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Wellfield Road, Carmarthen... 8 bed block of apartments for sale
Wellfield Road, Carmarthen, Carmarthenshire SA31
£345,000
Wellfield Road, Carmarthen, Carmarthenshire SA31
£345,000
Our Summary
- *Investment property* Fantastic investment opportunity to purchase this fully let block of flats generating an annual income of £34,260 producing an attractive gross yield of approximately 10%
Description
This investment property is a fully let block of 5 self-contained flats, generating an annual income of £34,260 and producing a gross yield of approximately 10%. The flats are located in a popular area of Carmarthen, within walking distance to the town centre, and feature a large plot with plenty of parking. Each flat has its own kitchen/lounge, bathroom, and bedroom(s), and benefits from electric heating and independent metering. The property has a satisfactory electrical certificate and smoke alarms installed throughout to comply with letting regulations. With a freehold tenure and a strong annual income, this is an attractive investment opportunity for anyone looking to generate a steady return.