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Bryn Street, Newtown, Powys, SY16

Key features

  • Residential Investment Opportunity
  • Currently split into Six One Bedroom Units
  • Providing a useful income with potential to increase Currently let out on occupational contracts with a return of £21,600 per annum
  • Situated in the town’s Conservation Area
  • Close to town centre
  • Excellent rear garden
  • Electric Heating
  • EPC's- Flat 1 – E (49), Flat 2 – E (51). Flat 3 – E (52). Flat 4 – D (61). Flat 5 – E (54). Flat 6 - D (57) Exp March 2031

Description

Residential Investment Opportunity of a property which is currently split into Six One Bedroom Units. providing a useful income with potential to increase. There may also be potential to redevelop the site by returning the flats into Four Residential Units, subject to receiving the necessary planning approvals and consents. Currently let out on occupational contracts with a return of £21,600 per annum.
Some of the Tenants have been in residence for some time and there is potential to increase the rents to current market rental levels.
Situated in the town’s Conservation Area and the property benefits from an excellent rear garden and UPVC double glazed windows to the rear and is a short walk into the town centre which offers a range of amenities and facilities.

The accommodation comprises:
Communal Entrance Hall off Bryn Street with buzzers to all flats, fire alarm panel, rear door to Flats 1 & 2, Communal staircase to Flats 3 – 6. Flats 1 & 2 have their own doors into the rear garden and access via the communal hallway.

FLAT 1 (Ground Floor)
Entrance Hall
Bathroom
Bedroom 3.32m x 3.62m
Kitchen/Lounge 5.46m x 3.36m

FLAT 2 (Ground Floor)
Entrance Hall
Bathroom
Bedroom 3.47m x 2.54m
Kitchen/Lounge 4.23m x 5.65m

FLAT 3 (First Floor)
Entrance Hall
Bathroom
Bedroom 4.43m x 2.80m
Kitchen/Lounge 5.47m x 4.59m

FLAT 4 (First Floor)
Entrance Hall
Bedroom 3.49m x 2.38m
Bathroom
Box Room 2.57m x 2.08m
Living Area 4.06m x 2.75m open through to
Kitchen 1.99m x 2.61m

FLAT 5 (Second Floor)
Landing
Bathroom
Bedroom 4.46m x 2.85m
Kitchen/Lounge 5.49m x 4.56m

FLAT 6 (Second Floor)
Landing
Bedroom
Bathroom
Box Room 2.16m x 2.60m
Lounge 4.55m x 2.78m open through to
Kitchen 2.82m x 1.77m

OUTSIDE
Large communal garden area. Flat (1) currently has its own private garden

SERVICES
All the flats have their own meters and there are electric panel heating to all flats.
Mains electricity, water and drainage.

TENURE – Freehold.
All the Flats are on an Occupational Contract. Total Rents are £21,600 per annum with potential to increase.

EPC RATINGS:
Flat 1 – E (49)
Flat 2 – E (51)
Flat 3 – E (52)
Flat 4 – D (61)
Flat 5 – E (54)
Flat 6 - D (57)

Large communal garden area. Flat (1) currently has its own private garden

Brochures

Particulars

Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.

Band: A

Bryn Street, Newtown, Powys, SY16

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Newtown Station0.5 miles
  • Caersws Station4.9 miles
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About the agent

Morris Marshall & Poole, Newtown

10 Broad Street, Newtown, Montgomeryshire, SY16 2LZ

Morris Marshall & Poole, Newtown

Welcome to Morris Marshall & Poole - Estate Agents and Chartered Property Surveyors

Established in 1862 the estate agents and property surveyors firm has been serving the community for over 150 years and has built up an enviable reputation for integrity and professionalism in the field of residential,commercial and agricultural services.

We now have 8 offices able to offer these services from the Welsh Coast through the heart of Mid Wales to the Borders and central Shropshire.

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Disclaimer - Property reference NEW230414. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Morris Marshall & Poole, Newtown. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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