2-bedroom flat · SY23 1EE
For saleListed 266 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This very pleasant apartment is situated on the second floor of this popular development, which was converted from what was originally the Ardwyn School.
The apartment is well proportioned and is well maintained, centrally heated, double glazed and has some lovely views out over Aberystwyth and surrounding countryside.
Early viewing is strongly recommended for what would be either be a first time property or indeed an investment opportunity.
The accommodation comprises: Entrance door to Hallway which leads through to Sitting Room Kitchen; modern fitted kitchen with a range of base units, space for white goods and integrated electric oven with electric hob and extractor hood over.
Wall mounted Worcester gas boiler which provides for central heating and hot water.
Large Cathedral style window to front which gives lovely views over Llys Ardwyn development, Vicarage Fields and out to the Cambrian Coast.
2 Velux roof lights provide extra light and the vaulted ceiling gives an impression of space and airiness. Bedroom 1 with under eaves storage, leading to Bedroom 2 with under eaves storage.
Bathroom with white suite. Separate WC with wash hand basin. Designated parking space within close proximity to the apartment. Communal landscaped courtyard garden.
Tenure Leasehold - 999 years, 970 years unexpired. Quarterly service charge £200
Value & comps
No previous sales on record.
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 asking
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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
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FAQ
About 38 Llys Ardwyn,, Bryn Ardwyn, Ceredigion
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