Marine Terrace, New Quay, Ceredigion, SA45
JO

Marine Terrace, New Quay, Ceredigion, SA45

By John Francis

£ 500,000

Reviews

3 out of 5 stars

John Francis says ..

Marine terrace is a large terrace property in the heart of the popular seaside town of New Quay. The spacious property is currently being used as a very successful holiday let, located in the centre of New Quay the property benefits from sea views and on street parking. The property briefly ...

Property Oracle says ..

This four-bedroom, two-bathroom property in New Quay, Ceredigion, is situated in a desirable coastal location. The photos reveal a house that needs some updating and minor repairs, but is generally well maintained. It is evident the property has many charming aspects, but it might require some modernisation to improve its overall aesthetic. The kitchen and bathrooms in particular could benefit from upgrades. The current decor reflects a comfortable but somewhat dated style. The property features a garden, albeit a relatively small one, with a patio area and shed, which provides some additional outdoor space. The garden appears to require some landscaping and maintenance. The proximity to Ysgol Cei Newydd primary school makes the location appealing to families. However, the lack of information regarding nearby transport options is a point to consider. A lack of precise square footage for surrounding properties makes comparing the property price per square foot challenging. The £500,000 asking price needs careful evaluation compared to recent local sales of properties of similar size and condition, given the information provided. Overall, the property presents a potential investment in a picturesque coastal location but requires prospective buyers to consider both its renovation needs and accurate market value based on updated local comparable sales data.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
6
Location
8
Land
4
Bedrooms
4
Bathrooms
2
Sqft (est)
1,180.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
398,765.00 £
Decreased by 0.35 %
from 400,154.00 £
Est sale value
467,280.00 £
Increased by 20.73 %
from 387,040.00 £
Average area rental value
1,263.00 £/mo
Increased by 3.52 %
from 1,220.00 £/mo
Est letting value
1,180.00 £/mo
Unchanged by 0.00 %
from 1,180.00 £/mo
Est rental Yield
3.80 %
Increased by 3.83 %
from 3.66 %
Crime Rate
61.00 %
Unchanged by 0.00 %
from 61.00 %

Agent Activity

  • John Francis created the listing.

Nearby Schools

NameTypeOfstedDistance
Ysgol Cei NewyddWelsh Establishment0.67 KM
Ysgol Gynradd LlanarthWelsh Establishment6.16 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Prospect Place £ 365,00000.00 KM
Water Street £ 000.00 KM
Wellington Place £ 000.00 KM
Glan Dolau £ 210,00000.00 KM
Park Street £ 305,00000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Marine Terrace, New Quay, Ceredigion, SA45 £ 385,000BUY6 / 100.02 KM
Marine Terrace, New Quay £ 525,000BUYUnknown0.03 KM
Lewis Terrace, New Quay, Cardigan Bay £ 750,000BUYUnknown0.06 KM
Marine Terrace, New Quay, SA45 £ 425,000BUY7 / 100.07 KM
Corner of Rock Street/Prospect Place, New Quay , SA45 £ 365,000BUY6 / 100.08 KM

Nearby Properties

AddressPriceDistance
19 Marine Terrace £ 205,0000.07 KM
13 Marine Terrace £ 370,0000.07 KM
8 Marine Terrace £ 480,0000.07 KM
14 Marine Terrace £ 39,0000.07 KM
4 High Street £ 437,0000.09 KM