Summary - Flat 1, 47-49 Great Darkgate Street SY23 1DW
9 bed 2 bath Commercial Property
Large mixed-use building with nine bedrooms and substantial retail frontage..
Prime town-centre corner location with strong pedestrian visibility
A substantial mixed-use building in the heart of Aberystwyth, offering a large ground-floor commercial unit with prominent shop frontage and nine-bedroom residential accommodation above. The corner position at the top of Great Darkgate Street ensures excellent pedestrian visibility and immediate access to town-centre retail, cafés and the university — a location that historically attracts strong student rental demand.
The ground floor provides flexible space (approx. 51'4" x 40'6") suitable for retail, restaurant or subdivision into two units, increasing income potential. Upper floors currently form flats with two kitchens and three bathrooms; the room sizes and layout are consistent with HMO/student letting, making this attractive to investors seeking multiple-let income streams.
Important considerations are straightforward: the building is pre-1900 construction and likely has uninsulated solid stone walls, so refurbishment to modern standards will be needed. Some works are anticipated to refresh finishes, services and potentially reconfigure layouts. The property is sold freehold by online auction — prospective buyers should allow for auction timings, deposit requirements and buying without lengthy vendor negotiations.
This is primarily an investor opportunity: strong rental catchment from Aberystwyth University and town footfall supports high lettings, but the setting is in a very deprived area with a high local crime score. Budget for refurbishment, compliance upgrades and active management to maximise rental value and minimise voids.
High street retail property for sale in Flat 1-2 & Retail Shop, 32 Eastgate, Aberystwyth, SY23 2AR, SY23 — £190,000 • 1 bed • 1 bath
Commercial property for sale in Eastgate, Aberystwyth, SY23 — £295,000 • 1 bed • 1 bath • 2367 ft²
End of terrace house for sale in Bridge Street, Aberystwyth, Ceredigion, SY23 — £300,000 • 1 bed • 1 bath • 431 ft²
High street retail property for sale in Eastgate, Aberystwyth, SY23 — £299,000 • 1 bed • 1 bath • 1100 ft²
2 bedroom flat for sale in Flat 2, 1-2 Pound Place, Aberystwyth, Ceredigion, SY23 1LX, SY23 — £109,000 • 2 bed • 1 bath • 802 ft²
Shop for sale in North Parade, Aberystwyth, SY23 — £45,000 • 3 bed • 1 bath • 1089 ft²
