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Goginan, Aberystwyth, Ceredigion SY23

Wales

£80,000

Listed on 15/05/2026

Property Details

Bedrooms
2
Type
Cottage
Area
724 sqft

Description

Nestled in the scenic valley of Goginan, this two-bedroom property presents a promising opportunity for those seeking a renovation project. The ground floor features a spacious living room that flows into a side kitchen with direct access to the outdoors. Upstairs, you'll find two generously sized double bedrooms and a functional shower room. The property is complemented by a substantial garden that ascends towards the wooded area, offering potential to create a tranquil countryside retreat with sweeping views of the valley. Although the property requires significant refurbishment, its location just 7 miles from Aberystwyth provides easy access to local amenities, including Bronglais Hospital, Aberystwyth University, and schools, alongside proximity to the beautiful Ceredigion coastline. With creativity and vision, this residence could transform into an exceptional home or investment opportunity.

Investment Analysis

(SY23 area)

Below Market Value

This property is priced -54.1% below area average per sq ft

-54.1%
Potential saving
This Property
£110/sq ft
Area Average
£241/sq ft
Avg Rent (weekly)
£292
Avg Yield
5.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£191,773
10% above area average per sq ft
Potential ROI
+59.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (SY23)

Area prices are stable by -1.4% over the last 12 months
3 year growth: -5.1%
5 year growth: +12.8%
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

Goginan, Aberystwyth, Ceredigion SY23
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£285
Based on a loan of £60,000 over 30 years at 3.97% 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.

Stamp Duty Calculator

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