Sold STC Flat

41 PORTLAND STREET

ABERYSTWYTH, CEREDIGION SY23 2DX

2 beds 1 baths 829 sq ft Listed 26 Oct 2016 (-3519d)

£85,000

Reduced on 8 Dec 2016

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# 2 bedroom flat for sale (SY23 2DX)

## Property Details

| Key | Value |
|-----|-------|
| Address | 41 PORTLAND STREET, ABERYSTWYTH, CEREDIGION SY23 2DX |
| Price | £85,000 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Construction age | England and Wales: before 1900 |
| Floor area | 77 m² |
| Last sold | £312,000 Apr 2010 |

## Description

Aberystwyth town centre, a Ground Floor apartment with 2 bedroom accommodation, full gas central heating and rear yard.  Excellent investment opportunity.  Immediate vacant possession.  EER = 57

**General Remarks & Situation** - The property is located a short walk from the town centre and within easy reach of the University and Hospital, Aberystwyth's main employers, with Aberystwyth's famous promenade also within easy walking distance.

This charming and vibrant town offers a wide range of business, shopping, cultural, and educational and leisure facilities, is the main Administrative centre for mid Wales together with its renowned University. There are excellent transport links via the A470 trunk road or the town's railway terminus.

**Accommodation** - Entrance door to

**Communal Entrance Hall** -

**Private Entrance Door To Apartment** -

**Hallway** -

**Bedroom 1** - 4.47m x 3.15m (14'8" x 10'4") - With bay window to front,  radiator

**Bedroom 2** - 2.91m x 2.71m (9'7" x 8'11") - Radiator

**Shower Room** - White suite comprising WC, radiator, pedestal wash basin, shower cubicle with mixer shower unit, shaver light/point

**Sitting Room** - 3.80m x 2.62m (12'6" x 8'7") - Radiator

**Kitchen** - 2.61m x 2.64m (8'7" x 8'8") - With a range of fitted base & eye level units, electric cooker point, stainless steel sink unit, radiator

**Rear Porch/Utility** - With wall mounted gas boiler, which provides for central heating and domestic hot water, radiator, plumbing for washing machine

**Externally** - Enclosed rear yard with garden outhouses

**Tenure** - Leasehold - 999 year lease

**Services** - All mains services are connected to the property.  Gas central heating.   None of the services, appliances, central heating system, chimneys flues & fireplaces have been checked and no warranty is given by the agents

**Outgoings** - Council Tax Band (C)

**Negotiations** - All interested parties are respectfully requested to negotiate direct with the Selling Agents.

**Viewings** - Strictly by appointment through the Selling Agents Aberystwyth office 01970 625020

**Directions** - From our Aberystwyth office, follow the road towards the high street crossing over to Terrace Road, proceeding down the road towards the sea front Portland Street is the second turning on the right hand side, the property can be found on the right hand side.

**Energy Performance Certificate** - A full copy of the EPC is available on request or by following the link below:

Public EPC URL:

https://www.epcregister.com/direct/report/2038-3950-6210-5216-6920

**Website** - To view a complete listing of properties available For Sale or To Let please view our website www.morrismarshall.co.uk. Our site enables you to print full sales/rental particulars, book viewings, register your requirements on our mailing list and arrange a valuation of your property.

**Ref:** - Aberystwyth Office, 01970 625020

Ref: A16.93  Date: 18.10.16

**Mmp Survey Department** - If you don't find the home of your dreams through Morris Marshall & Poole then why not let our qualified surveyors inspect and report on the home you have found before you complete the purchase.

We are able to undertake RICS HomeBuyer Reports and RICS Condition Reports that will provide you with a comment on any significant defects or repair items. For further information contact any of our offices.

## Property Photos

- ![Photo](/listings/photos/56691880/368780)
- ![Photo](/listings/photos/56691880/368781)
- ![Photo](/listings/photos/56691880/368782)
- ![Photo](/listings/photos/56691880/368783)

## EPC Graphs

- ![EPC 1](/listings/photos/56691880/368784) - EPC 1

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 41 PORTLAND STREET, ABERYSTWYTH, CEREDIGION, SY23 2DX | £312,000 | 16/04/2010 | Terraced |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| LLYS Y BRENIN FLAT 8 TERRACE ROAD, ABERYSTWYTH, CEREDIGION, SY23 2AP | £198,000 | 12/12/2025 | Flat |
| ST. JOHNS FLATS 3 QUEENS ROAD, ABERYSTWYTH, CEREDIGION, SY23 2HW | £155,000 | 30/06/2023 | Flat |
| 41 FLAT 3 PORTLAND STREET, ABERYSTWYTH, CEREDIGION, SY23 2DX | £72,500 | 15/05/2023 | Flat |
| 41 FLAT 4 PORTLAND STREET, ABERYSTWYTH, CEREDIGION, SY23 2DX | £164,000 | 11/11/2022 | Flat |
| DORSET HOUSE, 6 FLAT 1 ALFRED PLACE, ABERYSTWYTH, CEREDIGION, SY23 2BS | £145,000 | 08/09/2022 | Flat |
| LLYS Y BRENIN FLAT 21 TERRACE ROAD, ABERYSTWYTH, CEREDIGION, SY23 2AP | £212,000 | 05/08/2022 | Flat |
| LLYS Y BRENIN FLAT 19 TERRACE ROAD, ABERYSTWYTH, CEREDIGION, SY23 2AP | £166,000 | 11/07/2022 | Flat |
| 41 FLAT 1 PORTLAND STREET, ABERYSTWYTH, CEREDIGION, SY23 2DX | £120,000 | 01/10/2021 | Flat |
| 35 FLAT 2 PORTLAND STREET, ABERYSTWYTH, CEREDIGION, SY23 2DX | £155,000 | 30/07/2021 | Flat |
| LLYS Y BRENIN FLAT 14 TERRACE ROAD, ABERYSTWYTH, CEREDIGION, SY23 2AP | £180,000 | 24/06/2021 | Flat |

**Area average:** £156,750 (10 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £217,889 (9 Flat, SY23, 2024–2026)
- **Deviation:** -61%

## Rental Range

*ONS Price Index of Private Rents (Ceredigion). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £638/mo
- **Realistic:** £709/mo
- **Optimistic:** £780/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 2 Bed Detached House, King Street, SY23 | £950/mo | 2 | 0.22 miles | OpenRent |

**Average rent: £950/mo (1 listing)**

## 1% Rule

- **Rent ratio:** 1.12% (strong)
- **Max investor price (0.8%):** £118,750
- **Target investor price (1%):** £95,000

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £950/mo).*

- **Gross yield:** 13.4%
- **Cost-to-rent:** 7.5×
- **Monthly cashflow:** £495/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 24.1%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Price per Square Metre

- **£/m²:** £1,104/m²

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** 55.5%
- **10y growth:** 95.1%

## House Price Index (HM Land Registry)

*Official index for Ceredigion; Flats and maisonettes series; as of March 2026.*

- **1y growth (index):** 2%
- **5y growth (index):** 11%
- **10y growth (index):** 30.9%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

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Property details

Floor area

77 m²

Year built

England and Wales: before 1900

Last sold

£312,000 Apr 2010

Price per m²

£1,104/m²

Local average

£217,889 (-61%)

Street crime

122 incidents within 1 mile (Apr 2026)

Key features

Aberystwyth town centre
Ground Floor apartment
2 bedroom accommodation
Gas central heating
Rear yard
Excellent investment opportunity
Immediate vacant possession
EER = 57

Additional details

Garden: Yes

Description

Aberystwyth town centre, a Ground Floor apartment with 2 bedroom accommodation, full gas central heating and rear yard. Excellent investment opportunity. Immediate vacant possession. EER = 57

General Remarks & Situation - The property is located a short walk from the town centre and within easy reach of the University and Hospital, Aberystwyth's main employers, with Aberystwyth's famous promenade also within easy walking distance.

This charming and vibrant town offers a wide range of business, shopping, cultural, and educational and leisure facilities, is the main Administrative centre for mid Wales together with its renowned University. There are excellent transport links via the A470 trunk road or the town's railway terminus.

Accommodation - Entrance door to

Communal Entrance Hall -

Private Entrance Door To Apartment -

Hallway -

Bedroom 1 - 4.47m x 3.15m (14'8" x 10'4") - With bay window to front, radiator

Bedroom 2 - 2.91m x 2.71m (9'7" x 8'11") - Radiator

Shower Room - White suite comprising WC, radiator, pedestal wash basin, shower cubicle with mixer shower unit, shaver light/point

Sitting Room - 3.80m x 2.62m (12'6" x 8'7") - Radiator

Kitchen - 2.61m x 2.64m (8'7" x 8'8") - With a range of fitted base & eye level units, electric cooker point, stainless steel sink unit, radiator

Rear Porch/Utility - With wall mounted gas boiler, which provides for central heating and domestic hot water, radiator, plumbing for washing machine

Externally - Enclosed rear yard with garden outhouses

Tenure - Leasehold - 999 year lease

Services - All mains services are connected to the property. Gas central heating. None of the services, appliances, central heating system, chimneys flues & fireplaces have been checked and no warranty is given by the agents

Outgoings - Council Tax Band (C)

Negotiations - All interested parties are respectfully requested to negotiate direct with the Selling Agents.

Viewings - Strictly by appointment through the Selling Agents Aberystwyth office 01970 625020

Directions - From our Aberystwyth office, follow the road towards the high street crossing over to Terrace Road, proceeding down the road towards the sea front Portland Street is the second turning on the right hand side, the property can be found on the right hand side.

Energy Performance Certificate - A full copy of the EPC is available on request or by following the link below:
Public EPC URL:
https://www.epcregister.com/direct/report/2038-3950-6210-5216-6920

Website - To view a complete listing of properties available For Sale or To Let please view our website www.morrismarshall.co.uk. Our site enables you to print full sales/rental particulars, book viewings, register your requirements on our mailing list and arrange a valuation of your property.

Ref: - Aberystwyth Office, 01970 625020
Ref: A16.93 Date: 18.10.16

Mmp Survey Department - If you don't find the home of your dreams through Morris Marshall & Poole then why not let our qualified surveyors inspect and report on the home you have found before you complete the purchase.
We are able to undertake RICS HomeBuyer Reports and RICS Condition Reports that will provide you with a comment on any significant defects or repair items. For further information contact any of our offices.

Listed by

Aberystwyth

Morris Marshall & Poole

Reference: 56691880

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Flood risk

Zone: 1

Risk: Low

Job (default Low)

EPC Graphs

EPC 1

Price history

Event	Date	Price	% change
Sold	16/04/2010 (16 years ago)	£312,000	—

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address	Price	Date	Type
LLYS Y BRENIN FLAT 8 TERRACE ROAD, ABERYSTWYTH, CEREDIGION, SY23 2AP	£198,000	12/12/2025	Flat
ST. JOHNS FLATS 3 QUEENS ROAD, ABERYSTWYTH, CEREDIGION, SY23 2HW	£155,000	30/06/2023	Flat
41 FLAT 3 PORTLAND STREET, ABERYSTWYTH, CEREDIGION, SY23 2DX	£72,500	15/05/2023	Flat
41 FLAT 4 PORTLAND STREET, ABERYSTWYTH, CEREDIGION, SY23 2DX	£164,000	11/11/2022	Flat
DORSET HOUSE, 6 FLAT 1 ALFRED PLACE, ABERYSTWYTH, CEREDIGION, SY23 2BS	£145,000	08/09/2022	Flat
LLYS Y BRENIN FLAT 21 TERRACE ROAD, ABERYSTWYTH, CEREDIGION, SY23 2AP	£212,000	05/08/2022	Flat
LLYS Y BRENIN FLAT 19 TERRACE ROAD, ABERYSTWYTH, CEREDIGION, SY23 2AP	£166,000	11/07/2022	Flat
41 FLAT 1 PORTLAND STREET, ABERYSTWYTH, CEREDIGION, SY23 2DX	£120,000	01/10/2021	Flat
35 FLAT 2 PORTLAND STREET, ABERYSTWYTH, CEREDIGION, SY23 2DX	£155,000	30/07/2021	Flat
LLYS Y BRENIN FLAT 14 TERRACE ROAD, ABERYSTWYTH, CEREDIGION, SY23 2AP	£180,000	24/06/2021	Flat

Area average: £156,750 (10 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 55.5%

10y growth 95.1%

House Price Index (HM Land Registry — official index, not sold-price averages): Ceredigion. Series: Flats and maisonettes. As of March 2026.

1y (index) 2%

5y (index) 11%

10y (index) 30.9%

Rental Range

Estimated market rent for Ceredigion. Low = conservative, Realistic = average, Optimistic = best case.

Low £638/mo

Realistic £709/mo

Optimistic £780/mo

Based on Local Authority from postcode lookup → Ceredigion.

Location

Map view View on Google Maps View on OpenStreetMap Street View SY23 2DX

Nearby

Nearest stations, universities and amenities (distance from property).

Type	Name	Distance
Shop	Family Shopper	0.1 miles
Shop	Clive	0.1 miles
Bus stop	Bath Street	0.1 miles
Bus stop	North Parade	0.1 miles
University	The Workstation	0.2 miles
Train station	Aberystwyth	0.2 miles
University	Old College	0.3 miles
Train station	Vale of Rheidol	0.4 miles
Hospital	Ysbyty Bronglais / Bronglais Hospital	0.5 miles
Hospital	Tywyn Hospital	11.6 miles

Street-level crime

Category	Count
Violence and sexual offences	49
Anti-social behaviour	13
Drugs	13
Public order	12
Other theft	10
Shoplifting	8
Criminal damage and arson	6
Burglary	4
Possession of weapons	4
Other crime	2
Vehicle crime	1
Total incidents	122

Within 1 mile during Apr 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name	Type	Distance	Ofsted
Ysgol Padarn Sant	Other	0.4 miles	— (No rating)
Ysgol Plascrug	Other	0.6 miles	— (No rating)
Yr Ysgol Gymraeg	Other	0.7 miles	— (No rating)
Ysgol Gyfun Penweddig	Other	0.8 miles	— (No rating)
Ysgol Penglais	Other	1.0 miles	— (No rating)

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title	Rent	Beds	Distance	As seen on
2 Bed Detached House, King Street, SY23	£950/mo	2	0.22 miles	OpenRent

Average rent: £950/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 1.12%

Max investor price (0.8%) £118,750

Target investor price (1%) £95,000

Gross yield 13.4%

Cost-to-rent ratio 7.5×

Monthly cashflow £495/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI 24.1%

Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
Gross yield — Annual rent as % of purchase price (no costs).
Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).

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