1-bedroom house · SY23 1HX
Listing removedListed 352 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An opportunity to acquire a 5 year lease on a self-contained ground floor shop on Chalybeate Street.
Location The property is situated on Chalybeate Street, a main street leading to Great Darkgate Street.
As the largest town in Mid Wales Aberystwyth benefits from The Welsh Assembly Government Offices, The National Library Of Wales, Aberystwyth University, Bronglais Hospital, education in both English and Welsh mediums and public transport links out of Aberystwyth.
The property The property has easy access from street level and comprises of retail area, kitchenette and separate WC.
Lease The property is available on a new internal, repairing and insuring lease where the tenant would be responsible for business rates and all utility costs. Water rates only included.
Retail area Vinyl flooring. Electric storage heater. Door with shop window on either side. Kitchenette Vinyl flooring. Panel heater. Base units. Stainless steel sink with draining board. Water heater.
Storage cupboard. Toilet Vinyl flooring. White WC. White sink. Services Heating| Electric Heating EPC| 91(D) Electric| Mains Water| Mains Sewerage| Mains Telephone| BT Rent| £9,000 p.a.
Business Rates| £4,600 (2023-present) Viewings All viewings will be accompanied and are strictly by prior arrangement through Philip Evans Estates.
Money laundering regulations Any intending purchasers will be required to produce identification to prove their identity within the terms of the Money Laundering Regulations.
This may include a copy of your passport/ photo driving license and a recent utility bill. Philip Evans Estates will also require sight of proof of funds .
Misrepresentation Philip Evans Estates for themselves and for the vendor of this property whose agents they are, give notice that (i) these particulars do not constitute any part of an offer or contract, (ii) all statements contained within these particulars are made without responsibility on the part of Philip Evans Estates or the vendor, (iii) whilst made in good faith, none of the statements contained within these particulars are to be relied upon as a statement or representation of fact, (iv) any intending purchasers must satisfy themselves by inspection or otherwise, as to the correctness of each of the statements contained within these particulars, (v) the vendor does not make or give either Philip Evans Estates or any person in their employment any authority to make or give representation or warranty whatsoever in relation to this property.
Philip Evans Estates have not tested any electrical wiring, plumbing/ drainage or any other appliances within the property.
Any reference within these sales particulars therefore does not constitute any indication as to their condition.
Value & comps
No previous sales on record.
Returns
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Short-let licence or registration needed
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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 20, Chalybeate Street, Aberystwyth
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