End terrace house for sale in Ship Street, Brecon LD3
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Property features
- Mixed use investment property for sale
- Prominent location a short walk from the town centre
- Ground floor shop, one self contained flat and 7 bedsits
- Three shared kitchens and three shared shower rooms
- Rental income of £35,200pa.
Property description
The shop is let to a bicycle company. The tenant has been in occupation since November 2006 although there is no lease in place. It extends to 109 sq.m and the tenant pays £8,160 pa. They look after the internal of the shop and the landlord the external.
The apartment and bedsits are let on occupation contracts and many tenants have been there a long time. They have electric panel heaters and their own electric meters. Flat 1 is self-contained and the accommodation comprises of a kitchen/living room, shower room and bedroom. Their rent is £75 per week.
Bedsits 2 and 3 share a kitchen and shower room. Bedsit 2 is let at £65 per week and bedsit 3 is let at £60 per week.
Bedsit 4 & 5 share a kitchen and shower room. Both rents are £65 per week.
Bedsits 6,7 & 8 are on the second floor and share a kitchen and shower room. Two are let at £65 per week and one at £60 per week.
The showers and kitchens have coin meters which the landlord collects and pays for.
The bedsits generate £27,040pa.
Flat 1 is a council tax band A which the tenant pays. The other bedsits come under the council tax band b’s which the landlord pays. The landlord pays the water bills.
Property info
For more information about this property, please contact
James Dean Estate Agents, LD3 on +44 1874 431961 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by James Dean Estate Agents, and do not constitute property particulars. Please contact James Dean Estate Agents for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.