4 bed terraced house for sale

Priory Street, Cardigan, Ceredigion SA43

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.