2-bedroom flat · SY23 2AZ
For saleReduced £15k (−7.7%) on 10 SepListed 1200 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A rare opportunity to purchase a ground floor flat, set in such a convenient and much sought-after location within the town.
We are delighted to have been favored with the instructions to offer for sale, this two-bedroom ground-floor flat, situated overlooking and adjacent to the promenade within Aberystwyth town.
This modern apartment offers well laid out accommodation to include a large Live-in-lounge kitchen, full gas-fired central heating and double glazing and benefits from communal use of the mainly lawned front garden, with views over the Promenade, Pier and Cardigan Bay Live in Lounge Kitchen : Double glazed window to front double and single radiator, base and wall units, 4 ring ceramic hob with filler hood over, electric oven.
Single bowl and drainer sink unit with mixer taps over, door to hallway and door into Bedroom Two: Double glazed rear entrance door, radiator and built-in storage cupboard From the lounge kitchen- door to: Hallway: Door to inner hallway and doors off to Office/Store: Radiator Bedroom One: Double glazed window to rear and radiator Inner Hallway: Radiator, double glazed rear entrance door to door: Shower Room: Radiator, tiled floor and tiled splashbacks, glazed and tiled shower cubicle, pedestal wash hand basin, low level flush WC, double glazed windows to side, 'ideal' gas central heating boiler Externally : To the front of the property is a mainly lawned communal garden area with sea and promenade views.
Access to the private main entrance door Direct pedestrian access to the rear
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Basement 20 Marine Terrace, Aberstwyth
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