£325,000
9 bed property for sale50 Great Darkgate Street, Aberystwyth SY23
9 beds
10 baths
10 receptions
Morgan & Davies
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About this property
**Attention Investors ! **Improvable proposition with 9 self contained apartments**Great income potential**Set within Aberystwyth town centre, the largest strategic town in Mid Wales**Popular student town with renowned university campus**Short walking distance to town centre amenities**Ideal for those seeking a refurbishment and investment project**Rarely do properties of this scale come onto the market**one of A kind opportunity in aberystwyth town centre ! **
The property is situated along Great Darkgate Street in Aberystwyth, opposite Starbucks and an immediate walking distance to the main town thoroughfare and neighbouring properties including Edinburgh Woollen Mill, Crew Clothing, Accessorize, Pound Land, New Look, Superdrug, Fat Face, Greggs and Costa Coffee. Aberystwyth town offers a good level of local and national amenities and services including university and supporting educational facilities, Welsh Government and Local Authority regional offices, retail parks, industrial estates, excellent public transport connectivity, network rail connections, regional hospital and the town being the main tourist destination along the Cardigan Bay coastline within Mid Wales
The property benefits from mains water, electricity, gas and drainage connection.
Council Tax Band - Flats 2-8 Band B / Flats 9 and 10 - Band A (Ceredigion County Council).
Tenure -
General
A rare opportunity of securing a building containing 9 self contained apartments with supporting laundry and office space, set within Aberystwyth town centre being an immediate walking distance to all town centre amenities.
The property is in need of sympathetic refurbishment with some apartments being better presented than others.
The property is situated along the main town thoroughfares.
The property comprises of 9 x 1 bed apartments with supporting living and kitchen and bathroom facilities.
The property is split as having two apartments on each floor with enclosed stairwell for fire regulations.
Mid Wales Growth Deal
Aberystwyth is a focus in the Mid Wales Growth Deal which plays a key role in tackling economic recovery and growth in the Mid Wales economy with the aim of supporting job creation and increasing productivity in the wider societal and environmental ambitions.
In December 2020 both the Welsh and UK Government confirmed 110 million growth deal with Ceredigion and Powys County Councils. The total capital investment is aimed to be:
* £280 million - £400million pounds
* With the intention of adding 1100 -1400 net additional fte jobs
* £570 million - £700 million in net additional Gross Value Added
The availability of Cambrian Chambers within this town re-generation will present a key opportunity to be part of this exciting regeneration of Aberystwyth.
Entrance Hallway 1
Accessed via secured door with electric fob access with glass panel over.
Inner Hallway
With access to storage cupboard and separate electric cupboard.
Office / Potential Apartment
17' 3" x 10' 5" (5.26m x 3.17m) window to front providing the it Hub unit.
Side Kitchen Unit
Including a oak effect base and wall units, stainless steel sink and drainer with mixer tap, plumbing for automatic washing machine and space for cooker
(we believe the office and laundry room have potential for additional apartment space if required).
Laundry Room
9' 4" x 8' 6" (2.84m x 2.59m) plumbing for washing machine, heater, multiple sockets (potential bathroom)
Entrance Hallway
With storage cupboard.
Lounge 1
9' 2" x 12' 2" (2.79m x 3.71m) window to front, heater, multiple sockets.
Kitchen 1
4' 7" x 12' 3" (1.40m x 3.73m) with oak effect base and wall units, stainless steel sink and drainer with mixer tap, plumbing for washing machine, space for cooker, window to front.
Bathroom 1
With walk in shower facility with single wash hand basin, w.c.
Rear Bedroom 1 1
12' 9" x 7' 8" (3.89m x 2.34m) double bedroom, window to rear, heater, multiple sockets.
Internal Stairwell
Completely enclosed for fire regulation purposes with storage cupboard under.
Inner Landing 1
With side storage area.
Entrance Hallway
With airing cupboard.
Open Plan Lounge And Kitchen Area
14' 9" x 15' 4" (4.50m x 4.67m) with oak effect base and wall units, formica work top, stainless steel sink and drainer with mixer tap, plumbing for washing machine, space for cooker, window to front overlooking the street below.
Rear Bedroom 1 2
8' 7" x 10' 0" (2.62m x 3.05m) a double bedroom, window to rear, multiple sockets, heater.
Bathroom 2
8' 1" x 7' 3" (2.46m x 2.21m) with a panelled bath with shower over, single wash hand basin, w.c.
Hallway
With airing cupboard and separate storage cupboard.
Lounge 2
11' 7" x 8' 9" (3.53m x 2.67m) window to front, multiple sockets, heater.
Kitchen 2
4' 7" x 12' 3" (1.40m x 3.73m) with oak effect base and wall units, stainless steel sink and drainer with mixer tap, plumbing for washing machine, space for cooker, window to front.
Bathroom 1
8' 1" x 7' 3" (2.46m x 2.21m) With panelled bath with shower over, single wash hand basin, w.c.
Rear Bedroom 1 3
13' 4" x 8' 6" (4.06m x 2.59m) a double bedroom, heater, multiple sockets, window to rear.
Inner Landing 2
With access to side storage area.
Entrance Hallway 2
With airing cupboard.
Open Plan Kitchen And Lounge Area 1
14' 9" x 15' 4" (4.50m x 4.67m) with oak effect base and wall units, formica work top, stainless steel sink and drainer with mixer tap, plumbing for washing machine, space for cooker, window to front overlooking the street below.
Rear Bedroom 1 4
8' 7" x 10' 0" (2.62m x 3.05m) a double bedroom, window to rear, multiple sockets, heater.
Bathroom 3
8' 1" x 7' 3" (2.46m x 2.21m) with a panelled bath with shower over, single wash hand basin, w.c.
Hallway 1
With airing cupboard and separate storage cupboard.
Lounge
11' 7" x 8' 9" (3.53m x 2.67m) window to front, multiple sockets, heater.
Kitchen 3
4' 7" x 12' 3" (1.40m x 3.73m) with oak effect base and wall units, stainless steel sink and drainer with mixer tap, plumbing for washing machine, space for cooker, window to front.
Bathroom 2
8' 1" x 7' 3" (2.46m x 2.21m) With panelled bath with shower over, single wash hand basin, w.c.
Rear Bedroom 1 5
13' 4" x 8' 6" (4.06m x 2.59m) a double bedroom, heater, multiple sockets, window to rear.
Entrance Hallway 3
With airing cupboard.
Open Plan Kitchen And Lounge Area 2
14' 9" x 15' 4" (4.50m x 4.67m) with oak effect base and wall units, formica work top, stainless steel sink and drainer with mixer tap, plumbing for washing machine, space for cooker, window to front overlooking the street below.
Rear Bedroom 1 6
8' 7" x 10' 0" (2.62m x 3.05m) a double bedroom, window to rear, multiple sockets, heater.
Bathroom 4
8' 1" x 7' 3" (2.46m x 2.21m) with a panelled bath with shower over, single wash hand basin, w.c.
Hallway 2
With airing cupboard and separate storage cupboard.
Lounge 3
11' 7" x 8' 9" (3.53m x 2.67m) window to front, multiple sockets, heater.
Kitchen 4
4' 7" x 12' 3" (1.40m x 3.73m) with oak effect base and wall units, stainless steel sink and drainer with mixer tap, plumbing for washing machine, space for cooker, window to front.
Bathroom 5
8' 1" x 7' 3" (2.46m x 2.21m) With panelled bath with shower over, single wash hand basin, w.c.
Rear Bedroom 1
13' 4" x 8' 6" (4.06m x 2.59m) a double bedroom, heater, multiple sockets, window to rear.
Entrance Hallway 4
With airing cupboard.
Open Plan Kitchen And Living Area
14' 9" x 15' 4" (4.50m x 4.67m) with oak effect base and wall units, formica work top, stainless steel sink and drainer with mixer tap, plumbing for washing machine, space for cooker, window to front overlooking the street below.
Rear Bedroom 1 7
8' 7" x 10' 0" (2.62m x 3.05m) a double bedroom, window to rear, multiple sockets, heater
Bathroom 6
8' 1" x 7' 3" (2.46m x 2.21m) with a panelled bath with shower over, single wash hand basin, w.c.
Hallway 3
With airing cupboard.
Lounge 4
8' 8" x 13' 10" (2.64m x 4.22m) with window to front enjoying views over the town towards the coastline and Constitution Hill, heater.
Open Plan Kitchen And Lounge Area 3
14' 9" x 15' 4" (4.50m x 4.67m) with oak effect base and wall units, formica work top, stainless steel sink and drainer with mixer tap, plumbing for washing machine, space for cooker, window to front overlooking the street below.
Rear Bedroom 1 8
11' 3" x 9' 2" (3.43m x 2.79m) a double bedroom, window to rear with distant sea views, multiple sockets, heater.
Bathroom 3
8' 1" x 7' 3" (2.46m x 2.21m) With panelled bath with shower over, single wash hand basin, w.c.
To The Front
The property is approached via Great Darkgate Street.
To The Rear
A small yard being extremely difficult to access with no external access point from any adjoining streets.
Money Laundering Regulations
The successful purchaser will be required to produce adequate identification to prove their identity within the terms of the Money Laundering Regulations. Appropriate examples include: Passport/Photo Driving Licence and a recent Utility Bill. Proof of funds will also be required, or mortgage in principle papers if a mortgage is required.
Viewing Arrangements
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