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Priory Street, Cardigan, Ceredigion, SA43

PROPERTY TYPE

Terraced

BEDROOMS

4

BATHROOMS

4

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

Description

An excellent opportunity to acquire a mixed use freehold investment, comprising a commercial unit and four 1 bedroom apartments. The property also enjoys a good size rear garden which could either be kept with the ground floor flat or sectioned off to create an outside space for each of the dwellings.
The entire building has an estimated monthly income of approximately £2800 equating to over £33,600 per year with a rental yield of 11.6%. Viewing is highly advised as this is an excellent opportunity not to be missed! Please contact the Cardigan office to arrange a viewing.

The property is situated in the heart of Cardigan town, close to all of the towns amenities, facilities and shopping high street with a mixture of local independent and national retailers, places to eat and drink, schooling and health centres.

Accommodation

Enter via double glazed front door to:

Entrance Hall And Lobby

Doors opening to:

Commercial Unit

7.57m x 4.8m

Sink unit, WC and wash basin, access to the cellar, large double glazed shop window to the front, external door to the rear. Currently let at £400 per month.

Flat One Accommodation

Enter via frosted double glazed door to:

Kitchen

3m x 2m

Fitted with a range of modern wall and base units with work tops over, single drainer sink unit, electric over and 4 ring hob with pull out extractor hood over, plumbing for washing machine, space for white goods. Part tiled walls, double glazed window, Worcester gas fired combination boiler, tiled floor, radiator, doors to:

Shower Room

1.98m x 1.85m

Shower cubicle, pedestal wash hand basin, WC, tiled flooring, part tiled walls, radiator, frosted double glazed window.

Living Room

4.04m x 3.15m

Double glazed patio doors to rear, radiator, door to:

Bedroom

3.35m x 3.05m

Double glazed window to the side, radiator.

Rental Value

£625 per month

First Floor

Flat Two Accommodation

The flat is currently undergoing extensive refurbishments which will be completed upon the sale. Enter via entrance hallway, doors opening to:

Shower Room

2.13m x 2.13m

Double shower cubicle, pedestal wash hand basin, WC, part tiled walls, frosted double glazed window, radiator.

Living Room

5.18m x 2.87m

Double glazed window to the side, radiator, doors opening to:

Kitchen

3.89m x 2.06m

Fitted with a range of modern wall and base units with work tops over, single drainer sink unit, electric over and 4 ring hob with pull out extractor hood over, plumbing for washing machine, space for white goods. Part tiled walls, double glazed window to the rear, Worcester gas fired combination boiler, radiator.

Bedroom

3.66m x 3m

Double glazed window to the rear, radiator.

Rental Value

£650 per month.

Flat Three Accommodation

Enter via entrance hallway, doors opening to:

Kitchen

3.48m x 2.26m

Fitted with a range of wall and base units with work tops over, single drainer sink unit, electric oven and hob with extractor hood over, plumbing for washing machine, space for white goods. Part tiled walls, double glazed window to the rear, Worcester gas fired combination boiler, radiator.

Living Room

3.96m x 3.33m

Double glazed window to the front, radiator.

Bedroom

3.96m x 2.74m

Double glazed window to the front, radiator.

Shower Room

1.98m x 1.52m

Double shower cubicle, wash hand basin, WC, tiled flooring, radiator.

Rental Value

Currently rented at £550 per month.

Second Floor

Flat Four Accommodation

Enter via entrance hallway with access to the loft and doors opening to:

Kitchen/Living Room

6.17m x 2.51m

Fitted with a range of wall and base units with work tops over, single drainer sink unit, breakfast bar, space for cooker with extractor hood over, space for white goods, part tiled walls, double glazed windows to the front, electric radiator.

Bedroom

2.6m x 2.6m

Double glazed skylight, electric radiator.

Shower Room

1.68m x 2m

Shower cubicle, vanity wash hand basin, WC, double glazed skylight, part tiled walls.

Rental Value

£575 per month.

Externally

There is a good size lawned garden to the rear. This could either be sectioned off to provide an outside area for each of the flats or kept with flat 1 (ground floor)

Services

We are advised that mains electricity, water, drainage and gas are connected to the property. Gas is connected to Flats 1, 2 and 3 with electric heating in the shop and Flat 4.

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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Priory Street, Cardigan, Ceredigion, SA43

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About John Francis, Cardigan

20 High Street Cardigan SA43 1JJ
Industry affiliations:Industry affiliation logo 0Industry affiliation logo 1Industry affiliation logo 2

John Francis sold more properties in South West Wales' SA post code in 2021 than any other agent. (Portal Verified Data)

John Francis Estate Agent has been serving the property needs of customers since 1873 and annually we sell more properties in the SA post code than any other agent.

If you have a property to sell or let, or are looking for your next home, we have the experience and expertise to help. We have an extensive 19 strong sales branch network throughout West Wales and 5 lettings departments, each conveniently located in town centres. All of our sales branches are linked, enabling us to promote properties throughout the region.

To sell or let your property for the best price, we advertise across the largest property websites in the UK where we reach thousands of potential buyers every day. Our staff are very often from the local community, so they understand the marketplace and can offer guidance specific to your personal needs. It is this market-leading level of service that keeps our customers coming back time and again.

We also sell properties by auction and keep our traditional style auction which is now held Online in house so you maintain contact with the local branch but a specialist auction department oversees every aspect of the sale. When choosing where to buy or sell, historic results are no guarantee of satisfaction, but they are the best indication on where you can place your trust!

Our Commercial department is a specialised department based in Narberth and covers west Carmarthenshire including Carmarthen town itself, Pembrokeshire & Ceredigion.

Your mortgage

Per year
Lender usually expects a 10% deposit
%
Choose between 1 and 40 years
Years
%
Monthly repayments
£1,345
We think you can borrow up to
Add your household income above
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Disclaimer - Property reference CRD250222. 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 John Francis, Cardigan. 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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