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Rhydyfelin, Aberystwyth

Wales

£410,000
Listed on 07/10/2025

Property Details

Bedrooms
5
Type
Detached house
Area
1890 sqft

Description

This detached five-bedroom home presents a promising renovation opportunity in a desirable location on the outskirts of town. Set on a substantial plot, the property boasts a large garden that not only enhances its appeal but also offers ample space for potential extensions or landscaping enhancements. Situated just two miles south of Aberystwyth, this home benefits from proximity to local amenities in Penparcau, including a post office, general stores, and a primary school. The area is conveniently connected by cycle paths and bus routes, making it accessible for commuting or leisure activities. Originally built around 60 years ago, the property requires modernization but has robust structural integrity and classic features that could be revitalized with thoughtful updates. The integral garage could be transformed into additional living space or adapted to suit personal needs with the appropriate permissions. Inside, the layout includes a welcoming reception hallway that leads to several functional spaces. The living room is complemented by French doors that open to the side garden, while the adjacent dining room offers views to the rear. A versatile sitting room adds further options for family gatherings or relaxation areas. The kitchen features essential appliances and connects to a utility room equipped for laundry tasks. The first floor accommodates five bedrooms, each providing flexibility for guests, children, or home offices. Notably, there are fitted wardrobes in several rooms and significant under-eaves storage available. The bathroom and shower room offer basic facilities that could benefit from modern finishes. Outside, the property is approached via gated access leading to tarmac hardstanding suitable for vehicles. The expansive garden surrounding the home is predominantly laid to lawn and adorned with mature trees and shrubs. A paved patio area at the rear provides an inviting outdoor space for entertaining or enjoying quiet moments in nature. This residence not only offers immediate living potential but also signifies an excellent investment opportunity given its structural possibilities, desirable location, and expansive outdoor area.

Investment Analysis

(SY23 area)

Below Market Value

This property is priced -8.9% below area average per sq ft

-8.9%
Potential saving
This Property
£217/sq ft
Area Average
£238/sq ft
Avg Rent (weekly)
£220
Avg Yield
4.0%

Renovation Potential

Est. Renovation Cost
£41,000 - £102,500
10-25% of property value
Target Value
£494,802
10% above area average per sq ft
Potential ROI
-3.5%
After renovation
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

Rhydyfelin, Aberystwyth
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