Picton Place, Carmarthen, SA31

The Property
****RARE INVESTMENT OPPORTUNITY****
An opportunity to acquire a substantial registered HMO property in the heart of Carmarthen town. The property comprises a three storey Victorian residence and a four bedroom house which are currently configured to provide 19 rooms to accommodate students.Please visit:

studentaccommodationcarmarthen.co.uk

The main property, a former convent, offers potential to provide further accommodation (subject to consent), with the four bedroom house offering the potential to provide separate owners accommodation, having substantial gardens and grounds with ample car parking space.
Situated on the river Towy some eight miles from its estuary at Carmarthen Bay the town is the location of the newly opened S4C headquarters, the Carmarthen campus of The University of Wales Trinity St. Davids, the Dyfed Powys Police Headquarters and the West Wales General Hospital. The town is well served by numerous primary and secondary schools offering bi lingual education, and has seen massive regeneration of the town centre which now offers modern shopping facilities with most high street names together with numerous bars, restaurants, cinema and a multi storey car park.
The main property offers substantial accommodation which is arranged over three floors and arranged as follows: GROUND FLOOR: Hallway, Communal Lounge, Communal Kitchen and Utility Room, Three Letting Rooms. FIRST FLOOR: Landing, Communal Shower Room and Communal W.C. Seven Letting Rooms. SECOND FLOOR: Landing, Communal Shower Room / W.C. Five Letting Rooms.
The separate house would convert to provide separate owners accommodation if required (subject to consent), but is currently configured as follows: Ground Floor: Communal Kitchen, Communal Lounge, One Letting Room with En suite facility. First Floor: Three Letting Rooms (one with W.C.) Communal Shower Room. Externally ample parking and walled garden.


Ground Floor
HALLWAY Stairs too first floor. Doors to:

COMMUNAL LOUNGE 17'6" x 13'2" approx.

BEDROOM ONE 21'11" x 15'11" approx. Potential to split in order to create a further room (subject to consent).

BEDROOM TWO 17'6" x 13'2" approx.

BEDROOM THREE 12'10" x 8'5" approx.

INNER HALLWAY with access to:

BASEMENT currently used as a games room. Free standing gas fired central heating boiler.

KITCHEN 13'2" x 12'2" approx. Fully fitted with a range of eye and base level units. Wall mounted gas fired combination boiler which heats the domestic hot water.

UTILITY ROOM 11'10" x 8'0" approx.

First Floor
LANDING doors to:

BEDROOM FOUR 16'0" x 14'4" approx.

BEDROOM FIVE 14'6" x 13'4" approx.

BEDROOM SIX 9'0" x 8'7" approx.

BEDROOM SEVEN 11'8" x 10'5" approx.

BEDROOM EIGHT

BEDROOM NINE

BEDROOM TEN

COMMUNAL SHOWER ROOM / W.C

SEPARATE COMMUNAL W.C.



Second floor
LANDING with access to loft space. Doors to:

BEDROOM ELEVEN 14'5" x 11'2" approx.

BEDROOM TWELVE 13'4" x 12'5" approx.

BEDROOM THIRTEEN 10'10" x 9'0" approx.

BEDROOM FOURTEEN 11'8" x 10'5" approx.

BEDROOM FIFTEEN

COMMUNAL SHOWER ROOM / W.C.



The Cottage
To the rear of the main property lies The Cottage (known as 7a Picton Place) which is currently used to provide further student accommodation, but could be easily separated (subject to consent) to provide owners accommodation.

GROUND FLOOR

HALLWAY with under stairs storage space.

COMMUNAL LOUNGE 18'4" x 15'7" approx. Stairs to first floor. Doors to:

KITCHEN 15'6" x 11'8" approx. Fully fitted with a range of eye and base units. Wall mounted gas fired combination boiler.

BEDROOM ONE (16) 15'6" x 9'1" approx.

SHOWER ROOM with wash hand basin. Low flush W.C. Shower enclosure.


FIRST FLOOR

BEDROOM TWO (17) 14'0" x 9'4" approx.

BEDROOM THREE (18) 11'11" x 9'7" approx.

BEDROOM FOUR (19) 15'7" x 9'2" approx.

COMMUNAL BATHROOM fitted with a panelled bath. Wash hand basin. Low flush W.C.


Outside
To the side of the main property is a tarmacadam driveway providing ample parking for several vehicles.
To the rear of The Cottage lies a patio / seating area leading on to a lawned walled garden affording development potential (subject to consent).

General Information
Tenure: Freehold

Services: We understand that the property is served by mains water, electricity, gas and drainage.

Council Tax Band: 7 Picton Place: G
7a Picton Place: D

Please Note: The property is offered for sale with the benefit of an 100% occupancy between September 2023 and June 2024. We understand that the property produces a rental income in the region of £50k per annum.

Disclaimer for virtual viewings

Some or all information pertaining to this property may have been provided solely by the vendor, and although we always make every effort to verify the information provided to us, we strongly advise you to make further enquiries before continuing.

If you book a viewing or make an offer on a property that has had its valuation conducted virtually, you are doing so under the knowledge that this information may have been provided solely by the vendor, and that we may not have been able to access the premises to confirm the information or test any equipment. We therefore strongly advise you to make further enquiries before completing your purchase of the property to ensure you are happy with all the information provided.