Modern Method of Auction
Auction date not yet published
4-bedroom detached house · SY23 1RZ
For saleListed 21 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in the prime location of Southgate is this substantial four-bedroom detached house which offers generous and versatile accommodation.
Occupying a spacious layout over two floors, the property is ideal for growing families or investors.
The ground floor briefly comprises of an entrance hall with staircase to the first floor, a spacious living room featuring a bay window, and a separate reception room providing an ideal family room, home office or additional sitting room.
A well-proportioned dining room adjoins the kitchen, creating an excellent space for entertaining and relaxing, while the kitchen offers further practical space.
A large storeroom provides excellent storage potential or scope for a workshop, hobby room or utility area.
To the first floor, the landing leads to four bedrooms, including two particularly generous double bedrooms and two further well-sized bedrooms suitable for family accommodation or home working.
The family bathroom serves all bedrooms and is centrally positioned on the first floor.
The property's spacious room proportions and flexible layout present an excellent opportunity for a family purchaser to personalise and further enhance the accommodation or alternatively the generous plot, vast parking area and unrivalled location make the property ideal for further development (with the correct planning in place).
The substantial internal footprint, combined with the versatile reception rooms and useful storage areas, make this an attractive and practical choice.
Located within the popular Southgate area of Aberystwyth which is within easy reach of the town centre and its wide range of amenities.
The property is well positioned for access to a variety of everyday conveniences including supermarkets, independent shops, cafés, restaurants and leisure facilities.
The town is home to Aberystwyth University and Bronglais hospital, both significant local employers, while a selection of primary and secondary schools can be found nearby, this is an opportunity not to be missed.
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period").
Interested parties’ personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.
This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00.
These services are optional.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Southgate Stores,, Southgate, Ceredigion
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