Summary - 15 North Parade, ABERYSTWYTH SY23 2JH
3 bed 1 bath Shop
**Standout Features:**
- Three-bedroom Victorian commercial property with residential accommodation above
- Prime location in Aberystwyth’s bustling student neighborhood
- High ceilings and period charm with bay windows
- Potential for rental income of £27,600
- Excellent mobile signal and access to local amenities
**Concerns:**
- Leasehold with only 15 years remaining; mortgage lenders may be reluctant to finance
- High ground rent of £18,000
- Very high local crime rate and areas of deprivation may concern some buyers
Discover a unique investment opportunity in this classic Victorian commercial property located on North Parade in Aberystwyth. The property offers a spacious ground-floor retail space complemented by three sizable bedrooms and period features, including high ceilings and charming bay windows. With a potential rental income of £27,600, this property is ideal for savvy investors or those looking to enter the bustling student market.
However, it’s essential to consider the property's leasehold status, currently with just 15 years left, which may complicate financing options for potential buyers. Furthermore, the high ground rent and high local crime rate add layers of complexity to this investment. Located in a vibrant neighborhood with a variety of amenities at your doorstep, this property presents a blend of charming character and investment potential, perfect for someone willing to navigate the challenges ahead. Don't miss this opportunity – properties like this don’t last long on the market!
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