Summary - 38, Feidrfair SA43 1EB
4 bed 1 bath Terraced
Chain-free period townhouse — income-ready but compact and in need of thermal upgrades.
Chain free freehold terrace, currently a holiday let
A compact, three-storey mid-terrace in central Cardigan, offered freehold and chain free — currently operating as a holiday let. The property’s layout provides four bedrooms across 906 sq ft and a small private courtyard, making it immediately lettable to holidaymakers or longer-term tenants.
Practical features include gas central heating, double glazing and a modern fitted kitchen, so day-to-day running is straightforward. The town-centre location puts shops, eateries and the seafront a short walk away, supporting strong seasonal demand for short‑term lets.
There are important constraints to note for buyers. The house is small and the single bathroom serves four bedrooms, which limits full‑time family use or higher-occupancy lets. The granite/whinstone walls appear uninsulated, so energy performance and heating costs may be sub‑optimal despite double glazing. The property sits in an area classified as very deprived with above‑average crime levels — factors that can affect rental rates, yield stability and long‑term capital growth.
Overall this is a practical, low-entry investment or town‑centre home for someone comfortable managing a compact, period terraced property. The chain‑free status and holiday‑let history mean it can produce income quickly, but buyers should budget for insulation upgrades and consider the single-bathroom layout when planning tenant mixes or refurbishment.
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