Commercial Road, Port Talbot

OBJECT TYPE

Renovation project

HOUSING UNITS

5 bedroom HMO

LOCATION

Port Talbot

RETURN ON INVESTMENT

19% Gross Yield

Project information

A mixed-use commercial property located on the main street in Port Talbot. After applying for and obtaining the necessary permits, the first floor is currently being converted into a 5-bedroom HMO (House in Multiple Occupation), while the ground floor will remain as a commercial unit.

Commencement and Completion Date

The construction of this HMO on Commercial Road started in June 2022 and was completed in May 2023.

HMO (House of Multiple Occupation)

Investing in an HMO can offer higher rental yields (19% on Commercial Road) and increased flexibility in rental agreements. With growing demand for shared accommodation, particularly in urban areas, HMOs present a lucrative opportunity for steady rental income and long-term capital appreciation.

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