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2 Queen Victoria Road, Llanelli, SA15 2TL

For Sale £ 445,000 For Sale
Llanelli  SA15 2TL Commercial Commercial Commercial Department » Print this page

 

Situation
This attractive property is situated on Queen Victoria Road, Llanelli, an approximate walk of 5 minutes from the town centre. Property on Queen Victoria Road is predominantly of a residential nature, but there are also guest houses and social clubs situated on the road.
Description
Briefly, this property comprises six self contained flats all varying in size which have been recently renovated to an extremely high standard. There are some parking facilities to the front of the property, although we note that the spaces there are not allocated.
Lease Details
All six flats are currently occupied under Assured Shorthold Tenancy Agreements, all varying in length and rents. There is no service charge for the communal areas and the Tenants maintain the areas between themselves.
There is currently an income of £30,576 per annum. Based on the current rents, a Gross Initial Yield of 6.87% is potentially achievable.
Terms
The Freehold interest in our clients property is available to purchase for £445,000 (Four Hundred and Forty Five Thousand Pounds).
Viewing
To make an appointment to view this premises, all interested parties are advised to contact the Sole Selling Agent, Dawsons Commercial.

Situation
This attractive property is situated on Queen Victoria Road, Llanelli, an approximate walk of 5 minutes from the town centre. Property on Queen Victoria Road is predominantly of a residential nature, but there are also guest houses and social clubs situated on the road.

Description
Briefly, this property comprises six self contained flats all varying in size which have been recently renovated to an extremely high standard. There are some parking facilities to the front of the property, although we note that the spaces there are not allocated.

Lease Details
All six flats are currently occupied under Assured Shorthold Tenancy Agreements, all varying in length and rents. There is no service charge for the communal areas and the Tenants maintain the areas between themselves.
There is currently an income of £30,576 per annum. Based on the current rents, a Gross Initial Yield of 6.87% is potentially achievable.

Terms
The Freehold interest in our clients property is available to purchase for £445,000 (Four Hundred and Forty Five Thousand Pounds).

Viewing
To make an appointment to view this premises, all interested parties are advised to contact the Sole Selling Agent, Dawsons Commercial.

Andrew Cox
01792 478 907
andrew.cox@dawsonsproperty.co.uk

Matthew Mason
01792 478 908
matthew.mason@dawsonsproperty.co.uk