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Murray Street, ., Llanelli, SA15 1DZ

Description

Murray street Llanelli. Fire damaged shop, flat and 6 x HMO needing internal renovation and fire damage to the rear extension.

The property is a licenced HMO to the top floors, a flat to the rear and a shop to the front. Access to the shop and the and HMO are via the front on Murray St (with separate entrances) and the flat is accessed at the rear of the building. The rear upper floor of the flat has been extensively damaged by fire.

The shop is rates free as it is under the rateable floor area. The HMO has a valid HMO licence.

The rents achieved before the fire were 6 x £350 pm for the HMOs, the rear flat was £400 pm and the vendor has been offered £850 pm for the shop giving an income of over £40,000 pa.

In the past year since the fire, rents in this area have increased to between £400 and £450 pm per room, the flat would be priced at £500 pm and the shop at £850 pm if the property were to be renovated to a good standard. This would increase rental income to closer to £50,000 per annum.
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: TBC
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Murray Street, ., Llanelli, SA15 1DZ

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Llanelli Station0.4 miles
  • Bynea Station2.8 miles
  • Llangennech Station3.7 miles
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About the agent

Sophie Hill Estate Agents, Aberdare

Llwydcoed Road, Llwydcoed, Aberdare, CF44 0TN

Sophie Hill Estate Agents, Aberdare

Sophie Hill is passionate about selling houses. She has gained a wealth of experience in Estate Agency working as a Sales Negotiator in Merthyr Tydfil. Now Sophie Hill is an independent Estate Agent, Sophie provides vendors with an enthusiastic, professional service and offers a knowledgeable and friendly service to her buyers.

Her ambition is to hold a comprehensive stock of all types of property throughout the Aberdare and the Cynon Valley. Providing services in Sales, Lettings & Mort

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Disclaimer - Property reference 687638. 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 Sophie Hill Estate Agents, Aberdare. 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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