No longer on the market
This property is no longer on the market
Map2 bedroom property
Auction
Sold STC
Property
2 beds
3 baths
2077
Key information
Tenure: Freehold
Council tax: Band A
Broadband: Ultra-fast 1000Mbps *
Mobile signal:
EEO2ThreeVodafone
Features and description
- Freehold Property
- End Terraced
- Investment Opportunity
- Circa £17,000 Annual Rental Income Currently Achieved
- EPC: D & E / Council Tax Band: A / Business Rates: TBC
- Online Auction Date 10th April 2025 unless sold or withdrawn prior
A freehold investment opportunity, ideally positioned (in our opinion) opposite Subway and KFC in a town centre location. This mixed-use property currently generates a gross annual income circa £17,000 (2025) from three separate tenancies, offering both commercial and residential rental income (lease information to be included and confirmed within the legal pack).
The ground-floor retail unit is currently let until December 2026 at £8,000 per annum. In addition to this retail space, the unit includes a kitchen and cloakroom at the rear, with a staircase leading down to two lower-ground storage rooms with direct access to the rear service road. The two upper-floor flats are both let to long-term tenants. The top-floor flat we have been informed generates £3,380 per annum, while the middle-floor flat achieves £5,940 per annum (leases to be included within the pack), giving the property a rental yield of 15.7% on the guide price, which we consider a good investment.
The ground-floor retail unit is currently let until December 2026 at £8,000 per annum. In addition to this retail space, the unit includes a kitchen and cloakroom at the rear, with a staircase leading down to two lower-ground storage rooms with direct access to the rear service road. The two upper-floor flats are both let to long-term tenants. The top-floor flat we have been informed generates £3,380 per annum, while the middle-floor flat achieves £5,940 per annum (leases to be included within the pack), giving the property a rental yield of 15.7% on the guide price, which we consider a good investment.
About this agent
Providing Land & Property Auctions In Wales We never offer a one size fits all approach to selling or letting your home – it’s all about customising and recommending what’s best for you and your property. We are auction specialists too, with the results to prove it. Our sister brand All Wales Auction is sometimes recommended as the best way to achieve the highest price. However, we are also experts in utilising the private treaty and tender sales methods in the right situations. Award winning land & property Auctioneers - All Wales Auction has won a Best UK Auction Agency title 4 times. Auctions held in North & South Wales every 9 weeks throughout the year and an excellent selling success rate. Our senior auctioneer has been selling at by auction since 1995 and our team are qualified by both experience and examination (NAVA Technical awards). If you think auction may be the best method of sale for you we offer a free without obligation consultation.