Interest is expected to focus on a terraced cottage going under the auctioneer’s hammer later this month in one of Wales most sought after seaside locations.
A one-bedroomed cottage at Penhelig in Aberdyfi, which has stunning views over the Dyfi Estuary, will be auction with a guide price of £129,950.
But with property prices significantly higher in the Gwynedd coastal town, there is expected to be a lot of interest in the property which is in need of some improvement.
“Aberdyfi is a sought after location and properties are often snapped up quite quickly for people seeking to live or holiday there,” said Michael Williams, a partner at estate agents and auctioneers, Morris Marshall and Poole.
“18 Penhelig is no exception. While it is a one bedroom property and in need of some modernisation, its proximity to the Penhelig Arms, Aberdyfi Yacht Club and the town as a whoe makes it a good opportunity.”
It is among eight properties from throughout Mid Wales and Shropshire being sold by estate agents and property surveyors, Morris Marshall and Poole at its Spring Property Auction on 27 April at Welshpool Livestock Sales, Welshpool, Powys.
Among the other lots are the building that housed Welshpool Social Club for 50 years.
The club, which opened in the 1960s and closed in 2015, was a popular hub in the town. The building off Brook Street contains a large bar, function room with stage, snooker room, cellar and parking. It has a guide price of £80,000.
“The social club was a hive of activity in the town for nearly 50 years. The sale of the property provides an opportunity for someone to consider a commercial business at the site or to seek planning permission for change of use,” said Rob Hudson, a partner at MMP.
A former stables and garage along the Montgomery Canal at Revel, near Berriew, has a guide price of £15,000, while 7.82 acres of land south of Trewern House at Trewern near Welshpool has a guide price of £65,000.
A two-bedroom cottage requiring improvement and modernisation at Talerddig near Llanbrynmair has a guide price of between £40,000 and £50,000, while others include a three-bedroom property at Trefonen, Oswestry with a guide price of £155,000; five lock-up garages and a yard in Salop Road, Welshpool with a guide price of £20,000 and a two-bedroom property at Sarnau, near Llanymynech at £125,000.
The auction takes place at 2pm on Thursday, 27 April at Welshpool Livestock Sales, Buttington Cross.
More details about the auction can be found at www.morrismarshall.co.uk or by telephoning MMP on 01938 554818.