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SOLD STC

Penrhiwceiber Road, Mountain Ash, CF45 3SP

PROPERTY TYPE

Block of Apartments

BEDROOMS

2

BATHROOMS

3

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Key features

  • Semi Commercial Property
  • 2 One Bedroom Flats
  • Approximate 11% Yield
  • Great Investment

Description

Ramsay & White Estate Agents are delighted to present this semi-commercial property located on Penrhiwceiber Road, offering a fantastic investment opportunity with both residential and commercial rental streams. The property is comprised of a ground-floor retail unit, currently being used as a barbershop, with the potential to generate a monthly rent of £450 - £500 a month. The shop enjoys a prominent location with excellent footfall, making it a great asset for continued commercial use.

In addition to the retail unit, the property includes a self-contained 1-bedroom flat on the basement level. This flat features a private garden, offering tenants an appealing outdoor space. Currently achieving a rent of £450 per month with a tenant currently in place.

On the first floor, there is a further 1-bedroom flat that brings in £475 per month in rent. This spacious and modern flat is well-maintained with a tenant currently in place.

With a total combined rental income of £1,425 per month, the property offers an approximate gross yield of 11%. This is a highly attractive investment for those looking to secure a property with mixed-use potential and strong rental returns.

Penrhiwceiber is one of the many villages that make up the larger town of Mountain Ash, the property is ideal for commuters with the train station being a short walk away and the cross valley link road nearing completion giving direct access to the A470. Through the A470 you can gain access to the A465 & M4 opening up options to commute between Cardiff, Swansea, Abergavenny & Merthyr Tydfil all within approximately an Hour.
The village of Penrhiwceiber offers a selection of amenities including a local Co-op, takeaway restaurants and other expected services. The larger towns of Mountain Ash & Aberdare expand on the options available with a variety of superstores and Merthyr Tydfil Retail park all within a 20 minute drive.
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.
Yes
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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Energy performance certificate - ask agent

Penrhiwceiber Road, Mountain Ash, CF45 3SP

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About Ramsay & White Estate Agents, Aberdare

27 a & b High Street Aberdare CF44 7AA
Industry affiliations:

Jay Herbert, Joel White & Paul Davies have individually worked in the industry for a number of years gathering between them a wealth of knowledge with each of them specialising in a particular aspect of estate agency and finance.

After working years in the industry covering the Merthyr Tydfil & Aberdare areas it was pretty clear to them that something had to change, traditionally you had a choice between expensive high street agents and basic online agents there was nothing that ticked all the boxes.

They set out to combine the two and offer a premium service that has all the features of a traditional high street agent at the affordable price of an online agent without compromising on quality and still offering the local knowledge and friendly approach you deserve.

Run by locals, supporting the communities that we're so passionate about.

Contact us now for a free market appraisal!

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Years
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Monthly repayments
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Disclaimer - Property reference 686330. 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 Ramsay & White 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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