# 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 |
| 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).*

## 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)