Mixed-use lot with immediate income and scope for rental uplift.
Prominent Eastgate town-centre position with high footfall
Positioned on Aberystwyth's busy Eastgate, this Georgian mixed-use property combines a ground-floor retail unit with two one-bedroom flats above, offering immediate rental income and central town visibility. The retail frontage benefits from large display windows and a traditional shopfront; flats share a communal entrance and each provide a double bedroom, bathroom and open-plan living/kitchen.
Estimated to generate in excess of £21,000 per annum, the building presents short-term income with clear upside from refreshed tenancies or light refurbishment. The retail space includes back stores, WC and a basement, useful for operational storage. Tenure is advised freehold (buyer to verify), and the lot will be offered at online auction, which can suit investors seeking a relatively quick purchase route.
Buyers should weigh local market dynamics: the location is in a cosmopolitan student neighbourhood with very high crime and very high area deprivation, which can mean higher tenant turnover and management needs. The plot is small and the property may need cosmetic updating to maximise rents. Flood risk is low and transport links are strong, with the railway station nearby.
This is a core central high-street investment suitable for an investor comfortable with student-area lettings and hands-on property management. Verify rental figures, leases and title details with your solicitor before bidding.