**Standout Features:**
- Spacious 5-bedroom townhouse in a sought-after rental location
- Established House of Multiple Occupation (HMO) with strong rental returns
- Potential to increase occupancy with additional bedrooms (subject to planning)
- Rare off-road gated parking and rear garden
- Close proximity to Aberystwyth University and vibrant local amenities
**Concise Summary:**
Discover a remarkable investment opportunity with this substantial three-storey 5-bedroom townhouse located on Alexandra Road, Aberystwyth. This property is currently operated as a House of Multiple Occupation (HMO), yielding a solid rental return and already leased for the 2025/26 academic year, ensuring immediate income for savvy investors.
The property boasts excellent potential for further development; the lower ground floor features a cellar with limited headroom and potential rear access, which may be converted into additional useful living space upon inquiry with local planning authorities. Each bedroom is generously sized, and the main living room space could easily be divided to create an extra bedroom.
Beneath its Victorian charm, including enchanting bay windows, this residence offers access to a private garden and secure off-street parking—an invaluable asset in this bustling area. Marvel at the vibrant atmosphere of Aberystwyth, home to rich cultural experiences and extensive amenities. With significant demand for student accommodation nearby, this property presents an exceptional opportunity for both current returns and long-term value growth.
While there are some maintenance considerations regarding damp and plumbing systems, prospective buyers are encouraged to conduct thorough investigations prior to viewing. Don’t miss out on this unique investment in a prime location; schedule your viewing today!