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High Street, Llanidloes, Powys, SY18 Flat for sale
High Street, Llanidloes, Powys, SY18
£115,000
High Street, Llanidloes, Powys, SY18
£115,000
Our Summary
- There is potential to increase the current rents
- Total rental per month is £1,000 - there is potential to increase the rent levels
Description
This 3-storey property is a Grade II listed building situated in the heart of Llanidloes, a popular market town with a rich history and plenty of amenities. The property has a retail unit on the ground floor, which is currently let to a tenant at £300 per month, and two flats above, which are occupied under occupational contracts at £350 per month each. The flats have electric heating and secondary glazed windows, and the property benefits from a yield of 8.2% based on the current asking price. The town has a range of shops, cafes, and restaurants, as well as primary and high schools, sports centers, and recreational facilities. The property also has the potential to increase its rental income, making it an attractive investment opportunity.