Bridge Street, Aberystwyth, Ceredigion, SY23 1QB
10 Chalybeate Street
Tel: 01970 624328
About the Property
Conveniently located to the main town centre and shopping streets of the University town and seaside resort of Aberystwyth, a freehold investment property which is currently fully let and being offered for sale as a going concern and fully furnished for letting purposes. The property is arranged with a ground floor 1 bedroom studio flat and a 3 bedroom maisonette on the upper floors.
- Investment Property
- 1 Bed Ground Floor Flat
- 3 Bed Maisonette Upper Floors
- Convenient Location
Situation and Location
The property is situated along Bridge Street which leads to Great Darkgate Street being the main shopping street in the town centre. Aberystwyth is enjoying an increase in popularity as a business centre and as seaside resort in which to reside. It is favoured by all age groups as it enjoys an equable climate and there are good all-year-round entertainment activities within the town and outer parts.
The property is built of solid stone walls with exposed stone front elevations. The main walls support a pitched roof laid with natural slate. The property was converted some years ago into student-type accommodation and has now been adapted into two individual self contained flats.
The accommodation is arranged into two units and comprises as follows:
UPVC front entrance door leading to:
Stairs to first floor. Door to:
GROUND FLOOR FLAT
12'3 x 10'9 (3.73m x 3.28m)
Bay window to front. Night storage heater. 4 twin power points. BT point. Door to:
Shower cubicle. Pedestal wash hand basin. Low flush WC. Fan heater. Electric hot water heater. Linen cupboard.
11'8 x 6'4 (3.56m x 1.93m)
Range of fitted units comprising 5 wall cupboards, 5 base cupboards and 4 drawer cupboards. Worktops above incorporating single drainer sink. 4 ring hob. Built-in electric oven. Under stairs storage cupboard. Door to outside communal rear yard with door to:
11'1 x 6'9 (3.38m x 2.06m)
Previously a kitchen, now a useful general stores.
Approached by easy rise staircase to:
Panelled radiator. Single power point. Stairs to second floor. Door to:
Shower cubicle, Low flush w.c. Wash hand basin.
16'5 x 10'4 (5.00m x 3.15m)
Bay window and other window to front. 4 twin power points. BT points.
12'3 x 10' (3.73m x 3.05m)
Wall-mounted 'Worcester' gas-fired boiler which heats hot water and central heating. Oak-fronted fitted units comprising 8 wall cupboards, 6 base cupboards and a drawer cupboard. Worktops above incorporating sink, 4 ring gas hob and built-in electric oven. 5 twin power points.
Approached by easy rise staircase to:
Single power point. Door to:
12'3 x 7'7 (3.73m x 2.31m)
Window to front. Panelled radiator. 2 twin power points.
11'3 x 10'2 (3.43m x 3.10m)
Window to rear. Panelled radiator. 2 twin power points.
12'4 x 8'7 (3.76m x 2.62m)
Window to front. 2 twin power points. Panelled radiator. BT point.
Mains electric, gas, water and drainage connected. Telephone subject to BT terms and conditions. Council Tax Band 'B' for ground floor flat, and 'C' for upper flat.
The property will expressly appeal to investors seeking a town property with return on capital invested. The ground floor flat generates an income of £400 pcm and the 3 bedroom maisonette on the upper floors provides a rental income of £500 pcm. In total, £900 per month on a fully let basis. The property has been maintained and provides conveniently arranged flats suitable for the current letting market.
Whilst we endeavour to make our sales details accurate and reliable they should not be relied on as statements or representations of fact and do not constitute any part of an offer or contract. The seller does not make or give nor do we or our employees have the authority to make or give any representation or warranty in relation to the property. Please contact the office before viewing the property. If there is any point which is of particular importance to you we will be pleased to check the information for you and to confirm that the property remains available. This is particularly important if you are contemplating travelling some distance to view the property. We would strongly recommend that all the information which we provide about the property is verified by yourself on inspection and also by your conveyancer, especially where statements have been made by us to the effect that the information provided has not been verified. LLOYD HERBERT & JONES HAVE NOT TESTED ANY ELECTRICAL WIRING, PLUMBING, DRAINAGE OR OTHER APPLIANCES. THE MENTION OF ANY APPLIANCES AND OR SERVICES WITHIN THESE SALES PARTICULARS DOES NOT IMPLY THAT THEY ARE IN FULL AND EFFICIENT WORKING ORDER.
The successful purchaser will be required to produce adequate identification to prove their identity within the terms of the Money Laundering Regulations. Appropriate examples include: Passport/Photo Driving Licence and a recent Utility Bill.