Merlin Street, Carmarthen... 2 bed flat for sale

*Investment property* Swift Property Services are pleased to offer 11A Merlin Street on the market for sale. This first floor apartment, is conveniently situated on a quiet street in Carmarthen town centre, within yards of St Catherines Walk shopping prescint and close proximity of further amenities including schools, supermarkets, transport links including bus/train stations and much more. The property is sold with a tenant in situ. We act as managing agents for the property which has been let out to the current tenant since November 2016. The rent is scheduled to increase to £500 per calendar month from August 2024 offering an attractive yield of approximately 7%. The accommodation is set over one level, internally comprising of two bedrooms, living room, kitchen/diner, utility room and shower room. Externally there is a lawned garden to the side and residents permit parking available to the fore, by arrangement through Carmarthenshire County Council. Council tax band "A". EPC "TBC". Certificate for gas boiler and DEICR for electrics in date and available to view. Smoke alarms are mains and interlinked throughout the property to comply with residential letting regulations. Leasehold property. 999 year lease from 1 July 1991. Annual ground rent of £10 payable to the local authority Carmarthenshire County Council. To arrange a viewing please contact Swift Property Services on[use Contact Agent Button] / [use Contact Agent Button] Please note: The vendor is only prepared to sell to a buyer looking to retain the existing tenants.

Rooms

Entrance (Ground Floor)
Access to the side of the property. uPVC double glazed door opening to stairs leading up to the first floor landing.

Landing (First Floor)
Stairs down to ground floor entrance. Doors to living room, kitchen/diner, bathroom and bedrooms 1 & 2.

Living Room (First Floor) 3.50m ( 11'6'') x 3.48m ( 11'6'')
Door to landing. uPVC double glazed window to fore. Carpeted floor. Radiator. Picture rail.

Kitchen / Diner (First Floor) 4.31m ( 14'2'') x 3.45m ( 11'4'')
Door to landing. Range of base and wall units. Wood effect flooring. uPVC double glazed window to fore. Stainless sink and drainer. Freestanding electric cooker. Radiator. A rated Ideal Logic combi boiler. Picture Rail.

Bedroom 1 (First Floor) 3.64m ( 12'0'') x 2.59m ( 8'6'')
Door to landing. uPVC double glazed window to rear elevation. Radiator. Carpet.

Bedroom 2 (First Floor) 1.80m ( 5'11'') x 2.69m ( 8'10'')
Door to landing. uPVC double glazed window to rear elevation. Radiator. Carpeted floor.

Bathroom (First Floor) 1.52m ( 5'0'') x 1.75m ( 5'9'')
Door to landing. Bathroom with shower over bath, Wash basin and WC. Tiled floor. Part tiled walls. uPVC double glazed window to rear elevation.

Utility (First Floor)
Plumbing for a washing machine. Worktop. Window to rear.

Externally (Ground Floor)
Lawned garden to side. Residents permit parking to the fore, by arrangement through Carmarthenshire County Council. (Shed and green house belong to current tenant).

Services
Mains gas central heating (Ideal Logic A rated combi boiler), water, electricity and sewerage.

Council Tax
Band "B". Local Authority Carmarthenshire county council.

Rental Terms
Currently let out since November 2016 to the existing tenant. Rent is scheduled to be increased from £475 per calendar month to £500 per calendar month from August 2024. Offering an attractive yield in the region of 7%.

Tenure
Leasehold. 999 year lease from 1 July 1991. Annual ground rent of £10 payable to the local authority.

Certificates
Gas Safety Certificate dated 24/02/24 (renewed annually), DEICR dated 08/11/22 (Renewed every five years), Interlinked and mains smoke alarms installed 2022.

Construction
Brick.

EPC
TBC

Please Note
These property details in no way constitute an offer of contract. Floor plans, virtual tours and measurements are approximate and buyers should satisfy themselves on all aspects of size, layout, condition, access and planning matters. No services or appliances have been tested by Swift Relocations and it would be the responsibility of the purchaser to do so. Photographs may have been taken with a camera using a wide angle lens. Photographs may depict items which are not included in the sale of the property. Swift Property Services is the trading name of Swift Relocations Ltd - Company reg: 7283983

Good Morning and Welcome to Swift Property Services Swift Property Services is the leading ARLA regulated residential lettings and property management agent in South West Wales. Established in 1988, our estate agents office is based in Carmarthen town and we cover a wide area spanning Carmarthenshire, Pembrokeshire and Ceredigion. We offer an unrivalled service and pride ourselves on our experience, knowledge, marketing skills and customer service. Whether you are looking for a home rental or a town centre apartment we have a wide range of property to let, something to suit every need. Our spacious office based in Carmarthen town centre is open from 9am - 5pm Monday to Friday and 9am- 1pm on Saturdays. Our company has a dedicated team of friendly staff who are able to deal with your enquiries, please feel free to pop in, telephone or email us if you have an enquiry, we will be delighted to hear from you.

2 bedroom flat for sale

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