Block of flats for sale in Flats 1-8 East Lynne, Temple Street, Llandrindod Wells, Powys LD1
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Property features
- Advised Freehold - to be verified by solicitor
- The property is fully let - Income to be confirmed
Property description
For sale by online auction - Lot 63 - Residential Investment
Bidding opens: 27/08/2024 12:00
Auction scheduled to end: 29/08/2024 19:04
online auction from 27th august-29th August
Situated in the historic spa town of Llandrindod wells, an opportunity to purchase an investment property consisting of 8 self contained apartments located in a large Victorian property, situated in a terrace of 3 similar properties.
The property has undergone extensive refurbishment in the last few years, with all new wiring, central heating systems and decoration throughout. All apartments are currently let and based on the current for sale price, the property returns just over 9% income per annum.
Briefly the property comprises: Five one-bedroom flats and three two bedroom flats, all flats benefit from full central heating with individual electric boilers and radiators. All tenancy's are by way off the new occupation contracts.
Llandrindod Wells has a mix of small independent shops, eateries and public houses, doctors, dentists, hospital with a small injury department, library, high school, two supermarkets, leisure centre, golf course, train, bus station and boating lake. The whole area around Llandrindod Wells is noted for its stunning scenery and the range of outdoor activities on offer.
Tenure:
Advised Freehold - to be verified by solicitor
Tenancies:
The property is fully let - Income to be confirmed
Property info
For more information about this property, please contact
Paul Fosh Auctions, NP20 on +44 1633 371140 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Paul Fosh Auctions, and do not constitute property particulars. Please contact Paul Fosh Auctions for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.