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Station Terrace, Lampeter, Ceredigion, SA48

Wales

£199,000
Listed on 31/12/2025

Property Details

Bedrooms
5
Type
Terraced house
Area
1365 sqft

Description

This adaptable property features five to six bedrooms and is situated in a central location in Lampeter, making it a noteworthy investment opportunity. Previously arranged as a one-bedroom flat on the ground floor with an upper maisonette comprising four bedrooms, the layout allows for various configurations that could suit family living, shared accommodation, or even conversion into multiple units. The ground floor consists of essential living spaces including a double bedroom, a living room leading to a rear garden through glass doors, and a functional kitchen. The first floor includes another double and single bedroom along with a flexible reception room that could easily serve as an additional bedroom. The second floor hosts two double bedrooms and another single, maximising the sleeping capacity of the home. While some updating is required throughout to modernise the interiors and enhance overall appeal, the potential within this property is significant due to its size and versatile layout. Additionally, it benefits from gas central heating and connections to mains services which align well for future renovations. Set in close proximity to local amenities including shops, cafes, schools, and universities, this property also offers convenient access to scenic coastal towns such as Aberaeron and New Quay. With an enclosed rear garden that provides both leisure space and potential for outdoor enhancements, this property stands out as a fantastic renovation project with promising returns.

Investment Analysis

(SA48 area)

Below Market Value

This property is priced -30.6% below area average per sq ft

-30.6%
Potential saving
This Property
£146/sq ft
Area Average
£210/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£315,615
10% above area average per sq ft
Potential ROI
+21.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
11
Average per month
Market Turnover
92%
Properties sold annually

Local Market Trend (SA48)

Area prices are stable by -0.1% over the last 12 months
3 year growth: -5.7%
5 year growth: +20.0%
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 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£718
Based on a loan of £149,250 over 30 years at 4.06% 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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