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See how verdicts work2-bedroom flat · SY23 1LX
SoldListed 418 daysAuction 24 Sep · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
For sale by Online Auction - 24th of September 2025. Spacious two bedroom first floor apartment in Aberystwyth town centre. No Service charges and only £10pa Ground Rent.
* Details in Legal pack* Flexible layout with home office potential and generous living space.
Ideal opportunity for investors as it is being sold with the current tenants in situ and currently generating £10,800 rent pa.
Description Right in the heart of Aberystwyth town centre, this roomy first-floor apartment is a great find.
It's got two bedrooms, gas central heating, and a super useful extra room that could be an office or dressing space. It's ideal for anyone looking for a solid investment.
Plus, it's being sold with tenants already in place hassle-free from the get-go!
ENTRANCE The property is accessed via a front door into a communal hallway, followed by a second internal door and a staircase leading up to the main accommodation.
HALLWAY (2.00m x 2.44m) A welcoming hallway with a window to the rear and wall-mounted fuse box and electric meter.
There is access to a handy storage cupboard and doors leading to the main living areas.
LOUNGE (3.81m x 4.96m) A spacious lounge area currently used as a double bedroom featuring a front-facing window, carpeted flooring, and built-in storage and power points.
OFFICE SPACE (1.79m x 2.44m) Accessed via an open archway from the lounge, this versatile space includes a small front-facing window and is ideal for use as a home office, dressing room, or additional storage area INNER HALLWAY (2.01m x 4.98m) A long inner hallway with loft access, radiator, and doors leading to the kitchen, bathroom, and remaining bedrooms.
KITCHEN (4.04m x 2.82m) Fitted with a range of base and eye-level units, this functional kitchen includes a built-in electric oven with a four-ring electric hob, a sink and a half with mixer tap, and plumbing for a washing machine.
There is also space for a fridge freezer, a storage cupboard, and two windowsone to the side and one to the rear providing plenty of natural light.
BATHROOM Located at the end of the hallway, the bathroom includes a rear-facing window, bath with overhead shower, hand wash basin, and toilet BEDROOM ONE (5.04m x 2.89m) A generous second bedroom situated at the end of the hallway, complete with a front-facing window and radiator.
BEDROOM TWO (4.03m x 2.58m) Spacious bedroom with a rear-facing window and radiator and power points. EXTERIOR The property boasts a rear garden offering a blank canvas for landscaping enthusiasts.
With a gently sloping layout, the space is currently cleared and ready for planting, entertaining, or creating a patio area. A stone wall borders one side, providing character.
While mature shrubs and greenery add natural appeal.
This garden presents a fantastic opportunity to design a functional space Tenure leasehold Legal Pack A legal pack is a collaboration of important documents of the property or land that is going to be sold at auction.
To review the legal pack, click the Legal Documents button at the bottom of this advert or visit tcpa.co.uk. Auction Information.
To view the auction information, click the Online Bidding button at the bottom of this advert or visit tcpa.co.uk.
UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 5% deposit and a 5%+VAT (subject to a minimum of £5,000+VAT) buyers premium and contracts are exchanged.
The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot.
The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).
Pre Auction Offers Are Considered The seller of this property may consider a pre-auction offer prior to the auction date.
All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer's Premium, and the deposit.
To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online.
To find out more information or to make a pre-auction offer please contact us.
Special Conditions Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion.
The legal pack is available to download free of charge under the LEGAL DOCUMENTS'.
Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.
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.
Short-let licence or registration needed
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 advisers 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 Flat 2, 1-2 Pound Place, Aberystwyth, Ceredigion, SY23 1LX
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