Village put back on the market

AN ENTIRE Welsh village is back up for sale again after four years of struggling to find a buyer.

The quarry village of Aberllefenni in Gwynedd is back on the market after a previous offer for the 16 homes cottages was withdrawn.

The homes and cottages for sale in Aberllefenni, which is located between Machynlleth and Dolgellau, were originally placed on the market in August 2016 for £1.5m by estate agent Dafydd Hardy.

The village’s history is linked to a slate mine of the same name, where quarrying has been taking place since the 16th century.

The properties for sale are currently under the ownership of the family of John Lloyd, of Inigo Jones Slate Works, which bought them along with the Aberllefenni quarry in the 1960s. The quarry was sold in April 2016, and the homes were put on the market shortly afterwards.

Although it attracted considerable attention at the time, the village failed to attract a buyer and the price was cut to £1.25m. An offer was made in March this year, but has since been withdrawn.

The estate agent has previously said the 16 tenanted houses and agricultural land would be “an excellent investment opportunity.”

Aberllefenni is located at the heart of an area where ongoing concerns over the availability of housing for local residents and the impact has made headlines in recent months. In August, it was reported that almost 40% of all house sales in Gwynedd are now for second homes.

Gwynedd council’s housing department has also stated that an additional 811 houses are needed every year to meet local demand.