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Pisgah, Aberystwyth, Ceredigion, SY23

Wales

£175,000
Listed on 01/09/2025

Property Details

Bedrooms
3
Type
Detached house
Area
816 sqft

Description

Enlli is a detached bungalow featuring three bedrooms, situated in the charming village of Pisgah. This property is perched at an elevated position, offering stunning and unobstructed views over the Rheidol Valley, which can be enjoyed from the living room and several of the bedrooms. The interior of the bungalow is spacious and comprises three well-sized bedrooms, each with ample natural light and potential for personalization. While it currently requires modernization, this creates an exciting opportunity for renovation, allowing prospective buyers to tailor the home to their specific tastes and needs. The combined living spaces provide a solid foundation for creating a warm family atmosphere or an inviting retreat. Located along the A4120, Pisgah is only a short five-mile drive from the popular tourist destination of Devils Bridge and eight miles from Aberystwyth, where residents can access a wide range of amenities including shops, Bronglais Hospital, and Aberystwyth University. This strategic location presents not only the allure of rural living but also ensures that urban conveniences remain within easy reach, making it suitable for families, professionals, or investors looking to capitalize on rental opportunities. The layout includes an entrance porch leading into a bright living room complete with dual-aspect windows framing valley views. The kitchen features practical storage options and provides direct access to the rear garden. Additionally, there are separate facilities for convenience: a family bathroom alongside a W/C. Each bedroom offers unique vistas—whether toward the countryside or over the garden—enhancing their appeal. Overall, Enlli represents both a comfortable residential option and an investment opportunity ripe for enhancement in an attractive rural setting.

Investment Analysis

(SY23 area)

Below Market Value

This property is priced -10.6% below area average per sq ft

-10.6%
Potential saving
This Property
£214/sq ft
Area Average
£240/sq ft
Avg Rent (weekly)
£387
Avg Yield
7.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£215,289
10% above area average per sq ft
Potential ROI
+0.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Pisgah, Aberystwyth, Ceredigion, 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
£641
Based on a loan of £131,250 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