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5 bedroom apartment for sale
Queen Street, Pembroke Dock, Pembroke Dock
£200,000
Queen Street, Pembroke Dock, Pembroke Dock
£200,000
Our Summary
- A RESIDENTIAL PROPERTY INVESTMENT OPPORTUNITYA SIZEABLE END TERRACE BUILDING WHICH COMPRISES 3 SELF-CONTAINED FLATS PROVIDING A SUBSTANTIAL RENTAL INCOME - CIRCA 10% GROSS YIELDGENERAL Queen Street is well positioned for accessing the town centre amenities and the water front etc
- Furthermore, subject to consent, the rather overgrown Rear Garden may have further development possibilities
- Behind the Building is a sizeable but overgrown Rear Garden which, subject to permission, may have development potential
Description
This is a unique investment opportunity in Pembroke Dock, comprising a sizeable end-terrace building with three self-contained flats, generating a substantial rental income of approximately £19,140 per annum, providing a gross yield of around 10%. The property is well-positioned near the town center and waterfront, with on-street parking available. The three flats have been let well in recent years, and the overgrown rear garden may have potential for further development, subject to consent. The property features a mix of modern and period characteristics, including UPVC framed double-glazed windows, electric night storage heaters, and mains water, drainage, and electricity. With no gas supply, but available in the street, this property offers a rare chance to invest in a lucrative rental portfolio in a desirable location.