JJ Morris says ..
An exciting opportunity to acquire a freehold, commercial premises with residential element above within Cardigan. Previously run as The Old Eagle Inn and more recently Fusion Restaurant, the Property Comprises: Ground Floor Commercial Bar Area with Fully Functioning System, Snug with Seating Are...
Property Oracle says ..
This property on Castle Street, Cardigan is a mixed-use building, previously operating as a restaurant and pub. It offers a commercial space on the ground floor and a residential element above. The residential area includes three bedrooms and a bathroom, and shows evidence of recent or planned use for living. The ground floor commercial space features a fully functioning bar system, a kitchen, and multiple areas that appear ready for use as a restaurant or pub. The provided photos show the property’s mixed condition, with some areas requiring updating and repairs. The interior has a combination of modern and dated features, and flooring shows inconsistent wear. The overall internal space is extensive. The exterior is largely maintained, though the overall condition necessitates minor work. The property benefits from a central location in Cardigan, offering proximity to local amenities. However, the listing does not provide information about the exact size of the plot. It’s located in a street with an average property price in line with the listing price, suggesting the price is reasonable for the area, but this value is reduced slightly given the need for some work and the absence of land.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 6
- Location
- 7
- Land
- 1
- Bedrooms
- 3
- Bathrooms
- 1
- Sqft (est)
- 2,463.43
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 %
- Est sale value
- 975,518.28 £Increased by 20.73 %
- Average area rental value
- 1,263.00 £/moIncreased by 3.52 %
- Est letting value
- 2,463.43 £/moUnchanged by 0.00 %
- Est rental Yield
- 3.80 %Increased by 3.83 %
- Crime Rate
- 21.00 %Unchanged by 0.00 %
Agent Activity
JJ Morris created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Ysgol Uwchradd Aberteifi | Welsh Establishment | 0.98 KM | |
| St Dogmaels | Welsh Establishment | 2.29 KM | |
| Cilgerran V.C.P. School | Welsh Establishment | 3.81 KM | |
| Ysgol Llechryd | Welsh Establishment | 5.82 KM | |
| Ysgol Penparc | Welsh Establishment | 7.29 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Castle Street | £ 265,000 | 0 | 0.00 KM |
| Strand | £ 250,000 | 0 | 0.00 KM |
| Bron-y-Dre | £ 0 | 0 | 0.00 KM |
| Netpool Road | £ 1,450,000 | 0 | 0.00 KM |
| Gwbert Road | £ 475,000 | 0 | 0.00 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Castle Street, Cardigan | £ 265,000 | BUY | 5 / 10 | 0.00 KM |
| Castle Street, Cardigan, Ceredigion, SA43 | £ 165,000 | BUY | Unknown | 0.04 KM |
| Castle Street, Cardigan, Ceredigion, SA43 | £ 350,000 | BUY | 4 / 10 | 0.07 KM |
| Castle Street, Cardigan, SA43 | £ 210,000 | BUY | 6 / 10 | 0.10 KM |
| Castle Street, Cardigan | £ 249,950 | BUY | 6 / 10 | 0.10 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 9 Castle Street | £ 125,000 | 0.03 KM |
| 20a Quay Street | £ 205,500 | 0.28 KM |
| 24 Quay Street | £ 60,000 | 0.28 KM |
| 27 St Mary Street | £ 66,000 | 0.35 KM |
| 28 St Mary Street | £ 52,000 | 0.35 KM |