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3 bed house for sale New Cross, Aberystwyth

Asking price
£270,000
Morris Marshall & Poole logo

Added two days ago

Type
Detached Commercial
Bedrooms
3
Bathrooms
1
Tenure
Freehold

Key features

  • • An exciting opportunityfor a business or refurbished into a private residence
  • • Noted Freehold Public house, with restaurant for 36 covers
  • • Additional external seating areas
  • • Parking to rear
  • • Two bedroom apartment, let as Airbnb
  • • 4 miles Aberystwyth
  • 27
  • 21
  • 26
  • 8
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About this property

An exciting opportunity to acquire a Freehold property, currently a Public House but with planning consent for a change of use to a substantial residential dwelling with annexe, situated some 4 miles south of the University and noted coastal town of Aberystwyth within the strong rural community, which in the past has provided excellent support for what in the past has been a noted local public House/Restaurant. Refurbished during recent years the property comprises a ready-to-go ground floor Public Bar, Restaurant, Toilet facilities and well equipped fitted commercial Kitchen. On the First Floor, three bedroom accommodation for which our vendor has established Airbnb letting business, all of which would be available to any prospective purchaser to further develop.

Floorplan

Council tax

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Location

New Cross, Aberystwyth

Mortgage and stamp duty

Property price £270,000
£135k £405k
Deposit10% £27,000
£0 £270k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years

A £243,000 mortgage. Most lenders would want a household income of about £54,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Area insights

The neighbourhood around this property.

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