MapGuide price
£130,000Flat for sale
High Street, Llanidloes, Powys, SY18
Flat
Key information
Tenure: Freehold
Council tax: Band B
Mobile signal:
EEO2ThreeVodafone
Features and description
- 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)
3-storey residential/commercial investment property. The property is Grade II listed and situated in the towns conserveration area. Located on High Street in the centre of Llanidloes which is a popular market town with its historic black & white market hall. There is an array of small shops, cafes & restaurants together with primary & high schools, sports centre & good recreational facilities. Nearby popular tourist attractions include the Clywedog Reservoir and Hafren Forest. The coastal university town of Aberystwyth is 32 miles distant and the larger market town of Newtown 14 miles away.
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.
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
About this agent
Welcome to Morris Marshall & Poole - Estate Agents and Chartered Property Surveyors Established in 1862, now with 8 offices from the Welsh Coast through the heart of Mid Wales to the Borders and central Shropshire. We have built up an enviable reputation for integrity and professionalism in the field of Residential, Commercial and Agricultural services. Residential Property Sales Our aim is to get the best price for your home, quickly and with as little inconvenience as possible and to achieve this we combine attentive personal service with the latest marketing technology. Our valuers have extensive local knowledge gained through many years of experience and will offer you the best possible assistance with setting an asking price and maximising the sales potential of your property. All pre-sale advice is provided free of charge and without any obligation. Residential Property Lettings Letting a property can be a challenging process with changing legal issues that landlords need to be aware of. our dedicated team of lettings managers and staff offer a first-class service to both individual buy to let landlords and professional landlords with multiple properties. Property Valuation Survey and Building Services Our team of Chartered Surveyors are able to conduct not only Valuations but also RICS HomeBuyer Reports and Full Building Surveys. We also provide planning services including the preparation of full building plans for your building project and advice for property developers undertaking larger projects. Agricultural Services A dedicated team of Surveyors and Auctioneers on hand to offer advice on the sale and valuation of farms and agricultural land, livestock and machinery together with professional advice on the ever increasing number of agricultural schemes. Commercial Property Expert advice is available on the sale of all types of commercial property and businesses including freeholds, leaseholds and going concerns.