An exciting and rare investment opportunity on the highly sought-after promenade of Aberystwyth!
Divided into four apartments, one studio apartment, and 3 1-bedroom apartments, with basement storage, stunning sea views, and a rear garden, this substantial property is already fully let, ready for investors.
Entering through the grand double door front entrance, the spacious communal entrance hallway leads to the stairs, first flat, and to the stairs leading to the basement.
With useful additional access from the street, the basement is currently divided into separate secure storage rooms for each apartment, as well as a laundry room for communal use.
To the ground floor, Flat 1 consists of a spacious studio room with a bay window to the front, a practical shower room, and a rear kitchen.
Walking up to the first floor, rear access leads to the secure garden area; a raised deck area with views to the side across the promenade to the sea.
On the first and second floors, Flats 2 and 3 both offer comfortable space, each boasting a spacious living area with characterful bay windows flooding the rooms with light, and providing gorgeous sea views. A separate double bedroom offers privacy, whilst a practical shower room and kitchen to the rear complete each apartment.
Finally, to the third floor, the final apartment offers a similar layout with sloping ceilings and dormer windows also boasting the stunning views.
Being fully let, the sale of this property and its freehold offers a highly desirable opportunity. Aberystwyth boasts a thriving town centre with established transport links, the highly esteemed Aberystwyth University, as well as several schools and Bronglais Hospital. With working professionals, students, and families all seeking rental accommodation, this makes it a highly demanded and safe investment area for any keen investors looking to expand or begin their portfolio.
Don't miss this opportunity for an established, ready-to-go investment in this stunning location.
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties’ personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £300.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.
Basement: Hallway 5.3m x 2.03m (max)
With external access to stairs below street level to front.
Laundry Room 3.23m x 2m (max)
Basement communal laundry room with wraparound work surfaces and front facing window.
Store Rooms 4 storage rooms divided up for use by each flat. Measurements unavailable.
Each accessible by a separate lockable door.
Open Cellar 2m x 2.4m
Rear open room for storage, with access to further stores (5'1" x 6'7").
Ground Floor: Communal Entrance Hall 1.78m x 5.23m (max)
Main entranceway with access to the basement stairs, upstairs, and to Flat 1.
Flat 1: Hallway 2.08m x 1.27m
Connecting the secure flat front door, bedroom, kitchen, and shower room.
Bedroom 3.3m x 3.66m (max)
Double bedroom with large front facing bay window.
Shower Room 1.75m x 1.57m
Including a walk-in shower, W.C., and wash basin.
Kitchen 3.58m x 1.52m
Rear kitchen with L-shaped base counters, including an integrated oven and sink unit.
First Floor: Landing 1.85m x 2.77m (max)
Stairwell and landing space with rear external access, and Flat 2 access.
Flat 2: Hallway 2.77m x 1.4m (max)
L-shaped hallway leading to the kitchen, shower room, bedroom, and living room.
Bedroom 3.07m x 2.24m
Double bedroom with front-facing window with sea views.
Living Room 3.05m x 3m (max)
L-shaped living room with large front bay window with sea views.
Shower Room 1.73m x 1.57m
Including a walk-in shower, W.C., and wash basin.
Kitchen 3.48m x 2.03m (max)
With a range of base units, including an integrated oven and hob, plus sink unit, boiler access, and a side facing window.
Second Floor: Landing 1.85m x 2.77m (max)
Stairwell and landing space with Flat 3 access.
Flat 3: Hallway 2.77m x 1.4m (max)
Bedroom 3.07m x 2.24m
Living Room 3.05m x 3m (max)
Shower Room 1.73m x 1.57m
Kitchen 3.48m x 2.03m (max)
Third Floor: Landing 2.7m x 1.88m (max)
Top of stairwell with access to Flat 4.
Flat 4: Hallway 2.16m x 1.5m (max)
L-shaped inner hallway connecting the kitchen, bedroom, living room, and shower room.
Bedroom 3.15m x 2.7m
Double bedroom with half sloped ceiling and front views.
Living Room 2.64m x 3.15m
With half sloped ceiling and front views.
Shower Room 1.5m x 1.57m
Including a walk-in shower, W.C., and wash basin.
Kitchen 3.53m x 2.3m (max)
With a range of base units, a built-in oven and hob, plus a sink unit under the rear facing window.
