Penrallt Street, Machynlleth, Powys, SY20

£220,000

1 Bedroom Flat for sale in Powys

1 1 1
  • Valuable Investment Opportunity
  • Imposing End-Terraced 4-storey Property
  • Fully let commercial ground floor
  • 3 Self-contained flats above
  • Electric heating
  • Traditionally constructed
  • Fully Let - approximately income £23,720
  • CEPC - D91 Expiry 30/11/2031
  • EPC - Flat 1 - E39 Expiry 30/11/2031
  • EPC - Flat 2 - E46 Expiry 02/12/2031

Situated in the centre of Machynlleth, a rare opportunity to acquire an excellent investment property providing good return from a commercial premises on the ground floor and 3 self-contained flats above, combined rent circa ?.

Our vendors are reluctantly placing this substantial property on the open market due to retirement and offers potential to provide a well maintained mixed commercial/residential premises, which at the time of writing, is fully let and managed through our own offices in Machynlleth.

The ground floor tenant is an established Antique Business, whereas the flats on the upper floors are a combination of 1 & 2 bedroom self-contained units and are fully let with no arrears. Centrally heated throughout, the accommodation briefly comprises:

Flat 1 - First Floor

Lounge
Kitchen
Shower Room
Bedroom

Flat 2 - Second Floor

Entrance door leads to Hallway and through to
Sitting Room; L-shaped with storage heater, sash windows to front.
Bedroom with storage heater.
Kitchen/Dining Room; with a range of base and eye level units and storage heater.
Bathroom; white 3 piece suite and airing cupboard.

Flat 3 - Third Floor

Shared staircase to Landing
Open Plan Living Room/Kitchen (28' x 15')
Bedroom (10'3 x 8'10)
Shower Room

Please note that a charge of £36 per person will be applied to cover mandatory anti-money laundering checks.

Important Information

  • This is a Freehold property.

Property Ref: MAC250157

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