33 & 34, Smithfield Street, Llanidloes, Powys, SY18

£300,000

Guide price

Residential Investment Opportunity. Located a short distance from the town centre. No 33 divided into 3 2-bedroomed self contained flats. No 34 a 2-bed dwelling on three floors. All main services. Gas central heating. Potential gross yield of 6.12% on the asking price if fully occupied.

Accommodation:

33 SMITHFIELD STREET

Ground floor:

with communal entrance hall, fire alarm, emergency lighting, staircase to first floor

Flat 1

Entrance Hall

radiator

Sitting Room

4.93 x 3.77 (16'2 x 12'4 )

radiator

Kitchen

3.85 x 2.88 (12'8 x 9'5 )

with range of base & wall units, worktop surfaces, integral oven & hob with extractor hood, space for appliances, radiator

Bedroom 1

4.35 x 2.86 (14'3 x 9'5 )

radiator, cupboard housing the gas central heating boiler

Bedroom 2

2.99 x 2.87 (9'10 x 9'5 )

radiator

Shower Room

wash basin, w.c., shower cabinet with thermostatically controlled shower head, radiator, extractor fan, window

First floor:

Flat 2

approached via staircase from the ground floor

Hallway

Sitting Room

5.10 x 3.80 (16'9 x 12'6 )

2 radiators

Kitchen

2.91 x 4.16 (9'7 x 13'8 )

range of base & wall units, tiled splashback, electric cooker, gas hob, cooker hood, radiator, space for washing machine

Shower Room

with shower cubicle, w.c., wash basin, radiator, fan, shaver light & socket

Bedroom 1

4.36 x 2.86 (14'4 x 9'5 )

radiator, wardrobes with shelves & hanging fitment, gas fired boiler

Bedroom 2

2.88 x 2.98 (9'5 x 9'9 )

radiator

Second floor:

Flat 3

approached from staircases from the ground floor

Entrance Hall

radiator

Kitchen/Dining Area

with stainless steel sink unit, fitted base, drawer & wall cupboards, worktop surfaces, tiled splashbacks, built in electric oven & gas hob, extractor hood over, radiator

Sitting Room

radiator

Shower Room

with shower cubicle, low level w.c., pedestal wash basin, shaver light & socket, radiator, fully tiled walls

Bedroom 1

radiator

Bedroom 2

radiator

Services:

Mains gas, electricity, water & drainage connected to each flat

Gas fired central heating in each flat

NB The services, flues and appliances have not been inspected and no warranty is provided with regard to their condition

Outside:

Private communal parking

Energy Performance Certificates:

A full copy of the EPCs are available on request or from our website.

Flat 1 - D(66)

Flat 2 - C(71)

Flat 3 - D(63)

Tenure:

Freehold.

Flat 1 is currently let on an assured shorthold tenancy from 16th July 2018 at £385 pcm

Flat 2 is currently vacant, being advertised at a rental of £375 pcm

Flat 3 is currently let on an assured shorthold tenancy from 19th September 2016 at £375 pcm

Council Tax:

All flats are Band 'A'

34 SMITHFIELD STREET

Ground floor:

Sitting Room

front entrance door, radiator

Kitchen/Diner

fitted units, built in oven & hob, 2 radiators, rear entrance door, staircase to first floor

First floor:

Landing

radiator, staircase to second floor

Front Bedroom 1

Radiator

Shower Room

with shower, pedestal wash basin, low level w.c., radiator, gas fired boiler

Second floor:

Bedroom 2

Radiator, exposed beams

Services:

Mains gas, electricity, water & drainage connected

Gas fired central heating

NB The services, flues and appliances have not been inspected and no warranty is provided with regard to their condition

Outside:

Private communal parking

Tenure:

Freehold. The property is currently let on an assured shorthold tenancy from April 2017 at a rent of £395 pcm

Council Tax:

Band 'B' (online enquiry)

Energy Performance Certificate:

A full copy of the EPC is available on request or from our website. EER = 77(C)

Rental Income/Yield:

The gross rental when fully occupied using the quoted figures is currently £18,360.

The gross yield achieved on the asking price is 6.12%.

To View:

Strictly by arrangement with the agents

Directions:

From our office in Great Oak Street, proceed to the Old Market Hall turning left onto China Street. Follow the road around to the right, passing the entrance to the Gro Car Park and the properties are a short distance on the right hand side.

Money Laundering Regulations:

On putting forward an offer to purchase you will be required to produce adequate identification to prove your identity within the terms of the Money Laundering Regulations (MLR 2017 came into force 26th June 2017). Appropriate examples: Passport or Photographic Driving Licence and a recent Utility Bill.

Mortgage Services:

If you require a Mortgage, (whether buying through MMP or any other agent), then please get in touch, we have an in-house, Independent of MMP/NL mortgage advisor who has access to thousands of mortgage products. No waiting period. Evening, weekend and home appointments available. Contact any of our offices for further information.

MMP Survey Department:

:

If you are not buying through MMP then why not let our qualified surveyors inspect and report on the home you are buying before you complete the purchase.

We are able to undertake RICS HomeBuyer Reports and RICS Condition Reports that will provide you with a comment on any significant defects or repair items. For further information contact - Robert Thomas, MRICS - Tel: 01970 625020

Website:

To view a complete listing of properties available For Sale or To Let please view our website: www.morrismarshall.co.uk. Our site enables you to print full sales/rental particulars, book viewings, register your requirements on our mailing list and arrange a valuation of your property.

MORRIS MARSHALL & POOLE

01686 - 412567

03/19 AHT

Arrange viewing 01691 679595

Morris Marshall & Poole - Oswestry

16 Leg Street, Oswestry, Shropshire

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