Summary - FLAT 1, 21 CUSTOM HOUSE STREET, ABERYSTWYTH, ABERYSTWYTH SY23 1JR
4 bed 2 bath Residential Development
**Standout Features:**
- Freehold residential development with three self-contained flats.
- Prime location close to Aberystwyth Castle, Marina, and South Beach.
- Recently modernized 3-bedroom maisonette ready for immediate occupancy.
- Strong rental income potential: £450 for the basement, £600 for the ground floor, and £1,000 for the maisonette per month.
- Enclosed garden space with access from the basement flat.
**Potential Concerns:**
- Properties constructed before 1900 may require ongoing maintenance.
- Electric storage heating could lead to higher utility costs.
- High local crime rate may be a concern for some buyers.
This well-located investment property in Aberystwyth offers an excellent opportunity for both seasoned investors and first-time buyers looking for rental prospects. Featuring a recently renovated, spacious 3-bedroom maisonette alongside basement and ground floor one-bedroom flats, the property promises substantial income potential and versatility. Boasting a vibrant location near coastal amenities and historical sites, this residential development is not just a home but a gateway to the lively Aberystwyth lifestyle.
While the property has been thoughtfully updated, buyers should consider the potential maintenance associated with its historic construction. However, the freehold nature of the development allows for future renovations or expansions, providing even greater value. Don’t miss this chance to own a piece of Aberystwyth’s charm—properties like this are rare in a market where demand continues to rise.
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