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The Old Bakery, Seven Stars Road... 7 bed flat for sale
The Old Bakery, Seven Stars Road, Welshpool
£550,000
The Old Bakery, Seven Stars Road, Welshpool
£550,000
Our Summary
- CALLING ALL LANDLORDS - an excellent investment opportunity to add to your portfolio by purchasing this block of 6 apartments located in a central area of Welshpool
- INVESTMENT OPPORTUNITY
- Investment opportunity
Description
This property is a block of six apartments located in the central area of Welshpool, offering an excellent investment opportunity. The apartments, converted from The Old Bakery in 2011, have been finished to a high standard and provide modern living in a quiet yet central location. Each apartment has been individually designed to make the most of the space, with a range of layouts and features. The property is currently let on Assured Shorthold Tenancies (ASTs) and generates an annual income of £37,200, providing a gross yield of 5.952% based on the current asking price. The location is within walking distance of local amenities and has a very low flood risk. The property is freehold and has mains electric, water, and drainage, as well as gas central heating. With ultrafast 1000Mbps broadband and a likely mobile service, this property offers a great opportunity for investors looking to add to their portfolio.