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Area stats10 bedroom block of apartments for sale
Cross Street, Abergavenny
Sold STC
Block of apartments
10 beds
5 baths
Key information
Features and description
- Investment Opportunity
- Freehold Property
- Ground Floor Retail Space
- Five Two bedroom Appartments
- 200m From Town Centre
- Gross Income £47,000 p.a.
An excellent freehold investment opportunity located in a busy secondary shopping area just 200 metres from the centre of Abergavenny. The property comprises a ground floor lock up Class E (formerly A1) retail space of some 415 Sq Ft. The shop unit has recently been re-let on a new 5 year lease at an annual rent of £8,000.00. To one side of the retail space is a separate Front Entrance door which leads to an inner hallway with a private entrance door to a ground floor, two bedroomed flat at the rear of the building. Within the communal hallway is a staircase which provides access to the first and second floors, each of which has two separate, self-contained two bedroom flats giving 5 x two bedroomed apartments in total all of which have been continuously let on Occupational Contracts (previously Assured Shorthold Tenancies) for some 14 years. The gross income from the whole property currently stands £47,000 per annum which equates to a yield of just over 9.7%. For further details, please contact owners agent Christie Residential
Tenure: Freehold
Tenure: Freehold
Area statistics
Crime score
Moderate crime
6/10
About this agent
Established in April 2004, the primary aim of Christie Residential is to assist buyers and sellers, landlords and tenants with their property requirements by providing sound advice and first rate customer service in and around the Abergavenny, Crickhowell and the surrounding areas. Over the years we have gained an excellent reputation for delivering impressive results and exceeding our clients’ expectations. We fully understand that in this competitive marketplace everyone has a choice but are confident that Christie Residential are the right choice for you and here are just a few reasons why: We offer an extensive online presence including Rightmove and Onthemarket.com Accompanied viewings at all times We are open from 9.00am until 6.00pm on weekdays and 4.00pm Saturdays, with out of hours’ appointments available on request We provide feedback after every viewing along with regular marketing reviews with statistical analysis Four page full colour brochures, professionally prepared with 3D floorplans on all Sales properties. Also a virtual tour of your property is provided as standard. A personalised service throughout the sales process; from marketing, securing an offer and through to a successful completion Christie Residential has a permanent central Abergavenny town centre location