Block of apartments for sale

Rooms

Location
93 St Catherine Street occupies a convenient and central position within the heart of Carmarthen, the historic county town of Carmarthenshire, offering easy access to a wide range of shops, cafés, services and leisure facilities, including St Catherine’s Walk Shopping Centre just a short walk away. The property also benefits from excellent transport links, with Carmarthen railway station and key road routes nearby, providing convenient connections across West Wales and beyond. This well-established town centre location combines everyday practicality with strong local amenities, making it an attractive setting for both residential and commercial use.

Tenure
Freehold

EPC (Energy performance Certifcate)
The property comprises a mix of residential flats and commercial units with varied Energy Performance Certificate (EPC) ratings, including Flat A rated E (49), Flat B rated E (41), Flat C rated E (42), Flat D rated C (69), Shop 1 rated B (37), and Shop 2 rated C (52), indicating a range of energy efficiency levels across the building, with scope for targeted improvements to further enhance performance and reduce running costs where required.

Council Tax
All residential units within the property are assessed as Council Tax Band A, representing one of the lower council tax bands and therefore comparatively modest annual charges, with billing and local services administered by Carmarthenshire County Council

Services
All properties within the building are connected to mains water and mains sewerage and are located within an area offering high-speed broadband availability, while heating is predominantly electric throughout, with the exception of Flat D, which benefits from mains gas central heating; we are also advised that the properties comply with current regulations, with valid EICR and gas safety certification in place where applicable, mains interlinked smoke detectors installed throughout, and appropriate occupation contracts in operation.

Construction
The property is understood to be of traditional construction, with the original structure comprising sandstone or limestone walls as built, together with later extensions of timber frame construction.

Floor Area
The approximate internal floor areas are as follows: Flat A extends to around 47 sq m (approximately 506 sq ft), Flat B to around 42 sq m (approximately 452 sq ft), Flat C to around 39 sq m (approximately 420 sq ft), Flat D to around 48 sq m (approximately 517 sq ft), Shop 1 to around 32 sq m (approximately 344 sq ft), and Shop 2 to around 14 sq m (approximately 151 sq ft), with all measurements being indicative and provided for guidance purposes only.

Chain Free

Rental Income
The property currently produces a total gross rental income of approximately £29,920 per annum (equating to around £2,493 per month). Shop 1 is let at £400 per calendar month (£4,800 per annum) from May 2025, Shop 2 at £250 per calendar month (£3,000 per annum) since 2014, Flat A at £340 four-weekly (approximately £4,420 per annum) occupied since 1990, Flat B at £475 per calendar month (£5,700 per annum) from March 2022, Flat C at £525 per calendar month including electricity (£6,300 per annum) from October 2020, and Flat D at £475 per calendar month (£5,700 per annum) from February 2017. Based on the current asking price of £250,000, this represents an attractive gross yield of approximately 12.0%, offering a strong and well-established income return across both the commercial and residential elements of the building.

Please Note
These property details do not constitute any part of an offer or contract. All floor plans, virtual tours, and measurements are provided for guidance only and are approximate. Prospective purchasers should satisfy themselves as to all aspects of size, layout, condition, access, and planning matters through their own inspections and enquiries. No services, systems, or appliances have been tested by Swift Relocations, and it will be the responsibility of the purchaser to ensure their satisfactory operation. Photographs may have been taken using a wide-angle lens and may depict items not included in the sale. Swift Property Services is the trading name of Swift Relocations Ltd (Company Registration Number: 7283983).