![Picture No. 04](https://media.onthemarket.com/properties/15677676/1506335505/image-0-1024x1024.jpg)
![Picture No. 02](https://media.onthemarket.com/properties/15677676/1506335505/image-1-1024x1024.jpg)
![Picture No. 03](https://media.onthemarket.com/properties/15677676/1506335505/image-2-1024x1024.jpg)
Flat for sale
Key information
Property description & features
- Tenure: Freehold
- 3 storey commercial/residential investment property
- Grade II listed & in conservation area
- Located just off the town centre
- Ground floor retail unit, 2 flats over
- All currently occupied
- Producing yield of 8.2% on current asking price
- CEPC = 42 (B) (exp 03/34)
The flats benefit from electric heating and secondary glazed windows. Current rental income of £1,000 per calendar month - based on the current asking price this reflects a yield of 8.2%. There is potential to increase the current rents.
Ground floor
Retail Unit (1) - the shop is open plan with strip flooring, floor to ceiling windows, side entrance door, trap door to cellar. Shop area 8.97m x 4.70m (total floor area 42.15 sq m)
Communal side entrance door to Flats 1 and 2, staircase up to the first & second floors
First floor - Flat 1
Entrance Hall, understairs cupboard
Bathroom with panelled bath, electric shower, glazed shower screen, tiled walls, tiled floor, WC., wash basin
Kitchen/Living Room with base & wall units, worktop surface, stainless steel sink unit, plumbed for washing machine, built in cooker, 4-ring hob with extractor over, breakfast bar, electric radiator
Front Bedroom (1) with electric radiator
Side Bedroom (2)
Energy Efficiency Rating = 16 (G) (exp 03/2026) - and is exempt
Second floor - Flat 2
Entrance Hall, electric radiator
Kitchen with base & wall units, worktop surface, built in oven, 4-ring hob with extractor fan over, plumbed for washing machine, inset stainless steel sink unit, tiled floor,
Living Room with electric radiator
Front Bedroom (1), electric radiator
Side Bedroom (2), electric radiator, built in double wardrobe
Side Bedroom (3), electric radiator
Bathroom with panelled bath, electric shower over, glazed shower screen, WC., wash basin, tiled floor, tiled walls
Energy Efficiency Rating = 47 (E) (exp 03/2026)
FLOOD RISK (PER NRW)
Flooding from rivers - very low risk - risk less than 0.1% chance each year
Flooding from the sea - very low risk - risk less than 0.1% chance each year
Flooding from surface water and small watercourses - very low risk - risk less than 0.1% chance each year
BT AND BROADBAND CHECKER
Side passageway with the neighbouring properties having a right of way over. Cloakroom with WC., wash basin. Store shed.
TENURE
Freehold. Land Registry Title No: WA954690
Please note that the neighbouring properties have a right of way through the passageway. There are also various flying freeholds with the neighbouring property.
The residential properties are let under Occupational Contracts - Flat 1 at £350 pcm and Flat 2 at £350pcm. The shop is held on a commercial lease with the tenants holding over at a rent of £300 pcm. Total rental per month is £1,000 - there is potential to increase the rent levels.
Property information from this agent
Places of interest
See more properties like this:
*DISCLAIMER
Property reference LLA240099. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Morris Marshall & Poole - Llanidloes.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on January 16, 2022
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.