Summary - 9 PENMAESGLAS ROAD ABERYSTWYTH SY23 1JP
5 bed 2 bath House
Turnkey five-bedroom investment near university with immediate rental income.
5 fully furnished letting rooms with beds, desks and storage
Gross annual rent £21,375, bills-inclusive HMO income
Bright open-plan kitchen/living/dining; sociable student layout
2 shower rooms — one recently refurbished, one original
Double glazing and gas central heating throughout the property
Small rear yard and external stone storage shed
Built late 1800s stone construction; assumed no wall insulation
Located in very deprived area with high local crime rates
This five-bedroom end-terrace in Penmaesglas Road is a turnkey HMO investment close to Aberystwyth University. Fully furnished and let with bills included, the property currently generates a gross annual income of £21,375, making it attractive for buy-to-let investors seeking immediate returns in a popular student neighbourhood.
The house retains Victorian character externally and has PVCu double glazing plus gas central heating. Internally there is a bright open-plan kitchen/living/dining room, two shower rooms (one recently refurbished) and a small private rear yard for bike storage. Student tenancies are typically exempt from council tax, helping net income.
Important practical points are clear: the building is a solid late‑1800s stone construction with no assumed wall insulation, located in a very deprived area with high local crime rates. The plot is small, and some fittings are dated, so budget for routine maintenance and possible upgrades to maintain rental appeal. Services, wiring and appliances have not been tested and should be surveyed prior to purchase.
For an investor this property offers stable, lettable accommodation in a high‑demand student location with immediate cashflow and scope to enhance returns through selective refurbishment, improved energy efficiency, or reconfiguration subject to consent.
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