For Sale

The Old Bakery, Seven Stars Road, Welshpool

  • Availability: For Sale
  • Bedrooms: 7
  • Bathrooms: 6
  • Reception Rooms: 6
£625,000 Guide Price
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  • Floorplan
  • Floorplan
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Property Features

  • INVESTMENT OPPORTUNITY
  • 6 APARTMENTS - ALL CURRENTLY LET
  • 5 PARKING SPACES
  • TOWN CENTRE LOCATION
  • EPC RATING- APT 2 - B
  • EPC RATING - APT 1, 3,4,5,6 - C

Property 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. Each apartment has been individually designed to make the most of the space. There are 5 parking spaces outside. All apartments are currently let on AST.

Full Details

DESCRIPTION
The Old Bakery was converted into apartments in 2011 and has been finished to a high standard throughout. The property provides modern living in a quiet but central location which has been popular on the rental market.
All apartments are currently let and the annual income is £37,200 giving a gross yield of 5.952% based on the current asking price.
Located in a town center location, they are within walking distance of all local amenities. Further parking facilities are close by should tenants require further parking.

APARTMENT 1
A ground floor two bedroom apartment with entrance hall, siting room, kitchen and bathroom.

APARTMENT 2
A first floor one bedroom apartment with entrance hall, sitting room, kitchen, bedroom, dressing room and shower room.

APARTMENT 3
A one bedroom apartment set over two floors (1st & 2nd floors) with open plan sitting room/dining room/kitchen, bedroom and shower room.

APARTMENT 4
A one bedroom second floor apartment with open plan sitting room/dining room/kitchen, bedroom and shower room.

APARTMENT 5
A one bedroom second floor apartment with open plan sitting room/dining room/kitchen, bedroom and shower room.

APARTMENT 6
A second floor, one bedroom split level apartment with open plan sitting room/dining room/kitchen, bedroom and bathroom.

GENERAL NOTES
TENURE
We understand the tenure is Freehold. We would recommend this is verified during pre-contract enquiries.
SERVICES
We are advised that there is mains electric, water and drainage. Gas central heating. We would recommend this is verified during pre-contract enquiries.
BROADBAND
Data taken from On The Market
Download Speed: Ultrafast 1000Mbps. Mobile Service: Likely
FLOOD RISK
Very Low Risk.
COUNCIL TAX BANDING
We understand the council tax band is A. We would recommend this is confirmed during pre-contact enquires.
SURVEYS
Roger Parry and Partners offer residential surveys via their surveying department. Please telephone 01743 791 336 and speak to one of our surveying team, to find out more.
REFERRAL SERVICES: Roger Parry and Partners routinely refers vendors and purchasers to providers of conveyancing and financial services.

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