Mixed Use Sold STC
Cardiff Road, Nantgarw, CF15
£400,000 | Sold STC
Great investor opportunity to own a modern conversion consisting of 3 x residential apartments and 1 x commercial unit. All units are currently occupied with a gross yield of 11.77%.
NOTES:
The advertised purchase price is subject to VAT and can be transferred as going concern.
The commercial tenants have very recently renewed their lease for a further 2 years.
All of the residential apartments are fully compliant with occupation contracts in place. Every apartment is in good condition and there are no rent arrears.
The development is situated within easy access of transport links and the A470 for Heads of The Valley and M4 corridor.
Overview - Freehold substantial sized two storey detached converted property with outbuildings, private gardens and parking for roughly 11 plus vehicles which includes 2 with the infrastructure to install EV charging points.
Flat 1 - Modern 2 bedroom apartment. Fully compliant rental property achieving £775 PCM. Modern presentation with integrated appliances.
Virtual tour: http://bit.ly/4q7ShAo
Flat 2 - Modern one bedroom apartment. Fully compliant rental property achieving £675 PCM. Modern presentation with integrated appliances.
Virtual tour: http://bit.ly/47gYbrh
Flat 3 - Modern one bedroom apartment. Fully compliant rental property achieving £600 PCM. Modern presentation with integrated appliances.
Virtual tour: http://bit.ly/4oa9cAh
Commercial unit: Current rent is £1,875 PCM.
1,800 sq. ft. High quality and modern self contained office space. Refurbished traditional build, ground floor office only a minute from the A470 in Nantgarw.
The property comprises a modern refurbished traditional build, self-contained office building. The property provides high quality office space, located across the ground floor with a specification including:
• Recessed lighting
• Air conditioning
• Kitchen facilities
• Board room
• Shower facilities
• Video / Training room
• Male, female and disabled WC’s
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