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5 Castle Court, Castle Drive, Dinas Powys, Vale of Glamorgan CF64 4NS

Key features

  • GUIDE PRICE - £182,000+

Description

Bidding opens Monday 23rd June 2025 at Midday and closes Wednesday 25th June 2025 at Midday.

Opportunity to purchase a mixed use commercial / residential income producing investment which benefits from an annual income of £15,250.

The property is located on Castle Drive in the popular village of Dinas Powys opposite a shopping parade occupied by Tesco and a range of independent retailers. Dinas Powys is circa 5.5 miles south west of Cardiff City Centre and is situated on the A4055 road from Cardiff to Barry. It neighbours the larger town of Penarth.

The property comprises an end of terrace mixed use three storey property with a retail unit on the ground floor and a 3 bed residential mainsonette flat on the first and second floors.

Ground Floor The ground floor is currently occupied and fitted out for its current use as a barber shop comprising of 2 No rooms and a WC facility.
Flat A 3 bedroom maisonette flat with lounge, kitchen and bathroom, which is currently let and occupied.
Tenancy Information Ground Floor (Commercial)
Let at £7,750 per annum from 25th March 2025 expiring on 24th March 2030. There are fixed rent uplifts in 2026 & 2027 to £8,000 per annum and £8,500 per annum respectively. Rent is payable quarterly in advance on the usual quarter days.
First Floor & Second Floor (Residential) Let at £625 per calendar month, in our opinion the maisonette is under let and could offer betterment on the current income being generated.
Total income £15,250 per annum.
Viewings Via our partner agents Harris & Birt on .
Council Tax - C

Tenure: Freehold

EPC Rating: D

Administration Fee: 1.2% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts.

Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

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: C
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
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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Energy performance certificate - ask agent

5 Castle Court, Castle Drive, Dinas Powys, Vale of Glamorgan CF64 4NS

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About Auction House Wales, Wales

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With offices in Cardiff and Wrexham, Auction House Wales is experienced in selling property at auction across the Wales region. Unlike many other Auctioneers, we are a national brand with a local presence. Our team on the ground know the local area and understand the unique needs of our customers. If you're looking for your next property or land purchase, register today to start receiving property alerts to help with your search. If you have property to sell, get in touch with our local property experts to learn more about how Auction House can provide you with an easier way to sell your property in Wales.

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Disclaimer - Property reference 202506021601sq_28f1. 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 Auction House Wales, Wales. 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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