This property is no longer on the market
Land
Key information
Property description & features
- Tenure: Freehold
- The title is Freehold, however, the shop underneath is on a long leasehold - to be verified by solicitor
- To be sold with vacant possession but once completed the flats could achieve the following rents: Studio - £375-£400 pcm 1 bedroom - £450-£475 pcm 2 bedroom -...
ONLINE AUCTION from 20th JUNE - 22nd JUNE
An opportunity to acquire a freehold HMO building with planning for conversion to 5 self-contained flats. The development will comprise two x 1 bedroom flats, two x 2 bedroom flats and two x studio apartments.
The property is just a short distance from the town centre and is Grade II listed in a conservation area with its wide range of amenities and shops and there are also great road links via the A40 to the M4 and access to the stunning West Wales coastline. The property is currently configured as 6 bed HMO that is vacant and is not liveable.
Planning:
The property has planning for conversion to 5 self contained flats.
Planning application no 21/0600 - Pembrokeshire Council
Flat 1: 1 bedroom flat 42m2
Flat 2: Studio 27m2
Flat 3: 1 bedroom flat 36m2
Flat 4: Studio 27m2
Flat 5: 2 bedroom 52m2
VIRTUAL TOUR
Tenure:
The title is Freehold, however, the shop underneath is on a long leasehold - to be verified by solicitor
Tenancies:
To be sold with vacant possession but once completed the flats could achieve the following rents:
Studio - £375-£400 pcm
1 bedroom - £450-£475 pcm
2 bedroom - £550-£575 pcm
Total - £2,325 pcm / £27,900 pa
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Property reference 210103. 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 Paul Fosh Auctions - Newport.
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