INVESTMENT - 36 Station Road, Llanelli, SA15 1AN
For Sale £ 170,000 For Sale
Situated on Station Road, off Murray Street Llanelli, this property benefits from a prominent kerbside position. The property is within walking distance of the town centre and benefits from being easily accessible by public transport and highly visible.
This two storey property was previously used as a gym and is of a modular layout on the ground floor. The first floor benefits from three one bedroom flats, two of which are currently let on AST agreements.
The property benefits from water and electric utilities. Please note that during the course of our inspection, none of these were tested and interested parties should rely on the advice of a contractor.
Two of the flats on the first floor are let, producing an annual income of £8,160. There is potential to achieve a further £4,080 gross annual rent from the third flat.
Based on the potential income, an initial gross yield of 7.2% is potentially achievable without including the ground floor.
The ground floor has a Net Internal Area of 209 m2 (2253 ft2).
The Freehold interest in our clients property is available to purchase for £170,000.
To arrange a viewing, please contact the sole letting agent on the contact details below.
01792 478 907
01792 478 908