Town-centre location, shops and eateries on your doorstep
A compact one-bedroom first-floor flat positioned in the heart of Cardigan, minutes from shops, pubs and eateries. The layout includes an open-plan kitchen/living area, double bedroom and shower room, making efficient use of 334 sq ft for easy, low-maintenance living.
This leasehold home offers an exceptionally long lease (circa 967 years) and currently delivers a rental yield just under 12%, so it suits both first-time buyers seeking an affordable town-centre entry and investors after immediate income potential. Council tax is very low, helping keep running costs down.
Buyers should note practical drawbacks: heating is by electric room heaters, walls are likely solid brick with no insulation, and some decor and kitchen elements are dated and in need of updating. The wider area scores as very deprived with a higher local crime level — factors to weigh for owner-occupiers and tenants alike.
Overall this is a low-price, small-footprint property with clear potential for cosmetic improvement and steady rental income, best suited to purchasers prepared to accept a town-centre location and budget for minor upgrades.
