For Sale 5 Bedrooms 3 Bathrooms 3 Receptions OIRO £230,000

Church Street, Barmouth, LL42 - OIRO £230,000

Splendid investment opportunity with three apartments for sale occupying one half of a double-fronted stone building. There is also a small shop premises in the Cellar area. The apartments comprise a 1-bedroomed flat on the ground floor, a Bedsitting room flat on first floor and a 3-bedroomed maisonette on top two floors. Up to date fire precautions are in force and all the flats have separate utilities including gas-fired central heating. Two lower flats are currently let out and the maisonette is available. Rental income is as below:-

Flat 4 - 1-bedroomed flat £340 pcm

Flat 5 - Bedsitting Room £340 pcm

Flat 6 - 3-bedroomed maisonette potential of £500 pcm

Basement Shop - £1250.00 per annum

With slight improvements the smaller flats and shop could attract a higher rental income.

Barmouth is a popular seaside resort situated at the mouth of the Mawddach River in an area of great scenic beauty, with miles of beach stretching northwards towards Harlech. The town has a harbour and is well supplied with shopping, educational and sporting facilities and there is a station on the Cambrian Coast Railway line with connections to Shrewsbury, Birmingham and London.

****Please note the vendor owns the adjacent property and is willing to sell both sides together. The adjacent property is currently all let out. Please call our office for further details.****

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Descriptions of the property are subjective and are used in good faith as an opinion and NOT as a statement of fact. Please make further specific enquires to ensure that our descriptions are likely to match any expectations you may have of the property. We have not tested any services, systems or appliances at this property. We strongly recommend that all the information we provide be verified by you on inspection, and by your Surveyor and Conveyancer.