Snap up Mid Wales village for a mere £1.5 million
Ever fancied owning an entire village? Well now's your chance as 16 slate quarry worker properties in Mid Wales have been put on the market and provided you have £1.5 million in the bank, they could all be yours.
The entire historic slate community including terraced homes and cottages at Aberllefenni, near Machynlleth, was built up around a former working slate mine of the same name, where quarrying dates back to the 16th century.
It closed as a working mine in 2003 but the finishing, crushing and dressing of slate is still undertaken on site.
The slate quarry worker properties had been owned by the family of John Lloyd, of Inigo Jones Slate Works, which bought the Aberllefenni quarry back in the 1960s along with the homes.
The family sold the quarry in April and now the 16 homes in the tiny village are on the market for £1.5 million with Dafydd Hardy estate agents.
Mr Lloyd said: "The quarry dates back hundreds of years and in the 19th century quarry properties were built around it for workers at the slate quarry which was an underground mine site.
"We bought the quarry back in the 1960s and the properties that were attached to it, the slate mine itself closed over 10 years ago but we continued to run the quarry until April when it was sold.
"The properties are traditional slate homes but we have modernised them over the years, we have continued to rent them out and there has always been good occupancy, with 15 of the 16 homes currently occupied. Times have changed over the years but it is still a nice community and and it is a good opportunity for an investor who could continue to rent out the properties, a better investment than having money in the bank."
