Morannedd offers a superb opportunity to purchase a ready made investment income. Consisting of six self contained one and two bedroom apartments providing an income of £3,100 per month. All are gas centrally heated with mainly upvc double glazing. The property has been well maintained, was re roofed in 2005 and benefits from a fire alarm system throughout. There is ample parking at the front for all tenants. Previously Morannedd was a residential home and has been run as a guest house before the conversion to apartments by the current owners.
Tywyn is a delightful coastal town on the shores of Cardigan Bay. The area is surrounded by the famous Snowdonia National Park which is renowned for its natural beauty, with Talyllyn Lake, Dovey Estuary and Cader Idris nearby. For golfing enthusiasts there is a championship course at nearby Aberdovey. Sailing and all water sports are very popular at both Aberdovey and Tywyn plus sea and river fishing within easy distance.
The property comprises:
Wood door to porch and door to;
Original Minton tiled floor, panelled walls, staircase, door to rear lobby, built in cupboard, consumer unit, meters and fire alarm system.
Window to rear, shower cubicle, w.c and wash basin, towel rail.
Off lobby double doors to cellar access.
Cellar rooms 13` x 8` and 15` x 13`
Gloworm boiler for the conservatory and surgery flats only located here, consumer units and electric meter.
Off main entrance hall;
communal lounge 21`4 x 17`4
Upvc windows and door to front, wall lights, wood fire surround with electric stove effect fire, coving, picture rail, oak flooring, door to the surgery flat. (This room could be connected to the surgery flat ).
Living room / kitchen 17`6 x 14`
Upvc windows and door to front L shaped conservatory with radiator, kitchen units with laminate work top, gas cooker, sink and drainer, plumbed for washing machine, 2 x radiators, multi fuel stove, tv point, coving, picture rail.
Bedroom 13`5 x 11`5
Upvc French door to rear yard, radiator, fitted wardrobe and vanity unit. Ensuite Roll top bath with shower over, wash basin, bidet and w.c, fully tiled walls and floor, chrome towel rail.
Accessed off left hand side of Morannedd. Upvc double glazed door to lobby with tiled floor, door to communal lounge. Shower room Upvc window to side, w.c, wash basin, shower with curtain, wall mounted heater, tiled floor.
Kitchen 10`3 x 8`5
Upvc windows to side and rear, upvc door to rear, white units, laminate work-top, sink and drainer, halogen hob and built-in oven, tiled floor, plumbed for washing machine, radiator, consumer unit.
Lounge/bedroom 15`3 x 13`5
Upvc windows to rear, radiator, telephone and tv point, coving, picture rail, laminate floor.
Private entrance to right hand side of Morannedd.
Lounge / kitchen 15` x 13`
Upvc door and windows to front, white units, laminate work top, eye level oven, gas hob, plumbed for washing machine, sink and drainer, radiator.
Wood window to rear, shower with curtain, wash basin, w.c, tiled floor, Gloworm boiler, chrome towel rail, tiled walls.
Bedroom 13` x 9`8 max
Wood window to rear radiator, access to rear yard.
Of main hall, stairs to 1st floor landing, Gloworm boiler which runs the heating for the first floor flats only and 2 x gas meters.
Lounge 17`5 x 14`
2 upvc windows to front, radiator, white units, laminate work top, sink and drainer, plumbed for washing machine, gas cooker, wood burning stove, picture rail, coving.
Upvc window to rear, w.c, wash basin, shower cubicle, tiled floor, radiator.
Bedroom 13`6 x 11`6
Upvc window to rear, radiator, vanity wash basin.
Lounge / kitchen 14` x 13`8
Upvc windows to front and side, pine units, laminate work top, gas cooker, Belfast sink, plumbed for washing machine and dishwasher, telephone and tv point, radiator.
Bedroom 1 15`8 x 11`8
Upvc window to front and side, radiator, wood floor.
Accessed from main landing
bedroom 2 13`7 x 13`5
Upvc window to rear, radiator, picture rail, wood floor, 2 fitted cupboards. En-suite bathroom
Upvc window to side, bath with shower head handset, w.c, wash basin, tiled floor, part tiled walls, picture rail, radiator.
Stairs to second floor landing with fire escape access to rear.
Entrance hallway with laminate floor, built-in cupboard housing Gloworm boiler, telephone point.
Lounge 17`4 x 15`4
Upvc window to front, rear and side, radiator, wood floor.
Upvc window and 2 velux to front, radiator.
Velux to rear, bath with shower over, wash basin, w.c, radiator
Velux to rear, base units, laminate work top, gas hob, built-in oven, sink and drainer, plumbed for washing machine.
Main bedroom 13`7 x 13`5 plus T point into rear. Upvc to front, velux to rear, panelled walls and ceiling, built-in wardrobes, radiator.
Tarmac parking for several vehicles, lawn, mature trees.
Paved yard accessed by Conservatory and Grange flats.
Tenure The property is Freehold.
Services Mains water, gas, electricity and main drainage are connected.
Viewing stricty by appointment only with Welsh Property Services, Cambrian House, High Street, Tywyn, Gwynedd LL36 9AE. Telephone:
These particulars are produced in good faith, are set out as a general guide only and do not constitute any part of an offer or a contract. None of the statements contained in these particulars as to this property are to be relied on as statements or representations of fact. Any intending purchaser should satisfy him/herself by inspection of the property or otherwise as to the correctness of each of the statements prior to making an offer. No person in the employment of Welsh Property Services has any authority to make or give any representation or warranty whatsoever in relation to this property.
All measurements have been taken using a laser tape measure and therefore may be subject to a small margin of error.