2-bedroom flat · SY23 2ER
Listing removedListed 303 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A ground floor two-bedroom retirement apartment conveniently situated within Aberystwyth.
The property is presented in excellent decorative order throughout and benefits from double-glazed windows and full independent gas-fired central heating.
The accommodation includes a modern shower room with walk-in shower area and contemporary vanity WC and wash hand basin.
The apartment forms part of a well-maintained, purpose-built block of flats overlooking the town and benefits from warden assistance, communal security-controlled entrance doors, lift access to the upper floors, residents’ parking, guest bedroom facilities, launderette and pleasant communal outdoor spaces.
There is a friendly and supportive community atmosphere within the building. Occupancy is restricted to persons aged 60 years and over.
The property is conveniently located along North Road, within Aberystwyth town, and is within walking distance of the wide range of amenities the town has to offer.
Aberystwyth is a vibrant coastal town renowned for its excellent shopping facilities, cafés, restaurants and social venues, together with a picturesque promenade adjoining the beautiful Cardigan Bay coastline.
The town is also home to the National Library of Wales, Bronglais General Hospital and the main railway station, providing convenient rail links to North Wales, Shropshire, the Midlands and beyond.
Accommodation – of approximate dimensions: Security controlled communal Main Entrance Door into: Communal hallway Elevator and stair access to the upper floors of the building Allowing easy access to the various shared facilities available within the building, double glazed rear entrance door leading to communal car parking area.
Main Entrance Door into: Hallway Storage cupboard and further shelved linen in a cupboard and doors leading off to: Living room 18’7 x 9’6 Double glazed window to front with views over Aberystwyth town, double radiator and coved ceiling.
Kitchen 10’9 x 5’5 Double glazed window to front again with views over Aberystwyth town, radiator, base and wall units, ‘Worcester’ gas fired central heating boiler, single bowl and drainer sink unit with mixer taps over, appliance spaces, electric cooker point with filter hood over.
Bedroom one 12’7 x 8’8 double glazed window to front again with views over Aberystwyth town and radiator. Bedroom two 7’11 x 6’1 minimum dimensions Double glazed window to side and radiator.
Shower room 8’3 x 5’4 Radiator, vanity unit housing the WC and wash hand basin, double glazed window to rear, walk in shower cubicle with ‘Triton’ shower, tiled splashbacks and extractor fan.
Externally As previously stated, there are various communal external areas and resident’s car parking facilities.
Agents comments This beautifully presented retirement apartment occupies an exceptionally convenient position within this popular and highly sought-after development.
Properties of this quality and location are rarely available for long, and we strongly recommend arranging a viewing at your earliest opportunity. Tenure We are advised that the property is Leasehold.
We are awaiting a copy of the Lease from our client; however we are advised that a 999-year lease was initially granted with approximately 35 years expired.
We are further advised that the current Service charge is circa £205.17 per calendar month, which includes water rates, the maintenance of the main building and common parts, building insurance, the Warden services and cleaning of common parts and Windows.
Please note that This information is awaiting verification. Services We are advised that Mains Electricity, Gas, Water and Drainage is connected to the property.
Viewing Strictly by appointment with Ystadau Hiwse Estates.
What3Words: ///hammocks.rejoined.jacket council tax We are advised that the property is rated as Council Tax Band C proof of funding We will require evidence of funding prior to formally accepting an offer for this property (subject to contract).
Money laundering Money Laundering Regulations of 2017 dictate that prospective purchasers produce acceptable forms of id.
Acceptable examples of identification include passport, recent utility bill, photographic driving licence etc. General All measurements are approximate and given as a guide only.
Any services or appliances which are listed on these sale particulars have not been tested.
We endeavour to make our sales details accurate and reliable but they should not be relied on as statements or representations of fact and they do not constitute any part of an offer or contract.
The seller does not make any representation to give any warranty in relation to the property and we have no authority to do so on behalf of the seller.
Any information given by us in these details or otherwise is given without responsibility on our part.
Services, fittings and equipment referred to in the sales details have not been tested (unless otherwise stated) and no warranty can be given as to their condition.
We strongly recommend that all the information which we provide about the property is verified by yourself or your advisers. Please contact us before viewing the property.
If there is any point of particular importance to you we will be pleased to provide additional information or to make further enquiries. We will also confirm that the property remains available.
This is particularly important if you are contemplating travelling some distance to view the property.
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
Agent & docs
FAQ
About 1 Llys yr Hen Ysgol, North Road, Aberystwyth
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