Entire Welsh village on sale for same price as London flat

An historic Welsh village could be yours for just over £1million – the same price as a tiny London flat.

A cool £1,150,000 will bag an investor 16 homes and cottages, along with dozens of acres of agricultural land, in Aberllefenni, near Machynlleth, mid-Wales.

After more than four years on the market and sales falling through, estate agent Dafydd Hardy believes they will finally find a buyer for the village in 2021.

There is no question it offers plenty of bang for one's buck, as the same price would stretch only as far as a two bedroom pad in Knightsbridge, London.

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Dafydd Hardy said: "The last sale fell though in November 2020, which was frustrating.

"It's the complex nature of the package that's on offer that causes all the hold-ups, but there's only one way to progress with something of this nature and that's slowly."

All currently tenanted, the properties previously housed workers from the nearby slate quarry and were owned by the family of John Lloyd, managing director of Caernarfon firm Inigo Jones & Co Ltd.

The company bought the site back in the 1960s – although quarrying in the area dates all the way back to the 16th century.

The company then sold the quarry in April 2016 and put the homes up for sale a few months later.

"We've recently had lots more people wanting to see it, and that's despite all the Covid -related rules which are in place at the moment regarding viewings.

"Actually, those restrictions can be a good thing, as they tend to make people ask for as much information as they can about a property before they commit to looking at it.

"It's a good way for us to gauge just how serious any prospective buyers might be."

And Hardy added that the enquiries he's received regarding the village in the last few months have made him think that its run of bad luck is about to be broken.

"It's early days, but let's just say I'm quietly confident 2021 will be the year Aberllefenni finally sells."

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