3-bedroom house · SY23 1JF
Listing removedListed 474 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
In the heart of the bustling town of Aberystwyth, this spacious terraced HMO property offers an excellent investment opportunity.
Let for the upcoming 25/26 academic year, it offers immediate rental income with scope for either further letting or future conversion.
Downstairs boasts ample living space, alongside a practical kitchen leading to a small rear yard.
The fitted shower room completes the practical space suited for both students or future conversion to a family home.
Upstairs, the property features two well-sized double bedrooms, and a third single bedroom. A separate upstairs W.C. Also suits shared living.
Ideally located in the centre of Aberystwyth, the property benefits from the high rental demand of the area, and being within walking distance of the university, public transport, and a wide range of amenities as well as the stunning West Wales coast make it a prime residence for anyone wanting such a central location.
With the tenancy already in place, this property would be ideally suited to those seeking reliable income and long-term appeal.
Well laid out with future potential, this property provides a fantastic opportunity that we recommend viewing early!
Entrance Hall (4m x 1.07m) Dining Room (3.05m x 2.51m) Living Room (4.95m x 2.57m) Kitchen (3.23m x 2.67m) Shower Room (1.5m x 2.24m) Bedroom 1 (3.8m x 3.05m) Bedroom 2 (4.52m x 2.44m) Bedroom 3 (2.3m x 3.4m) Lavatory (1.04m x 0.66m)
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 13, South Road, Ceredigion
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