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Borth, Ceredigion, SY24 - Image 1
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Borth, Ceredigion, SY24

Wales

£153,000
Listed on 27/09/2023

Property Details

Bedrooms
1
Type
Terraced house
Area
807 sqft

Description

This Edwardian one-bedroom house in Borth presents a unique opportunity for renovation and investment. With an inviting seaside location, the property offers a solid foundation and abundant potential for those looking to create their ideal retreat. The living area is both functional and charming, featuring a UPVC bay window that allows natural light to fill the room while framing views of the coastal environment. The original wooden beams add character to the space and can be further enhanced with thoughtful design updates. The adjoining kitchen, although in need of modernization, provides ample room for reconfiguration and personalization. It's equipped with a functional sink, several power points for appliances, and built-in storage units that offer practical solutions for organizing kitchen essentials. A door leads to a modest courtyard, extending the living space outdoors. An open-tread staircase ascends to the first floor, where the bedroom is bathed in light from two large windows overlooking the street. This airy room features timber flooring and exposed beams that contribute to its rustic charm. Its design offers comfort while also presenting an opportunity for updates to transform it into a cozy sanctuary tailored to your tastes. Additionally, this property includes a versatile office/dressing room. This space can be adapted as needed—ideal for setting up a home office or creating an organized dressing area. The presence of power outlets ensures it can accommodate modern devices seamlessly while preserving its historical charm. The bathroom is functional but ripe for improvement; it features essential amenities along with a double-glazed UPVC window that brings in natural light. The current layout offers flexibility for renovation, allowing you to craft a personalized space tailored to modern needs while respecting the home's historic character. Overall, this Edwardian house stands as an interesting canvas for someone with vision—a chance to enhance its existing features while making it your own in a desirable seaside locale. The investment potential here is significant, given its location and ability to customize both interiors and exteriors according to personal style preferences or rental market demands.

Investment Analysis

(SY24 area)

Below Market Value

This property is priced -20.7% below area average per sq ft

-20.7%
Potential saving
This Property
£190/sq ft
Area Average
£239/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£212,293
10% above area average per sq ft
Potential ROI
+19.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
5
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (SY24)

Area prices are stable by +0.2% over the last 12 months
3 year growth: -6.8%
5 year growth: 16.1%
Investment Disclaimer: Analysis based on SY24 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Borth, Ceredigion, SY24
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£560
Based on a loan of £114,750 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE