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Tenby Road, Cardigan, Ceredigion SA43 - Image 1
Tenby Road, Cardigan, Ceredigion SA43 - Image 2
Tenby Road, Cardigan, Ceredigion SA43 - Image 3

Tenby Road, Cardigan, Ceredigion SA43

Wales

£240,000
Listed on 02/12/2025

Property Details

Bedrooms
5
Type
Detached house

Description

This versatile property presents a unique investment opportunity situated in a prime location with easy access to local amenities and services. The ground floor currently accommodates a two-bedroom apartment that, while functional, would benefit from some modernization. This space is ideal for individuals or families seeking ample living room. Above, the self-contained one-bedroom apartment features bright rooms and generous proportions, making it suitable for generating rental income or catering to multi-generational living arrangements. With relative ease and subject to planning permissions, this configuration could be reverted into a spacious single-family home. The property includes valuable off-road parking, mains gas central heating, double glazing, and an untapped garden area alongside a large balcony offering views of the town. Additionally, there is potential for expansion with a lapsed planning application for two extensions available for review.

Investment Analysis

(SA43 area)
Area Average
£240/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
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