7' 6" x 5' 8" (2.29m x 1.73m) a range of base and wall units, wood effect worktop, plumbing for washing machine, space for electric cooker, tiled flooring, tiled splashback.
Conservatory 7' 9" x 10' 9" (2.36m x 3.28m) being south facing of uPVC construction with windows overlooking garden and side door to patio and garden area, tiled flooring, radiator, electric socket.
Front Bedroom 1 7' 4" x 9' 9" (2.24m x 2.97m) double bedroom, window to front, wood effect flooring, radiator, multiple sockets.
Rear Bedroom 2 6' 8" x 9' 4" (2.03m x 2.84m) double bedroom, wood effect flooring, radiator, multiple sockets.
Bathroom 5' 9" x 5' 2" (1.75m x 1.57m) enclosed corner shower, WC, single wash hand basin, heated towel rail, wood effect flooring, rear window.
To Front The property is approached from the tarmacadam roadway with front parking.
To Rear An enclosed rear garden area with mature planting to borders, garden predominantly laid to lawn, rear gate leading into designated parking area accessed from a service lane.
Anti 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
Set an offer; the calculator follows it.
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
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FAQ
About 2 Drefach Cottages, Drefach, Aberaeron
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