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Caradog Road, Aberystwyth

Wales

£295,000
Listed on 07/10/2025

Property Details

Bedrooms
5
Type
Semi-detached house

Description

This property offers a unique opportunity for renovation and investment, featuring a versatile layout that historically served as a self-contained two-bedroom ground-floor flat with an adjoining four-bedroom maisonette above. Each unit has its own separate EPC and council tax banding, making this a practical option for potential rental income. Located in close proximity to key local amenities such as the university, National Library of Wales, and Bronglais Hospital, this property is ideally situated to attract both student and professional tenants. The surrounding area of Aberystwyth provides a vibrant community with a mix of local and national retailers, along with diverse social, leisure, and educational facilities. Godre’r Glais retains many original features throughout its five-bedroom configuration, although modernization is needed to fully realize its potential. The accommodation includes spacious living areas with large windows that allow for ample natural light. The ground floor consists of two bedrooms, a living room with a charming bay window, and a kitchen equipped with essential amenities. The upper maisonette boasts further living space that can be tailored to suit various needs. With multiple bedrooms and generous communal areas, this property can cater well to larger families or groups seeking shared accommodation. Externally, the property includes a small garden area at the front and additional garden space at the rear and side, providing outdoor options for tenants or owners alike. Side access adds convenience for maintenance or additional uses. With all mains services connected and possessing Freehold tenure status, this property stands as an attractive investment prospect in an area known for its steady demand. Whether you are looking to transform it into individual rental units or create a single-family home that honors its historical charm while benefiting from modern efficiency, the possibilities are promising. Viewing can be arranged by appointment with the selling agents.

Investment Analysis

(SY23 area)
Area Average
£238/sq ft
Avg Rent (weekly)
£220
Avg Yield
4.0%

Renovation Potential

Est. Renovation Cost
£29,500 - £73,750
10-25% of property value
Monthly Sales
16
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (SY23)

Area prices are falling by +3.0% over the last 12 months
3 year growth: -1.6%
5 year growth: 22.6%
Investment Disclaimer: Analysis based on SY23 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Caradog Road, Aberystwyth
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