>
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 to purchase a sizeable end-terrace building in Pembroke Dock, comprising three self-contained flats that generate a substantial rental income of circa 10% gross yield. The property is well-positioned near the town center, waterfront, and conservation area, with on-street parking available. The three flats, A, B, and C, each have their own unique features, including living rooms, kitchens, bedrooms, and bathrooms. The property also has a small yard/garden for Flat A and a sizeable but overgrown rear garden that may have development potential, subject to permission. The building is freehold, with the flats let on occupational contracts, and the total rental income is £19,140 per annum. The property requires modernization and updating, but offers a great opportunity for an investor to generate a steady income stream.