This adaptable five/six-bedroom property presents an exciting renovation and investment opportunity, located centrally in Lampeter on Station Terrace. Previously configured as a one-bedroom ground floor flat alongside a four-bedroom maisonette, and having once functioned as a licensed HMO, the potential for various configurations and uses is substantial. The ground floor features a double bedroom, living room, and kitchen with patio access to the garden, while the upper floors encompass additional bedrooms and a versatile reception space that could serve as an extra bedroom. The property does require updating and modernization but boasts generous living areas that can accommodate large families or be transformed into dedicated workspaces or hobby rooms. With local amenities, schools, and university facilities within walking distance, along with proximity to coastal towns like Aberaeron just 13 miles away, the location adds significant appeal to this investment. The property benefits from gas central heating and is connected to mains electricity, water, and drainage.