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See how verdicts workStudio flat · SY23 1PY
For saleListed 539 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A versatile mixed-use property in a prime town centre location; a rare and exceptional income/development opportunity.
On the ground floor the established commercial unit is currently let as a Welsh bookshop.
With large wraparound windows, the unit has a vibrant presence in the town, though also has scope for conversion to residential.
Out the back of the shop is access to a large cellar and to an outbuilding.
To the rear of the property, this outbuilding is currently used as storage, but provides space aplenty for further development or expansion.
Accessed through the rear shop storage, or via their own on street entrance, this property also has stairs leading to two self-contained studio flats.
Both currently rented out, these private yet well-situated units generate a steady income. Both have an open plan kitchen and living space, practical shower rooms, and double bedrooms.
Whether this property is kept as an investment opportunity, converted for residential use, or further developed, it has scope for any number of uses.
Central to the coastal town of Aberystwyth, this property benefits from a sought-after location with nearby schools, hospital, university, train station and is a popular tourist hot-spot.
Benefitting from high footfall, whilst keeping the residential units private and secure, this property is the perfect opportunity for developers and investors alike.
Entrance Hall Max 6.32m x max 1.9m - Entrance hall from street access, with access to rear hallway of commercial unit and stairs leading to both flat entrances. Access to fuse box.
Commercial Unit Max 5.38m x max 8.03m - Ground floor unit currently let out as a bookshop.
Hallway Max 2.36m x max 3.7m - Ground floor passage (currently used as storage for bookshop) allowing access to entrance hall, commercial unit, and to rear passage leading to outbuilding.
Also access down to cellar (currently unused). Outside Passage Outdoors passage from hallway to rear of commercial unit, leading to outbuilding.
Outbuilding Room 1 Max 1.4m x max 1.6m - Entrance room to outbuilding from outside passage. Contains sink unit. Access to WC and outbuilding room 2.
Outbuilding WC Max 1.88m x max 1.6m - WC for outbuilding containing toilet and sink. Outbuilding Room 2 Max 2m x max 3.45m - Main room of outbuilding currently used for storage.
Stair access to upstairs room 3 and access via outbuilding room 1. Outbuilding Room 3 (3.58m x 3.78m) Upstairs converted loft of outbuilding with high pitched ceiling. Currently used for storage.
Landing Max 6.32m x max 2.54m - Landing split over 4 levels providing access to both flats. Leading up from Entrance Hall.
First Floor Flat Entrance Hall (2.3m x 1.14m) Entrance hall from first floor landing into flat with access to rest of flat rooms.
First Floor Flat Bedroom Max 4.11m x max 3.28m - Double bedroom of first floor flat. Boiler access. First Floor Flat Shower Room (1.42m x 2.77m) Shower room of first floor flat.
Top Floor Flat Entrance Room (2.13m x 1.7m) Entrance hall for access to rest of flat on top floor. Top Floor Flat Shower Room (2.06m x 1.4m) Shower room of top floor flat.
Top Floor Flat Bedroom Max 3.7m x max 2.57m - Double bedroom of top floor flat.
Top Floor Flat Kitchen/Living Room (3.96m x 5.1m) Open plan kitchen and living room with base counters and half way separating spaces.
Mfirst Floor Flat Kitchen/Living Room Max 3.66m x max 4.9m - Open plan living room and kitchen with both eye level and base counters.
Value & comps
No previous sales on record.
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 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 13, Bridge Street, Ceredigion
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