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Iorwerth Avenue, Aberystwyth - Image 1
Iorwerth Avenue, Aberystwyth - Image 2
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Iorwerth Avenue, Aberystwyth

Wales

£348,000
Listed on 28/06/2025

Property Details

Bedrooms
5
Type
Semi-detached house
Area
2319 sqft

Description

This generously sized semi-detached house offers five bedrooms and is situated in a prime location that combines accessibility to amenities with potential for renovation. The property is positioned just a short walk from the town center of Aberystwyth, where residents can enjoy a variety of social, leisure, and shopping options. Additionally, its proximity to Bronglais Hospital, the National Library of Wales, and the University enhances its appeal for families and students alike. The home features a substantial side garden that provides ample outdoor space, ideal for landscaping or recreational usage. Off-road parking at the rear adds to the convenience of this property. While it currently requires modernization, the spacious interior layout presents an exciting opportunity for buyers to create a personalized living environment tailored to their tastes. Key elements include a welcoming reception hallway leading into both a living room and dining room, each boasting classic tiled fireplaces and picture rails. The basic kitchen provides essential functionality but awaits updates to bring it in line with contemporary standards. A utility room offers additional practicality alongside a downstairs WC and rear conservatory that connects seamlessly to the garden. On the first floor, three well-sized bedrooms are complemented by traditional features such as fireplaces and even a Juliet balcony in one room which provides added charm. A shared bathroom completes this level while the second floor hosts two more bedrooms under sloping ceilings, both benefiting from Velux windows that allow light to pour in. Overall, this property not only presents expansive living spaces but also serves as an attractive investment opportunity in an area with strong rental demand due to its central location near key amenities. With all main services connected and freehold tenure assured, it’s positioned well for those looking to renovate or capitalize on its investment potential in Aberystwyth’s evolving market landscape.

Investment Analysis

(SY23 area)

Below Market Value

This property is priced -37.4% below area average per sq ft

-37.4%
Potential saving
This Property
£150/sq ft
Area Average
£240/sq ft
Avg Rent (weekly)
£387
Avg Yield
7.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£611,833
10% above area average per sq ft
Potential ROI
+43.0%
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

Iorwerth Avenue, Aberystwyth
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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
£1,275
Based on a loan of £261,000 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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