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See how verdicts work3-bedroom bungalow · SA48 7SB
For saleReduced £75k (−17.6%) on 26 OctListed 799 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A charming detached bungalow located on the sought after Falcondale Drive, walking distance from Lampeter town & the Falcondale country house & hotel.
This delightful property boasts three bedrooms, a spacious & airy living room, separate dining room & an overall comfortable living space.
The property benefits further from double glazing, air source heating, solar PV & well kept & colourful grounds having apple trees, evergreens and further shrubbery backing onto an open field.
Also within the spacious but manageable plot is a brick built garage / workshop with a range of uses, all in the quiet surroundings the locality offers, making it an ideal retreat, allowing you to relax and unwind in peace.
** IDEAL FAMILY / RETIREMENT PROPERTY ** Location - Most attractively positioned on a quiet & highly sought after residential area, walking distance into the University town of Lampeter having a good range of everyday amenities such as high street shops, cafes, chemist, doctors surgery & supermarket, the property is also walking distance from the luxurious services of the restaurant and country house of Falcondale Hotel being located at the culmination of the extensive drive.
Description - A spacious 3 bedroomed detached bungalow with the benefit of air source central heating & uPVC double glazing, the property provides homely & largely private accommodation & sits in ample yet manageable grounds.
One of the main features of this property is the large open living room which is the heart of this home.
This bungalow would make an ideal family/retirement property and affords more particularly the following - Front Entrance Door To - - Reception Hallway - 8.69m'" x 2.24m (max) (28'6'" x 7'4" (max)) - with access to loft & wardrobe/storage cupboards, double doors to dining room & door to - Living Room - 6.25m x 6.22m (20'6" x 20'5") - A spacious, light and airy living room with large south facing window & sliding patio door to grounds at rear, fireplace with brick surround, tiled hearth & electric fire, double doors to - Dining Room - 4.45mx 3.05m (14'7"x 10') - To the rear of the property with a pleasant outlook over grounds to the rear, double doors to reception area, door to - Kitchen - 5.54m x 3.07m (18'2" x 10'1") - Again having a pleasant outlook, with a good range of base & wall units, electric cooker with gas hob & extractor hood over, 1 1/2 drainer sink, WC, further dining space, door to - Utility Room - 3.07m x 2.34m (10'1" x 7'8") - with single drainer sink with base units, plumbing for automatic washing machine, space for tumble drier / freezer, LG air source boiler, consumer unit, door to grounds at rear.
Bedroom 1 - 4.19m x 3.07m (13'9" x 10'1") - with fitted wardrobes Bedroom 2 - 4.11m x 3.07m (13'6" x 10'1") - with low level WC & pedestal wash hand basin Bedroom 3 - 3.05m x 3.07m (10' x 10'1") - suitable as a bedroom or indeed a home office / study etc.
Shower Room - 2.13m x 1.96m (7' x 6'5") - A part tiled suite with shower cubicle having electric shower, towel rail, WC, pedestal wash hand basin, toiletries cabinet & extractor fan Externally - The property benefits from a spacious level plot with tarmacadam driveway having ample parking for several cars to the front along with walled frontage, apple trees, evergreen tree, colourful shrubbery, front lawned garden, front patio & with gated archway leading to the rear of the property which benefits further from patio grounds, further lawned garden to the rear and side & a pleasant outlook over a countryside field to the rear used for the grazing of sheep at present.
The bungalow has several solar PV panels which store energy to a battery pack, it is believed that there may be a feed in tariff generating some income, Rear Of Property - with seating areas to enjoy the largely private & relaxing surroundings that the locality provides.
Lawned Gardens - Ample yet manageable lawned gardens to the front side and rear of the property.
Garage / Workshop - 6.40m x 3.71m (21' x 12'2") - Of solid brick construction with side entrance door, electric garage door, solar PV battery & electricity connected.
This space would be suitable as a workshop or indeed as a garage. Council Tax Band 'F' - We understand the property is in council tax band 'F' with the amount payable per annum being £3039.
Services - We are informed the property is connected to mains water, electricity & drainage, air source central heating & Solar PV panels with battery pack.
Directions - What3Words: wound.soap.epidemics From Lampeter town square take the A475 west out of town for approximately 1/2 a mile, then take the right hand turning up Falcondale Drive, just before the filling station (as signposted by the 'Evans Bros' directional arrow sign), the property can then be found after a short distance on your right hand side.
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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About Falcondale Drive, Lampeter
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