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See how verdicts work2-bedroom flat · SY23 1DB
Sold STCListed 368 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Warden controlled purpose built retirement flat being one of the larger and lighter two bedroomed flats, situated on the third floor of the highly sought after Gerddi Rheidol complex.
This well presented flat offers a spacious Lounge/Diner with pleasant aspect over Trefechan, whilst the complex itself provides a range of practical communal facilities such as laundry room, guest suite, library, pleasant gardens and parking.
The location offers a quiet environment with good access (over the millennium footbridge) to the town centre, and is on the proverbial doorstep of the Y Lanfa marina complex.
**No Onward Chain** Situation Situated in Trefechan, Gerddi Rheidol is a superb and highly regarded retirement complex of increasing popularity, providing a peaceful and retiring environment, whilst the busy streets of Aberystwyth lies just across the Rheidol river.
Trefechan offers reasonable local amenities and facilities such as a regular bus service and for the sea lover there is the towns marina plus access to Tan y Bwlch beach.
Aberystwyth is a major university centre situated within stunning coastal, woodland and mountain scenery.
It also boasts a range of excellent facilities such as independent shops, cafes and restaurants, retail parks, general hospital, the National Library of Wales and the excellent Arts Centre on the university campus.
Construction Constructed 1989, the building is impressive, built of brick walls under a tiled roof. Windows are of PVCu grained wood effect and double glazed.
The property can be found in excellent condition having been tastefully decorated throughout.
Third floor Accommodation Comprises The flat is entered off communal landing with door to:- L shaped Hall Wall mounted storage heater. Double power point. Ceiling mounted smoke detector.
Wall intercom system with personal alarm. Communicating light colonist doors off to: Walk In Store - 7'4" (2.24m) x 4'3" (1.3m) Range of fitted shelving and light.
Bathroom - 7'10" (2.39m) x 6'9" (2.06m) Suite comprising pedestal wash hand basin with courtesy light/shaver unit over, low flush w/c and panelled bath having fitted electric shower over.
Full ceramic wall tiling to bath and shower area. Vent Axia automatic extractor fan. Airing / Store cupboard housing foam lagged hot water cylinder.
Kitchen - 10'5" (3.18m) x 8'9" (2.67m) Double glazed PVCu window to rear elevation. Range of base and eye level units with fitted work surfaces. Space suitable for free standing electric cooker.
Single bowl, single drainer stainless steel sink unit with mixer tap over. Range of power points. Space for under unit refrigerator. Wall mounted storage heater.
Bedroom - 10'1" (3.07m) x 11'9" (3.58m) Double glazed PVCu window to rear elevation. Wall mounted storage heater. Range of power points.
Bedroom - 18'1" (5.51m) Min x 13'1" (3.99m) (Currently utilised as Ding Room). Double glazed PVCu window to side elevation. Range of power points. Wall mounted storage heater.
Sitting Room - 10'2" (3.1m) x 10'1" (3.07m) Double glazed PVCu window to side elevation and further double glazed PVCu window to rear elevation. Wall mounted storage heater. Range of power points.
Telephone point subject to BT regulations. TV point. Outside Parking for one vehicle. Communal gardens Tenure Leasehold.
999 years from 1989 Service Charges Currently (Range) £189.33 to £210.13, reviewed annually to include warden services, building insurance, water rates, cleaning, lighting and heating of communal area/facilities, Maintenance of lift and alarm system, Services: Mains Electricity, Water and Drainage, Economy 7 Heating (low tariff) and telephone subject to BT terms and conditions.
Council Tax Band C Viewing Infomration For Further Details Apply lloyd, herbert & jones who will be pleased to arrange viewing.
Important Information Whilst we endeavour to make our sales details accurate and reliable they should not be relied on as statements or representations of fact and do not constitute any part of an offer or contract.
The seller does not make or give nor do we or our employees have the authority to make or give any representation or warranty in relation to the property.
Please contact the office before viewing the property.
If there is any point which is of particular importance to you we will be pleased to check the information for you and to confirm that the property remains available.
This is particularly important if you are contemplating travelling some distance to view the property.
We would strongly recommend that all the information which we provide about the property is verified by yourself on inspection and also by your conveyancer, especially where statements have been made by us to the effect that the information provided has not been verified.
Lloyd herbert & jones have not tested any electrical wiring, plumbing, drainage or other appliances.
The mention of any appliances and or services within these sales particulars does not imply that they are in full and efficient working order Anti Money Laundering The successful purchaser will be required to produce adequate identification to prove their identity within the terms of the Money Laundering Regulations.
Appropriate examples include: Passport/Photo Driving Licence and a recent Utility Bill. Proof of funds will also be required, or if a mortgage is required a copy of a mortgage decision in principal.
The successful purchaser(s) will be charged £20 including vat, per person for digital aml verification. We appreciate your cooperation to avoid any delays in finalising the sale.
Notice Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items.
All measurements are approximate and photographs provided for guidance only.
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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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.
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FAQ
About 32, Gerddi Rheidol, Aberystwyth
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