Victoria House, Victoria Road, Rhymney, Tredegar NP22 5NU

Exceptional Multi-Use Investment Opportunity- Offices, Commercial, HMO & Development Potential

An outstanding opportunity for investors to acquire a highly versatile, income-generating property with significant scope for further development. This single-storey detached building is currently arranged as a mix of office suites and temporary accommodation, offering multiple revenue streams. Vacant.

Positioned on a generous 0.37-acre plot. and boasting a total internal area of 544.36 m², the property is split into separate, functional units:

• Units 1A/B – Currently operational office spaces

• Units 2 & 3 – Previously as temporary accommodation forming part of the existing HMO setup

The site also includes a separate utility room and a private on-site car park, adding convenience and enhancing commercial appeal.

Strong Development Credentials

The property benefits from substantial planning history, underpinning its long-term potential:

• 2020: Approved planning for 7 rooms of temporary accommodation

• 2021: Additional approval for 6 rooms, totalling 13 rooms under the HMO planning

This makes the site ideal for investors looking to expand or redevelop into a more substantial HMO, mixed-use scheme, or future housing project (subject to any renewed planning).

Why This Property Stands Out to Investors

• Potential for multi-income setup (offices + HMO)

• Proven planning approvals for 13-room HMO

• Potential development

• Private car parking on-site

• Flexible use: commercial, storage, residential development (subject to planning)

• Demand for both office space and temporary accommodation in the area

• Rare opportunity to add value through redevelopment or reconfiguration

This is a high-potential commercial investment offering immediate returns with clear avenues for growth, an ideal purchase for developers and investors seeking a project with scalability and long-term prospects.

The property comprises part HMO accommodation (C4) with the balance of the building retained for institutional or training use (formerly D1, now F1). The building was historically used as a health centre, with a café previously operating from part of the premises; the café use has since ceased in accordance with planning conditions.