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Ithon Road, Llandrindod Wells, Powys... 15 bed block of apartments for sale
Ithon Road, Llandrindod Wells, Powys, LD1
£380,000
Ithon Road, Llandrindod Wells, Powys, LD1
£380,000
Our Summary
- *** CASH BUYERS ONLY ***This substantial investment opportunity on Ithon Road, Llandrindod Wells comprises a block of 7 self-contained flats and 1 cottage, presenting an excellent prospect for property investors
- The central location provides good transport links to neighbouring towns and cities, making it attractive to a wide range of potential tenants
- This investment opportunity represents a blank canvas for a savvy investor looking to secure strong rental yields in a picturesque Welsh location
- With the potential to generate substantial ongoing income, we strongly recommend viewing to fully appreciate the scale and opportunity this property presents
- Cash Buyers Only
- Investment Opportunity
- Potential to Add Further Flats
Description
This investment opportunity on Ithon Road, Llandrindod Wells, offers a substantial block of 7 self-contained flats and 1 cottage, presenting a excellent prospect for property investors. The property, with a total of 5,938 sq ft, offers a diverse rental mix of one, two, and three-bedroom accommodations across four floors, with a potential annual rental income of £51,600, providing an impressive 13% yield. Located in the charming spa town of Llandrindod Wells, the property benefits from local amenities within walking distance of the town centre, while also enjoying a convenient setting with easy access to the Welsh countryside and good transport links to neighbouring towns and cities. With a blank canvas awaiting renovation, this investment opportunity represents a strong prospect for a savvy investor looking to secure strong rental yields in a picturesque Welsh location.