1 bedroom house for sale

Overview

Residential Investment Opportunity of a property which is currently split into Six One Bedroom Units. providing a useful income with potential to increase. There may also be potential to redevelop the site by returning the flats into Four Residential Units, subject to receiving the necessary planning approvals and consents. Currently let out on occupational contracts with a return of £21,600 per annum. Some of the Tenants have been in residence for some time and there is potential to increase the rents to current market rental levels. Situated in the town's Conservation Area and the property benefits from an excellent rear garden and UPVC double glazed windows to the rear and is a short walk into the town centre which offers a range of amenities and facilities.The accommodation comprises:Communal Entrance Hall off Bryn Street with buzzers to all flats, fire alarm panel, rear door to Flats 1 & 2, Communal staircase to Flats 3 6. Flats 1 & 2 have their own doors into the rear garden and access via the communal hallway.FLAT 1 (Ground Floor)Entrance HallBathroomBedroom 3.32m x 3.62m Kitchen/Lounge 5.46m x 3.36m FLAT 2 (Ground Floor)Entrance HallBathroomBedroom 3.47m x 2.54mKitchen/Lounge 4.23m x 5.65mFLAT 3 (First Floor)Entrance HallBathroomBedroom 4.43m x 2.80m Kitchen/Lounge 5.47m x 4.59mFLAT 4 (First Floor)Entrance HallBedroom 3.49m x 2.38mBathroomBox Room 2.57m x 2.08m Living Area 4.06m x 2.75m open through toKitchen 1.99m x 2.61mFLAT 5 (Second Floor)LandingBathroomBedroom 4.46m x 2.85m Kitchen/Lounge 5.49m x 4.56mFLAT 6 (Second Floor)LandingBedroom BathroomBox Room 2.16m x 2.60mLounge 4.55m x 2.78m open through to Kitchen 2.82m x 1.77mOUTSIDELarge communal garden area. Flat (1) currently has its own private gardenSERVICESAll the flats have their own meters and there are electric panel heating to all flats.Mains electricity, water and drainage.TENURE Freehold. All the Flats are on an Occupational Contract. Total Rents are £21,600 per annum with potential to increase.EPC RATINGS: Flat 1 E (49)Flat 2 E (51)Flat 3 E (52)Flat 4 D (61)Flat 5 E (54)Flat 6 - D (57)Large communal garden area. Flat (1) currently has its own private garden For more details and to contact: https://realtyww.info/houses_powys-r783021/for-sale_i68196332