6 bed property

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6 bed property

Victoria Avenue, Rhyl, Denbighshire LL18
£242,000

Our Summary

  • Elwy are delighted to offer for sale an excellent investment opportunity: A well-maintained and attractive block of flats located in a popular residential area of Rhyl, close to local amenities and the picturesque Marine Lake

Description

This investment opportunity in Rhyl presents a well-maintained block of three spacious two-bedroom apartments, all fully let and generating a combined annual income of approximately £20,000. The property is licensed as a House of Multiple Occupation (HMO) and features a mains fire alarm panel system and emergency lighting for safety and compliance. Each apartment has its own unique features, including access to a rear garden, gas central heating, and double glazing. With an EPC rating of D or E, the property offers a fantastic return on investment and is ideal for landlords looking to expand their portfolio. The freehold property is available with no chain and is located in a popular residential area close to local amenities and the picturesque Marine Lake. Viewings are highly recommended to appreciate the potential of this excellent investment opportunity.