Factory Street, Talybont SY24

Property Details: - Type: Detached house - Bedrooms: 5 - Bathrooms: 0

Agent: Iestyn Leyshon FRICS Estate Agent - Aberystwyth Phone: 01970 580149

Lerry Mill is a historic former woollen mill complex occupying a peaceful riverside setting, offering a rare opportunity to acquire an entire and evocative site of considerable character and potential. The property comprises three residential cottages together with three former mill buildings, arranged around the original working mill. Historically, Lerry Mill was a thriving local enterprise and an important hub of community activity, with an on-site shop selling provisions and woollen products produced at the mill. Although the mill has now sadly closed and parts of the property are in a state of deterioration, it presents significant scope for restoration, conversion, or redevelopment, subject to the necessary consents. The property is located within the village of Talybont, approximately 9 miles north of Aberystwyth and an equal distance from the market town of Machynlleth. The village is a popular commuter location with a strong sense of community and excellent access to countryside and coastline. The sandy beaches of Ynyslas and Borth lie approximately 3 miles away, making the area particularly appealing to those with an active, outdoor lifestyle. <br/>Offered as a whole, Lerry Mill represents a unique lifestyle or development opportunity, combining residential accommodation, historic buildings, and land in an increasingly sought-after rural and coastal location. Alternatively, the vendors are prepared to consider dividing the property into three separate lots, each designed to provide a distinct and self-contained opportunity. Each proposed lot would comprise: <br/>One existing cottage <br/>One former mill building / outbuilding, offering conversion or ancillary potential (subject to consent) <br/>Additional land to the rear, suitable for garden use, amenity space, or future enhancement <br/>This flexible approach allows purchasers to acquire an individual element of the former mill complex while still benefiting from the character, setting, and history of the site. The option is likely to appeal to owner occupiers, investors, small-scale developers, or those seeking a restoration project in a strong rural and coastal location.