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5 Bed HMO, SY23 1NT £247,000

8 Cambrian Place, Aberystwyth, Ceredigion, SY23 1NT - 2 years ago
  1. Deal Search
  2. SY23
  3. SY23 1NT
HMO
Outside Article 4
ROI: 3%
113 m²

ValuationOvervalued

This may not be accurate, please check manually.

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Links

  • More Deals in SY23
  • More HMO Deals
  • More HMO Deals in SY23

Property History

Listed for £247,000

July 17, 2023

Sold for £138,000

2003

Sold for £59,000

1996

Floor Plans

Description

  • Student Let HMO +
  • Town Centre Location +
  • Let for 25-26 Academic Year +

In the very heart of Aberystwyth, this spacious five-bedroom House of Multiple Occupancy offers an excellent investment opportunity.

This mid-terrace house is currently configured with five bedrooms, though it benefits from an HMO licence for up to six bedrooms, offering future potential to maximise rental income. On the ground floor the main living spaces can be found; a comfortable living room, a well-appointed kitchen, a rear utility room with access to the small enclosed rear yard, and a practical ground floor shower room. The basement provides additional storage space or future potential (please note the maximum basement ceiling height is 5'11"). To the first floor are the first two good-sized bedrooms, a second shower room, and a separate W.C., whilst the remaining three bedrooms are located on the second floor.

Fully let for the 2025-2026 academic year, this is a rare chance to acquire a ready-to-go income opportunity with strong long-term potential. For those looking for a central location, the property could also offer potential for conversion back into a substantial family home. Just a short walk to all that Aberystwyth has to offer, and being so close to the University, travel links, and local beach, this property must be viewed to see all it could offer.

Agent Details

John Francis, Aberystwyth

01970 601043

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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