Residential Investment. Three Refurbished Flats.
An end of terraced building converted into three self contained refurbished maisonettes comprising of a large two bedroom unit on the first floor which is currently let, to the lower ground floor is a vacant spacious two storey two bedroom maisonette along with a vacant large one bedroom (with box room) two storey maisonette. We are advised that the property was completely refurbished within the last 3 years. The property is located on the high street through the village and benefits from good access to Merthyr Town Centre and A470 and is close to local shops, school, amenities and the train station.
See Legal Pack
Flat 1 - Lounge/dining room, kitchen/breakfast room, two bedrooms and bathroom.
Lower Ground Floor
Flat 2 - Lounge, kitchen, stairs to bedroom, box room (ideal nursery or study) and shower room. Flat 3 - Large open lounge/kitchen, stairs to two bedrooms and bathroom.
Steps at side of property leading to level sitting area and a further generous rear garden which has been sectioned off.
We are informed that Flat 1 is currently let on an AST at £350pcm, whilst the other three are vacant. Flat 2 has been let previously at £300pcm and Flat 3 at £350pcm. Therefore the property could be offered as a turn key residential investment generating a minimum of £1000pcm therefore providing a total annual income of £12,000 or more.
Thursday 29th August 15.00-15.30
Energy Efficiency Rating (EPC)
Current Rating TBC
Merthyr Tydfil County Borough Council
RJM Solicitors, 34 Victoria Street, Merthyr Tydfil, CF47 8BW, Ref: Rynwen, Tel: 01685 373721
Administration Charge - 0.25% inc VAT of the purchase price, subject to a minimum of £840 inc VAT, payable on exchange of contracts.
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.