2-bedroom bungalow · SA38 9JP
For saleListed todayAuction 9 Nov · in 17 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Bidding opens Monday 9th November 2026 at Midday and closes Wednesday 11th November 2026 from Midday.
Detached Bungalow Requiring Complete Refurbishment in Picturesque Village An opportunity to purchase a two bedroom detached bungalow in need of complete refurbishment and benefiting from spacious gardens and a large driveway.
Acquiring the property would provide an incoming purchaser the opportunity of putting their own stamp on the accommodation.
There is a shell of a static caravan on the drive and also a storage unit and garden shed.
We have been advised that there is no current drainage system in place and this would need to be investigated further. Any prospective purchasers would need to make their own investigations on this.
The village of Cenarth is in a natural beautiful location on the banks of the River Teifi, famous for its salmon leaping waterfalls, coracle making history as well as being a lovely place to live.
The towns of Cardigan and Newcastle Emlyn are both within a 10 minute drive offering a comprehensive range of shopping and schooling facilities and some 15/20 minute drive from several popular sandy beaches along this picturesque west Wales coastline.
Accommodation Entrance Porch, lounge, kitchen, conservatory, passageway, two double bedrooms, two storage rooms, wet room.
Outside Pleasant outlook to rear, overgrown gardens with driveway for 2/3 cars, shell of static caravan present along with a storage container and garden shed.
Viewings Via our partner agents Morgan & Davies (Aberaeron) on .
IMPORTANT INFORMATION Buying at auction is a contractual commitment, you are legally obliged to buy the lot on the terms of the sale memorandum at the price you bid.
If you are the successful bidder, you are required to pay the deposit and auction fees immediately.
As agent for the seller, we treat any failure to satisfy your obligations as your repudiation of the contract and the seller may then have a claim against you for breach of contract.
You must not bid unless you wish to be bound by the common conditions of auction.
Tenure: See Legal Pack EPC Rating: F Administration Fee: 1.5% inc VAT of the purchase price, subject to a minimum of £2100 inc VAT, payable on exchange of contracts.
Buyer's Premium Fee: £900 inc VAT payable on exchange of contracts. Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Value & comps
No previous sales on record.
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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 starting price
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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
Agent & docs
FAQ
About Nyth Y Dryw, Cenarth, Newcastle Emlyn, Ceredigion SA38 9JP
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