We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom house · SA44 6BZ
Listing removedListed 289 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** Attractive 3 bed (2 bath) cottage ** Scenic rural location close to the coast ** Expertly converted with many charming features appointed throughout ** 2 bathrooms ** Oak effect double glazing ** Attractive stone facing elevations ** Front forecourt parking ** Rear enclosed private walled in yard/patio with recently installed oak frame covered seating area ** Only 2 miles from the Cardigan Bay coast ** Must be viewed to be appreciated ** The property comprises of - Front Lounge, Rear kitchen / Dining Room, Bathroom, Utility Room.
First Floor - 3 Double Bedrooms, Shower Room.
Forms part of a farm yard complex where all of the buildings have now been converted to private dwellings, in rural surroundings, 2 miles or so inland from the sea at the picturesque secluded coves of Cwmtydu on the Cardigan Bay Heritage coastline, convenient to the seaside villages of New Quay and Llangrannog.
An easy reach of the Georgian harbour town of Aberaeron and the market town of Cardigan. A close travelling distance of the university towns of Aberystwyth and Lampeter.
The property benefits from mains electricity and water. Private drainage. Electric heating. UPVC oak effect double glazing. Fibre internet connection. Council Tax Band D (Ceredigion County Council).
Tenure - Freehold. General The Old Dairy forms part of an impressive traditional farmyard complex with all of the buildings having now been converted to high standard residential dwellings.
This cottage was originally an Old Dairy before its conversion and now offers delightful, deceptively spacious accommodation.
Living/Dining Room 23' 5" x 15' 5" (7.14m x 4.70m) accessed via a half glazed timber effect uPVC door into a character room with wood burning stove on slate hearth, 2 electric night storage heaters, alcove, 2 double glazed windows to front.
Rear Kitchen/Breakfast Room 17' 9" x 12' 11" (5.41m x 3.94m) with tile effect laminate flooring, fitted range of pine fronted base and wall cupboard units with Formica working surfaces, single drainer 1 1⁄2 bowl sink unit with mixer taps, slot-in oven with cooker hood, appliance space with plumbing for dish washer, electric night storage heater, part tiled walls, high vaulted ceiling, Velux window, rear exterior door.
Utility Room With plumbing for automatic washing machine, Formica working surfaces.
Downstairs Bathroom Part tiled with a white suite comprising of a bath with telephone hand set shower unit, flush toilet, wash hand basin. Central Landing Velux window, exposed beams.
Double Bedroom 1 10' 10" x 8' 4" (3.30m x 2.54m) with exposed timber floor, instant electric heater, exposed ceiling a-beams and built in wardrobe.
Double Bedroom 2 9' 8" x 8' 4" (2.95m x 2.54m) with exposed timber floor, exposed ceiling beams, instant electric heater.
Rear Bedroom 3 13' 2" x 6' 6" (4.01m x 1.98m) with exposed timber floor, electric night storage heater, vaulted ceiling with Velux window.
Shower Room A modern white suite comprising of a corner shower cubicle with a Triton shower unit, corner positioned low level flush toilet, pedestal wash hand basin, heated towel, Velux window.
To The Front Front garden forecourt laid to chippings with parking for 4 vehicles. To The Rear Is a delightful walled courtyard with patio paving slabs forming a private area.
A recently installed oak garden shed and a oak framed covered seating area under a tiles roof. Tenure We are informed the property is of Freehold tenure and will be vacant on completion.
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.
Viewing Arrangements 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.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
.gif)
FAQ
About The Old Dairy, Pendderw, Nr New Quay
Explore nearby