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Aberarth, Aberaeron

Wales

£229,950
Listed on 31/12/2025

Property Details

Bedrooms
6
Type
Detached house
Area
2454 sqft

Description

This distinctive detached property, originally built as two cottages in the 1860s, is a blank canvas with potential for renovation or investment. Featuring solid stone walls and a slated roof, the house comprises six bedrooms, two attic rooms, and ample living space including two receptions, a bathroom, and a kitchen that opens to a sunny garden. The interior has been partially modernized with some insulation and a new central heating system in place. The expansive garden includes a separate garage and workshop on an additional plot, providing opportunities for outdoor projects or further developments. Located conveniently along the main A487 road in Aberarth, this home is within walking distance to coastal paths and local amenities in Aberaeron. With the right vision, this property could easily be transformed into one larger family home or reconfigured into two semi-detached units for rental income potential.

Investment Analysis

(SA46 area)

Below Market Value

This property is priced -63.5% below area average per sq ft

-63.5%
Potential saving
This Property
£94/sq ft
Area Average
£256/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£692,261
10% above area average per sq ft
Potential ROI
+116.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
2
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (SA46)

Area prices are falling by +21.8% over the last 12 months
3 year growth: -19.0%
5 year growth: 7.0%
Investment Disclaimer: Analysis based on SA46 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

Aberarth, Aberaeron
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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
£842
Based on a loan of £172,462 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