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Powell Street, Aberystwyth SY23 - Image 1
Powell Street, Aberystwyth SY23 - Image 2

Powell Street, Aberystwyth SY23

Wales

£189,500
Listed on 09/04/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1011 sqft

Description

This end-of-terrace property, nestled in a quiet part of Aberystwyth, presents a significant opportunity for buyers with vision. Though it requires considerable improvement, the layout boasts three reception rooms and three bedrooms, making it ideal for transformation into a spacious family home or an investment rental property. The presence of a useful cellar with rear yard access adds to its charm, offering potential for extra storage or utility space. On the upper floors, two loft rooms provide possibilities for further development. This property has been a rental unit in recent years and includes essential fire safety measures such as detection systems and emergency lighting. Its location is prime for accessing local amenities and transport links within this thriving seaside town.

Investment Analysis

(SY23 area)

Below Market Value

This property is priced -21.9% below area average per sq ft

-21.9%
Potential saving
This Property
£187/sq ft
Area Average
£240/sq ft
Avg Rent (weekly)
£387
Avg Yield
7.6%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£35,000 - £60,000
Target Value
£266,737
10% above area average per sq ft
Potential ROI
+6.9%
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

Powell Street, Aberystwyth SY23
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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
£694
Based on a loan of £142,125 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