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Riverside Terrace

Wales

£210,000
Listed on 09/06/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
915 sqft

Description

This three-bedroom end-of-terrace house presents a promising opportunity for renovation in a desirable area of Aberystwyth. With its proximity to local amenities, this property is well-suited for those looking to invest time and resources into creating a personalized living space. The potential for modernization can significantly enhance its value, making it an attractive project for both homebuyers and investors alike. Upon entering, you are greeted by a reception hallway that leads to various living spaces designed with functionality in mind. The spacious living room features a front-facing window, offering natural light and a cozy atmosphere. Adjacent is the dining room, which includes an electric fire and access to the kitchen—equipped with essential base and eye-level units, as well as access to the rear patio. This layout provides ample opportunities for connecting these areas to create an open-plan design that suits contemporary lifestyles. The first floor hosts three bedrooms of varying sizes, each with their own unique features. The main bedroom includes built-in storage and views of the rear garden, while the second offers front elevation views ideal for natural light. The third bedroom has previously served as an office space but could easily be transformed into a comfortable sleeping area or study. The property's exterior boasts a rear enclosed patio, providing a private outdoor space with gated side access—ideal for garden enthusiasts or outdoor entertaining. Located conveniently near Aberystwyth's vibrant center, residents will benefit from easy access to shops, cafes, schools, and recreational facilities. With its renovation potential and prime location, this house stands as an appealing option for anyone looking to invest in their future home or rental property. Additional details include freehold tenure status and connections to mains electricity and water services. Gas central heating and double-glazed windows throughout ensure comfort all year round. This property represents not just a home but also an opportunity—perfectly suited for those ready to embark on their next project.

Investment Analysis

(SY23 area)

Below Market Value

This property is priced -4.3% below area average per sq ft

-4.3%
Potential saving
This Property
£230/sq ft
Area Average
£240/sq ft
Avg Rent (weekly)
£387
Avg Yield
7.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£241,409
10% above area average per sq ft
Potential ROI
-5.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (SY23)

Area prices are falling by +8.0% over the last 12 months
3 year growth: -6.6%
5 year growth: 13.9%
Investment Disclaimer: Analysis based on SY23 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

Riverside Terrace
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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
£769
Based on a loan of £157,500 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