6 bedroom terraced house for sale

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6 bedroom terraced house for sale

Murray Street, ., Llanelli, SA15 1DZ
£129,999

Our Summary

  • Fire damaged shop, flat and 6 x HMO needing internal renovation and fire damage to the rear extension

Description

This property on Murray Street in Llanelli is a mixed-use building comprising a shop, a flat, and six HMO rooms, with separate entrances for each. The property has suffered fire damage, particularly to the rear extension and upper floor of the flat, requiring internal renovation. Despite this, the property has a valid HMO licence and has previously generated an income of over £40,000 per annum. With renovations, the property could potentially increase its rental income to closer to £50,000 per annum, based on current market rates of £400-£450 per room for the HMOs, £500 per month for the flat, and £850 per month for the shop.
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