5 bed terraced house for sale

Alexandra Road, Aberystwyth SY23

An excellent opportunity for investors in the form of a five-bedroom HMO property near the centre of Aberystwyth town, to be sold as a going concern. Fully let for the 2026-27 academic year and with a central location and average gross annual yield of 10-11%, this property offers a great return for investors in a stable rental market.
The property consists of the following:
Ground floor
hallway

Leading in from porch of white UPVC double doors and an inner single varnished oakwood door. Access to kitchen, ground floor bedrooms, basement and stairwell to first & second floors with carpeted hallway and landing floors and stairwells throughout the property.

Bedroom 1 (4.16m x 4.39m)
Double bedroom with UPVC bay window located at the front of the property. Laminate wooden flooring.

Bedroom 2 (3.74m x 3.76m)
Double bedroom looking onto the rear garden and parking area. Laminate wooden flooring and UPVC double glazed window.

Kitchen (3.56m x 2.76m)
Fully fitted kitchen with vinyl flooring, splashback tiling over sink and basic white goods to be included in the sale. Gas boiler and extractor fan.

Utility room (0.63m x 1.30m)
Small utility room with basic white goods, vinyl flooring and access to rear garden and parking area via wooden door with single glazed window.

WC (1.85m x 1.49m)
Private water closet with lavatory, sink and double-glazed window with frosted glass.
First floor

Bathroom 1 (1.50m x 1.61m)
Vinyl flooring, shower cubicle with electric shower, WC, sink, mirror and double-glazed frosted glass UPVC window. Tiled and plasticated walls and ceilings with vinyl flooring.

Bathroom 2 (1.66m x 2.71m)
Vinyl flooring, shower cubicle with mains hot water shower, WC, sink, mirror, vanity unit and double-glazed frosted glass UPVC window. Tiled and plasticated walls and ceilings with vinyl flooring.

Bedroom 3 (3.77m x 3.45m)
Double bedroom looking onto the rear garden and parking area. Laminate wooden flooring and UPVC double glazed window and secondary glazing.

Lounge/diner (5.71m x 3.40m)
Large living and dining space fully furnished; two large UPVC double glazed window units overlooking the front of the property with laminate flooring.
Second floor

Bedroom 4 (2.73m x 3.90m)
Double bedroom with UPVC window located at the front of the property. Laminate wooden flooring.

Bedroom 5 (2.73m x 4.03m)
Double bedroom with UPVC window located at the front of the property. Laminate wooden flooring and sloping ceiling.

Storage room (2.54m x 4.04m)
Laminate flooring, currently used as storage but with the potential to be a sixth double bedroom.
Other features
cellar

Undeveloped cellar with utility entry points for the property, accessed via the ground floor hallway. Potential for redevelopment.
Rear garden & parking area

Double wooden gates permitting parking of up to two smaller vehicles or a single larger vehicle. Gravelled surface and paving with potential for horticultural beds.
Additional information

The property is to be sold as a going rental concern and any purchaser will be required to comply with local authority HMO licensing requirements and guidelines in addition to being registered with RentSmart Wales, as per current Welsh Government legislation.
As a licensed HMO, the property has a fully integrated mains fire alarm and emergency lighting system, fire fighting equipment throughout and fire doors, as required by local and national House of Multiple Occupation health and fire safety guidelines.
Money Laundering Regulations of 2017 require us to verify the identity of any prospective purchasers via photographic id such as a valid passport or driving licence or proof of address such as a utility bill or correspondence from the local authority. We politely request any prospective purchasers to cooperate fully with us on this matter to prevent delays to any sale.