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See how verdicts work3-bedroom house · SY23 4AX
Listing removedReduced £20k (−4.8%) on 20 JunListed 898 days
Opportunity summary
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About
A most interesting historic rural property comprising of traditional semi-detached house, traditional mill with planning for conversion to 2 units of holiday accommodation, further former cottage and approx 13 acres of land abutting the river Ystwyth.
(EER 49) For Sale By Private Treaty A most interesting historic rural property comprising of traditional semi-detached house, traditional mill with planning for conversion to 2 units of holiday accommodation, further former cottage and approx 13 acres of land abutting the river Ystwyth.
**edged in red under different ownership** Wenallt cottage Llanafan aberystwyth ceredigion SY23 4AX We are pleased to be able to offer for sale this historic property which once formed part of the nearby Trawscoed (Lord Lisbourne) estate.
According to Cadw around 1760 the estate closed down its smaller mills and concentrated production at the new mill at Wenallt.
The holding is intersected by a council maintained road which leads to a ford over the river Ystwyth which forms the boundary to this property.
The property is situated 10 miles inland from Aberystwyth towards the upper reaches of the Ystwyth Valley just off the B4340 Aberystwyth to Pontrhydfendigaid road.
There are limited local amenities at the surrounding villages to include a primary school and public house.
Aberystwyth has a good range of both local and national retailers to cater for the large local and student populations.
There is a bus service three times a day into Aberystwyth which stops outside the house. Tenure Freehold Services Mains electricity and water. Private drainage.
Council Tax Band D Viewing Strictly by appointment with the sole selling agents - Aled Ellis & Co, 16 Terrace Road Aberystwyth. Or Wenallt Cottage (also known as Wenallt Fach Cottage).
Semi detached and extended traditional cottage (other cottage is under different ownership). The cottage provides for the following accommodation. All room dimensions are approximate.
All images have been taken with a wide angle lens digital camera. The cottages double glazed to throughout.
Ground Floor Front Entrance Door To Living Room (4.27m x 4.80m (14' x 15'9 )) Fireplace with Parkray, night storage heater, recess cupboard and under stairs storage cupboard.
Window to fore and door to Kitchen/ Dining Room (3.07m x 5.66m (10'1 x 18'7 )) Kitchen Area Comprising single drainer stainless steel sink unit with mixer tap.
Range of base units with electric cooker and 4 ring hob. Appliance spaces and worktops over.
Eyelevel units with extractor fan, tiled splashback, cooker, tiled floor, door side and window window to fire. Villager multi fuel heating range which heats the domestic hot water.
Dining Area With night storage heater and window to side. From Living Room Inner Hallway With cupboard and stairs to first floor accommodation.
First Floor Accommodation Landing With airing cupboard and night storage heater.
Access to roof space and doors to Bedroom 1 (3.38m x 3.18m (11'1 x 10'5 )) Window to fore with fine views over the River Ystwyth and beyond.
Bedroom 2 (2.31m x 2.95m (7'7 x 9'8 )) Window to fore with fine views over the River Ystwyth and beyond.
Bedroom 3 (3.18m x 3.07m (10'5 x 10'1 )) With recess cupboard and window to fore with fine views over the River Ystwyth.
Bathroom (1.60m x 3.07m (5'3 x 10'1 )) Comprising bath with Mira shower over and screen. WC and wash hand basin, wall mounted fan heater, shaver point and window to side.
Ty Nansi A small traditional property which is ripe for conversion to a dwelling subject to obtaining planning permission.
The planning department have indicated that they would support an application if the external appearance is not greatly altered and that any extension is small and traditional in appearance.
Mains electricity and water are connected. At present the property comprises of:- Ground Floor Small room with fireplace and Belfast sink. Small pantry with cold slab.
First Floor Accommodation External side access only to small bedroom. Prospective Purchases Please note that the detached garage nearby is let to the neighbouring property.
Wenallt Mill We attach a copy of the planning permission (application number A230509) for your information.
Please note conditions 3 and 4, namely that the two units shall be occupied for holiday purposes only and cannot be occupied as a persons sole or main place of residence.
Plans will be made available to bona fide parties. The Land The productive meadow land abuts the river Ystwyth as highlighted on the attached land registry plan.
The land in total to include the homestead and grounds amounts to 13 Acres. The clean paddocks are situated immediately in front of the cottage and to the rear and side of the former Mill.
The lane leading to the ford is a Council maintained road.
Pro Map Planning Permission Proposed Plans Directions (os Grid reference sn From Aberystwyth take the A487 coastal trunk road South to Penparcau.
Turn left onto the A4142 Devils Bridge Road and then immediately right onto the B4340 Pontrhydfendigaid road. Proceeded through the villages of New Cross and Abermagwr for a further mile or so.
The property is on your right hand side immediately after the S bend with a “ no through road” sign on the top of the lane
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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