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Grays Inn Road, Aberystwyth

Wales

£159,950
Listed on 08/04/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
828 sqft

Description

This property offers a solid foundation for renovation enthusiasts or investors looking to capitalize on a promising opportunity. The hall features an appealing pine bannister leading to the first floor, with access from stripped pine panelled doors. The lounge boasts a chimney breast with a slate hearth and French doors that open into an enclosed courtyard, while the dining room provides practical access through a stable door into the same outdoor space. The kitchen, though functional with fitted base and wall units, presents an excellent chance for modernization, including the addition of more contemporary appliances. A compact utility lobby is equipped for washing machine plumbing and has a window for natural light. On the first floor, two bedrooms await updating, alongside a bathroom that includes a four-piece suite with both shower and bath facilities. The exterior consists of a sunny courtyard surrounded by walls, providing privacy and potential for landscaping improvements. All essential services are in place with gas central heating established. This property is ripe for investment with various possibilities to enhance value through strategic renovations.

Investment Analysis

(SY23 area)

Below Market Value

This property is priced -19.5% below area average per sq ft

-19.5%
Potential saving
This Property
£193/sq ft
Area Average
£240/sq ft
Avg Rent (weekly)
£337
Avg Yield
6.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£218,455
10% above area average per sq ft
Potential ROI
+12.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (SY23)

Area prices are falling by -5.6% over the last 12 months
3 year growth: -7.4%
5 year growth: +13.4%
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

Grays Inn Road, Aberystwyth
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£577
Based on a loan of £119,962 over 30 years at 4.06% 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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