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St. Mary Street, Cardigan, Ceredigion, SA43

Wales

£120,000
Listed on 18/11/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1197 sqft

Description

This three-bedroom residence exudes character, offering a unique opportunity for renovation and personalization in a sought-after community. The property showcases original elements, including exposed beams and traditional sash windows that contribute to its warm ambiance. The living and dining areas create an inviting atmosphere, while the expansive kitchen space presents ample possibilities for modern updates and enhancements. Upstairs, the bedrooms each possess distinct features that add charm, though they also offer potential for reconfiguration or upgrades to suit new owner preferences. The bathroom is functional as-is, yet there are opportunities to redesign it in line with contemporary standards. Outside, the private rear garden is a blank canvas awaiting your vision. It includes a patio area, a slate pathway, and a lawn space, complemented by gated access from the rear. This outdoor area could be transformed into an inviting retreat for relaxation or entertaining. The property does require some updates; however, this presents an excellent chance to increase value through renovations tailored to your specifications. Its location in a desirable neighborhood enhances its investment potential—making it a compelling option for both first-time buyers looking to establish their dream home and investors seeking solid rental opportunities. Additionally, the home benefits from established utilities including mains electricity, water, and gas central heating. The inclusion of solar panels adds an energy-efficient element—contributing approximately £800-900 annually through the feed-in tariff program—further enhancing the long-term appeal of this property as an investment. Overall, this home stands as an exciting project with significant potential for transformation in a vibrant area known for its community spirit and amenities.

Investment Analysis

(SA43 area)

Below Market Value

This property is priced -58.7% below area average per sq ft

-58.7%
Potential saving
This Property
£100/sq ft
Area Average
£243/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£319,761
10% above area average per sq ft
Potential ROI
+99.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
10
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (SA43)

Area prices are falling by +3.4% over the last 12 months
3 year growth: -7.2%
5 year growth: 28.4%
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.

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Location

St. Mary Street, Cardigan, Ceredigion, SA43
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