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Station Terrace, Lampeter, Ceredigion, SA48

Wales

£199,000
Listed on 18/10/2025

Property Details

Bedrooms
5
Type
Terraced house
Area
1365 sqft

Description

Presenting a five-bedroom property with significant renovation and investment potential, located in the vibrant center of Lampeter on Station Terrace. This versatile space has previously accommodated a one-bedroom ground floor flat alongside a four-bedroom maisonette, and it has also functioned as a licensed HMO. Such adaptability gives rise to numerous possibilities for reconfiguration to suit various residential or rental needs. The ground floor features a double bedroom and a living room that opens into the kitchen via glass patio doors, providing access to the garden. The first floor includes another double bedroom, a single bedroom, and a reception room that can easily transform into an additional bedroom or even a small kitchen. A bathroom completes this level. On the second floor, two more double bedrooms and an additional single bedroom offer ample sleeping arrangements, making this property particularly attractive for larger families or groups. While the property requires some updating, its generous number of bedrooms and common areas offers remarkable flexibility for modern living or communal arrangements. Each room is designed to maximize space usage while allowing personalization to meet individual requirements—ideal for home offices, leisure activities, or family gatherings. Situated in close proximity to local shops, cafes, schools, and the university, this property benefits from all the everyday amenities necessary for comfortable living. Additionally, recreational facilities are nearby, enriching the lifestyle options available to residents. For those drawn to coastal life, popular seaside towns like Aberaeron are approximately 13 miles away, with New Quay and Aberystwyth also within reach. Mains electricity, water drainage connections are present in the property along with gas central heating for year-round comfort. The property falls under Council Tax Band E and has an energy performance certificate (EPC) rating of D (60), indicating it is ready for further enhancement through renovations aimed at increasing energy efficiency. The enclosed rear garden offers a blend of outdoor space that includes a garden shed and areas suitable for parking cars or relaxing outdoors—an inviting setting that adds considerable value to any future enhancements made to this already promising investment opportunity.

Investment Analysis

(SA48 area)

Below Market Value

This property is priced -31.0% below area average per sq ft

-31.0%
Potential saving
This Property
£146/sq ft
Area Average
£211/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£317,267
10% above area average per sq ft
Potential ROI
+27.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
10
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (SA48)

Area prices are stable by +1.0% over the last 12 months
3 year growth: -2.4%
5 year growth: 27.1%
Investment Disclaimer: Analysis based on SA48 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

Station Terrace, Lampeter, Ceredigion, SA48
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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
£729
Based on a loan of £149,250 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