lake vyrnwy

Another Major Piece Of Wales Property Hits The Market

Filed under: Estates, Real Estate Developments

A major property in Wales has gone on the market. The massive Brecon Estate is believed to be the most expensive in Welsh history. The 1,600 acre property is listed with Savills for £15 million. The estate includes eight farms and six let cottages but if the prospective buyer wants to live in the farmhouse at the heart of the estate, Wales Online reports that they'll have a wait on their hands. They can't take occupancy until December 2012 when the current lease runs out. The new owner could expect to make almost £200,000 a year in rent from the various farms and properties that are part of the estate. If it fails to sell as one large property it could also be broken down into 13 smaller chunks which could be sold separately.

The property is the second largest estate to go on the market in Wales this year. First honors go to the 23,000 acre Lake Vyrnwy estate in Powys which hit the market in July for £11 million.

Gallery: Brecon Estate