Property Details

Investment Property - Fish Lane, Pontypridd - Sold STC



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Investment Property - Fish Lane, Pontypridd - Sold STC

Pontypridd (CF37)

This property is to buy with a guide price of ...

£245000

and is Sold Subject to Contract

Bedrooms: 6


Description


FOR SALE
INVESTMENT PROPERTY
FISH LANE PONTYPRIDD
ASKING PRICE £245,000

MAIN FEATURES
CENTRAL PONTYPRIDD LOCATION
FREEHOLD INVESTMENT PROPERTY
COMPRISING THREE MODERN
SELF CONTAINED FLATS
ALL MAINS SERVICES GCH & DG
CURRENTLY LET & INCOME PRODUCING

DESCRIPTION LOCATION & DIRECTIONS; Barbara Rees is pleased to offer for sale this substantial three storey investment property originally built circa 1869 and constructed of brick / stone elevations beneath a pitched roof to comprise three self contained flats with modern facilities.

Access to flats 1 & 2 (known as Old Bridge Cottages) is gained off Fish Lane whilst access to Flat 3 (River View) is gained off Sion Street.

Pontypridd town centre is just five minute’s walk, the recently redeveloped Taff Vale centre and bus station is nearby, along with Pontypridd park and Lido, plus easy access to the A470 & M4.

See the site location plan below for local directions to the property.

VIEWING; Strictly accompanied viewing only by prior appointment via Barbara Rees.

FLAT ONE; Covered canopy porch entrance with car parking (off Fish lane), glazed panel front door leading to the entrance hall.

Combined lounge / kitchen diner (with a fitted kitchen), stairs leading up to a gallery study area, two bedrooms, bathroom with a bath and shower over, wc and whb.

Gas central heating (not tested) double glazing, river views.

Currently let and producing a calendar monthly rental of £550-00.

Energy rating, Current D = 59, Potential B = 88.

FLAT TWO; Covered canopy porch entrance with car parking (off Fish lane), glazed panel front door leading to the entrance hall.

Combined lounge / kitchen diner (with a fitted kitchen), stairs leading up to a gallery landing / study area, two bedrooms, shower room with a shower, wc and whb.

Gas central heating (not tested) double glazing, river views.

Currently let and producing a calendar monthly rental of £515-00

Energy rating, Current C = 72, Potential C = 72.

FLAT THREE; Vehicular driveway with car parking (off Sion Street) Glazed panel front door leading to the lounge.

Combined lounge / kitchen / diner (with a fitted kitchen), internal hallway, two bedrooms, bathroom with a bath and shower over, wc and whb, conservatory / storage area.

Gas central heating (not tested) double glazing.

Currently let and producing a calendar monthly rental of £550-00

Energy rating, Current C = 73, Potential C = 78.

GENERAL NOTES; Any information contained herein should be verified by prospective purchasers or their advisors prior to any formal commitment to purchase. The proceeds of crime act 2002 & anti money laundering rules 2007 require us to obtain both personal and residence identification from all purchasers where an offer has been made and accepted. Please arrange for the appropriate identification to be provided, when asked. The vendor has verbally informed us that the property is of freehold tenure and each flat has the benefit of all mains services although this should be confirmed by the acting solicitors. At the time of instruction each fat was let and income producing with an annual rent of £19,380 to represent a gross yield, at a shade under 8% p/a.

ASKING PRICE; £245,000

MORTGAGE; Available subject to status, please ask for an appointment with our independent financial adviser.



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