Summary - 3 NEW STREET ABERYSTWYTH SY23 2AT
5 bed 1 bath Terraced
**Standout Features:**
- Investment opportunity: currently licensed as a HMO for 5 tenants.
- Dual usage potential: ideal as a student property or family home.
- Spacious accommodation: spread over four levels including a large basement.
- Strong rental income: generates £23,700 per annum, fully let until 2026.
- Prime location: just steps from Aberystwyth town centre.
**Potential Concerns:**
- High crime rate in the area.
- Property requires some modernization, particularly regarding insulation.
- Average broadband speeds could impact tenant desirability.
Nestled in one of the oldest streets in Aberystwyth, this Georgian mid-terrace house offers expansive living space across four levels, making it an ideal choice for investors or families alike. Enjoy the charm of high ceilings and spacious rooms, complemented by a well-layout that includes a generous living room, kitchen, basement utility, and five bedrooms—all thoughtfully configured for comfort and practicality. The property is currently a fully let HMO with a solid rental income, representing an excellent investment opportunity in a cosmopolitan student neighborhood.
However, potential buyers should note that the property, while in good condition, does require insulation updates and carries a higher crime rate. With on-street access to a variety of amenities and superb communication options nearby, this property promises not just a comfortable living space, but also future flexibility for renovations, making it a valuable find in a sought-after location. Don’t miss out—properties of this nature, with dual-use potential and established income, tend to attract attention quickly!
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