The cache is on private property, but there is no need to enter the property as it is accessable from the road. The houses around are all holiday lets so be aware of muggles.
From the cache you will be able to view the ancient abbey of Llandudoch (St Dogmaels), the Teifi river, which at high tide looks like a lake. Across the river you will see the town of Cardigan, and above the North road running off in an easterly direction (yes I know, they aren't good at maps around here <joke>).
The cache is large enough for geocoins and travel bugs.