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Marine Terrace, Aberystwyth SY23 - Image 1
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Marine Terrace, Aberystwyth SY23

Wales

£425,000

Listed on 19/05/2026

Property Details

Bedrooms
5
Type
Terraced

Description

Located in a sought-after coastal area, this investment property comprises four residential flats and a ground floor takeaway restaurant. Each flat features distinct layouts, with ample natural light and bay windows that enhance their appeal. The takeaway kitchen is equipped with essential appliances but requires modern upgrades to meet current standards. All units are accessed from both the promenade and a rear lane, providing convenience for residents and customers alike. This property presents significant renovation potential to enhance living conditions and attract higher rental yields. With contemporary updates, the flats could be transformed into desirable rental homes in a prime location, while the restaurant space can be revitalized for improved functionality and customer experience.

Investment Analysis

(SY23 area)
Area Average
£239/sq ft
Avg Rent (weekly)
£252
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (SY23)

Area prices are stable by +1.8% over the last 12 months
3 year growth: -3.7%
5 year growth: +14.5%
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

Marine Terrace, Aberystwyth SY23
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,606
Based on a loan of £318,750 over 30 years at 4.45% 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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