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Tenby Road, Cardigan, Ceredigion, SA43 - Image 1
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Tenby Road, Cardigan, Ceredigion, SA43

Wales

£240,000
Listed on 10/11/2025

Property Details

Bedrooms
5
Type
Detached house

Description

This property presents a compelling opportunity for renovation and investment in a well-located area, providing easy access to a variety of local amenities and services. The current layout features a two-bedroom ground floor apartment that, while in need of some updating, offers ample living space ideal for singles, couples, or families. On the upper level, you'll find a self-contained one-bedroom apartment filled with natural light and generous room sizes. This setup not only has potential for additional rental income but also caters well to multi-generational living arrangements. Alternatively, with the appropriate permissions, it could be converted back into a spacious single-family residence. The property benefits from off-road parking, mains gas central heating, double glazing throughout, and a versatile garden space that is currently a blank canvas. Additionally, there’s a large balcony offering views over the town—perfect for outdoor relaxation. Notably, there is already lapsed planning permission in place for two extensions, which could further enhance the property's value and usability. For those interested in renovation or expansion possibilities, plans and drawings are available through the local office. Situated in the historic town of Cardigan, this home is conveniently located near shops, schools, supermarkets, and various leisure facilities. The surrounding area supports both community engagement and accessibility to essential services. Overall, this property combines practical living arrangements with significant potential for investment growth or personal customization—making an internal inspection highly recommended to fully appreciate its scope and possibilities.

Investment Analysis

(SA43 area)
Area Average
£240/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
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
9%
Properties sold annually

Local Market Trend (SA43)

Area prices are falling by +4.3% over the last 12 months
3 year growth: -9.9%
5 year growth: 23.2%
Investment Disclaimer: Analysis based on SA43 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

Tenby Road, Cardigan, Ceredigion, SA43
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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
£879
Based on a loan of £180,000 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