Overview:
Nestled in the heart of a much sought-after area in Wales, this attractive modernised Victorian commercial property presents an enticing investment opportunity. With a rising, inflation-proof monthly income of approximately £2,245, it offers a blend of charm, convenience, and profitability.
Property Description:
Dubbed as a "chocolate box" featured property, this Victorian gem holds immense appeal, particularly among artists and discerning investors. Enjoying picturesque views over the rooftops to the majestic mountains of North Wales, it exudes a captivating allure that will captivate prospective buyers.
Property Composition:
The property comprises two fully compliant flats, offering comfortable living spaces. One flat has two bedrooms, while the other boasts three bedrooms, providing versatile accommodation options. Both flats are held on short-hold tenancies, ensuring stability and income continuity for the discerning investor.
In addition to the residential units, the property features two commercial businesses, each held on lease. With 5 and 3 years remaining on the leases respectively, these businesses offer steady rental income streams, further enhancing the property's appeal as a lucrative investment opportunity.
Owner's Circumstances:
Having enjoyed ownership of this esteemed property for the past 14 years, the current owner is now embarking on a new chapter abroad, prompting the sale of this prized asset. This presents a rare opportunity for savvy investors to acquire a piece of Victorian charm in a highly desirable locatin.
Offer Details:
Offers are invited for the freehold of this remarkable property, with a guide price set at circa £895,000. With its blend of historic charm, modern amenities, and attractive income potential, this property represents a unique opportunity to invest in the vibrant real estate market of Wales.
Don't miss your chance to own a piece of Welsh history and secure a lucrative investment for the future. Contact us today to explore this exceptional property firsthand.
Key features:
- A Victorian commercial property in a much sought-after area of Wales
- A chocolate box featured property favoured by artists
- The property enjoys distant views over the rooftops to the picturesque mountains of North Wales
- Comprising two fully compliant 2 and 3-bed flats held on short hold tenancies and two commercial businesses held on lease with 5 and 3 years to run.
- Genuine sale as the owner is retiring overseas after 14 years of ownership
