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Penmaesglas Road, Aberystwyth

Wales

£165,000
Listed on 02/04/2026

Property Details

Bedrooms
3
Type
Terraced
Area
926 sqft

Description

This period property offers a unique opportunity for those looking to undertake a renovation project in Aberystwyth. With its attractive stone facade and characterful features, this three-storey home is ideally positioned close to the heart of town, just a short distance from South Beach and local amenities. The interior layout comprises two reception rooms, a rear kitchen awaiting your personal touch, and three bedrooms along with a bathroom on the first floor. Key elements such as ornate tiling in the entrance hall and original fireplaces add to its charm but require modernization. The property is predominantly constructed of solid stone with rendered elevations and dates back to the late 1800s, providing a sturdy foundation for your renovation vision. Ideal for builders or aspiring developers seeking a fulfilling project, this home presents significant potential to enhance its value and make it your own.

Investment Analysis

(SY23 area)

Below Market Value

This property is priced -26.1% below area average per sq ft

-26.1%
Potential saving
This Property
£178/sq ft
Area Average
£241/sq ft
Avg Rent (weekly)
£291
Avg Yield
5.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£245,686
10% above area average per sq ft
Potential ROI
+0.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (SY23)

Area prices are falling by -2.5% over the last 12 months
3 year growth: -5.2%
5 year growth: +14.2%
Investment Disclaimer: Analysis based on SY23 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

Penmaesglas Road, Aberystwyth
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£584
Based on a loan of £123,750 over 30 years at 3.91% 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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