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Primrose Hill, SY23 - Image 1
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Primrose Hill, SY23

Wales

£160,000
Listed on 07/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This semi-detached three-bedroom home presents a compelling opportunity for those interested in renovation and investment. While the property is in need of modernization, it features key updates such as double-glazed windows and gas central heating, providing a solid base for further enhancements. The interior includes two reception rooms, offering versatile living spaces that can be reimagined to suit contemporary tastes. A walk-in pantry adds to the practicality of the layout, allowing for efficient use of space while highlighting potential for a stylish kitchen remodel. Outside, the sizable rear garden is a standout feature. It holds significant potential for landscaping or even expansion of the home, subject to planning permissions. This outdoor space not only enhances the property's appeal but also offers opportunities for creating outdoor living areas or gardens that could increase value. Located in the historic village of Llanbadarn Fawr, the property benefits from its proximity to Aberystwyth—only one mile away—where residents can access a wide array of amenities. The vibrant coastal town provides essential services like supermarkets, independent shops, schools, and recreational activities along its lively seafront. Additionally, a mainline railway station connects Aberystwyth with North Wales and beyond, enhancing its appeal as a desirable location. With its combination of renovation potential and favorable location, this property stands as an excellent investment opportunity for those looking to create their ideal home or capitalize on rental prospects in a sought-after area. **Accommodation Overview:** Upon entering through the double-glazed front door, you'll find a tiled hallway leading to two distinct reception rooms: the living room with cozy aspects and functional storage; and the sitting room which boasts additional features like an understairs cupboard and access to the kitchen. The well-proportioned kitchen provides ample scope for modern updates. Upstairs accommodation includes three bedrooms with various dimensions and natural light exposure. The bathroom features essential amenities which could be refreshed to enhance comfort. Externally, easy-maintenance gardens complement this home’s investment profile while offering potential lifestyle enhancements or personal touches. In summary, this property is well-positioned to benefit from thoughtful renovations that could yield significant returns in both livability and market value.

Investment Analysis

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

Renovation Potential

Est. Renovation Cost
£16,000 - £40,000
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

Primrose Hill, SY23
Map showing location of Primrose Hill, SY23
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