Barbara Rees is pleased to offer for sale, this completed development of four self contained flats, having been converted from a two storey house and former workshop in 2008 / 09....
MAIN FEATURES:
A DEVELOPMENT OF FOUR SELF CONTAINED FLATS
INCOME PRODUCING INVESTMENT OPPORTUNITY
FOR SALE AS ONE LOT
DESCRIPTION & LOCATION; Barbara Rees is pleased to offer for sale, this completed development of four self contained flats, having been converted from a two storey house and former workshop in 2008 / 09.
The development comprises three ground floor units and one first floor flat plus a part covered and enclosed courtyard.
Lilly Street is located just off City Road in Roath Cardiff where all amenities are immediately to hand.
The flats are to be sold with the benefit of the existing tenancies and rental income.
VIEWING & DIRECTIONS; Staff at our Crwys Road Office in Cathays will be pleased to arrange an accompanied viewing and provide local directions upon request.
GROUND FLOOR FLAT (FRONT); Lounge, kitchen diner, one bedroom, bathroom gch & double glazing.
FIRST FLOOR FLAT (FRONT); Lounge, kitchen diner, two bedrooms, bathroom, gch & double glazing.
GROUND FLOOR FLAT (REAR LEFT); Lounge kitchen diner combined, one bedroom, bathroom, economy seven heating.
GROUND FLOOR FLAT (REAR RIGHT; Lounge kitchen diner combined, one bedroom, bathroom, economy seven heating.
SERVICES & UTILTITIES; Each flat is separately serviced.
TENANCIES; At the time of instruction three of the flats were currently let (November 2011) and the collective development, when fully let, is capable of producing circa £1850-00 per month.
EXTERIOR; Communal courtyard / refuse store.
GENERAL NOTES; Any information contained herein should be verified by prospective purchasers or their advisors prior to any formal commitment to purchase. The proceeds of crime act 2002 & anti money laundering rules 2007 require us to obtain
both personal and residence identification from all purchasers where an offer has been made and accepted. Please arrange for the appropriate identification to be provided, when asked. Detailed tenancy information and a breakdown of the current rental is available
from our Cardiff office upon request.
OFFERS ARE INVITED GUIDE PRICE; £280,000 offers invited
BUSINESS / INVESTMENT MORTGAGE; Available subject to status, via our associated independent financial advisors. Please request an appointment