2-bedroom flat · SY23 2ER
Listing removedListed 123 days
Opportunity summary
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About
A well-presented second floor 2 Bedroomed flat with pleasant outlook over the town (EER tbc).
For Sale By Private Treaty A well-presented second floor 2 Bedroomed flat with pleasant outlook over the town.
23 llys yr hen ysgol North road aberystwyth ceredigion SY23 2ER This purpose-built block of flats is located near the town centre.
Llys yr Hen Ysgol has the benefit of a communal security controlled front entrance door, lift, parking to the rear together with guest bedroom, launderette and communal areas.
Occupancy is for persons age 60 or over. Aberystwyth is the largest town in Ceredigion and has a good range of both local and national retailers.
The town is also well blessed with social, leisure and educational facilities. Council Tax Band C Tenure Leasehold. 999-year lease. 36 years expired.
Service Charge £2410.48 per annum (£287 pcm) inclusive of water rates, building insurance, maintenance of building and common parts. Warden facilities and window cleaning.
Viewing No.23 provides for the following accommodation. All room dimensions are approximate. All images have been taken with a digital camera.
Second Floor Accommodation Entrance Door To Reception Hallway With wardrobe and storage cupboards. Intercom entry system and safety alarm.
Kitchen (1.65m x 3.45m (5'5 x 11'4)) Comprising single drainer sink unit with mixer tap. Base and eyelevel units with Bosch induction hob and microwave.
Wall mounted gas fire central heating boiler, radiator and tiled floor. Window to fore with views over the town.
Living Room (4.45m x 3.53m (14'7 x 11'7)) Front window with views over the town, side window and radiator. Bedroom 1 (2.92m x 4.37m (9'7 x 14'4)) With window to fore and views over the town. Radiator.
Bedroom 2 (2.67m x 2.06m (8'9 x 6'9)) With window to side and radiator. Showeroom (1.75m x 1.68m (5'9 x 5'6)) Comprising easy access shower, WC and wash hand basin.
Medicine cabinet, extractor fan, splashback, towel rail and radiator.
Directions (What3Words///werbs.recover.lushly) On foot from the office bare left and then immediately right and proceed to the bottom of North Parade.
Proceed up Vaenor Street (to side of spar) and Llys Yr Hen Ysgol is directly in front of you.
Value & comps
No previous sales on record.
Returns
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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.
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About Flat 23, Llys Yr Hen Ysgol, Aberystwyth
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