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Auction: 26th February 2026 Live Stream Auction 26/02/2026 - Bidding opens Thursday 26th February 9:00 AM

Lerry Mills, Talybont SY24 5ED

Guide Price

£450,000 plus

Additional Costs / Fees will apply

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Property Details

Location

Auction Details

Description

An outstanding and unique opportunity to acquire a historic site of approximately 7 acres of outstanding natural beauty, woodland, river and fishing rights. Also including residential and commercial buildings dating back to the 1600s (Possible records from Roman times are said to exist also, but unconfirmed)

Bought at auction 100 years ago in 1926 and retained in the same family ownership the site consisted of 6 x 1 bedroom weavers cottages which were converted in the 1960s - 80s to 3 cottages and a shop with one cottage also benefitting from a rear extension.

The site once a part of the Gogerddan Estate consists of the following:

3 cottages requiring refurbishment
Car park for over 15 vehicles
Mature woodland consisting of Oak, Pine, Ash and Sycamore trees with a track for vehicle access
River with fishing rights
Mills:
Mill 1 - Weaving Shed
Mill 2 - Little shop (Originally believed to be a flour mill)
Mill 3 - Top Mill used as a spinning and carding mill
Mill 4 - Dye Shed
Mill 5 - Lloft Mari weaving shed

There is further potential to add additional dwellings on the site STPP, we have been informed by the sellers that local planners have suggested that there could be a feasible option to construct a further 3 dwellings with access available on the roadside boundary (we recommend any interested parties to carry out their own due diligence regarding any planning).

The site is set within an area of renowned natural beauty with the river Leri running through it within the wooded valley, it offers good fishing and once had the water power to run the Woollen Mill Machinery, this could be further enhanced with an opportunity to add glamping or holiday lodges on the site to offer long term or holiday accommodation (STPP) due to its location and scenic appeal.

Viewings will be available and it is recommended you contact our office for further details.

Please click on the virtual tour to watch an extensive video of the site (approx 10 mins).

Accommodation

Draft Sales Details
These sales details are awaiting vendor approval.

Costs

Auction Details:

The sale of this property will take place on the stated date by way of Auction Event and is being sold under an Unconditional sale type.

Binding contracts of sale will be exchanged at the point of sale.

All sales are subject to SDL Property Auctions Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.

Auction Deposit and Fees:

The following deposits and non- refundable auctioneers fees apply:

• 5% deposit (subject to a minimum of £5,000)

• Buyers Fee of 4.8% of the purchase price (subject to a minimum of £6,000 inc. VAT).

The Buyers Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.

Additional Information:

For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page.

This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).

Guide Price & Reserve Price:

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.