15 bed flat for sale

Ithon Road, Llandrindod Wells, Powys LD1

*** cash buyers only ***

This substantial investment opportunity on Ithon Road, Llandrindod Wells comprises a block of 7 self-contained flats and 1 cottage, presenting an excellent prospect for property investors. With a potential annual rental income of £51,600 offering an impressive 13% yield, this property demands serious consideration from those looking to expand their portfolio.

The property's layout includes a mix of one, two and three-bedroom accommodations spread across four floors. The ground floor features a two-bedroom flat and a one-bedroom flat, the first floor offers a one-bedroom and a three-bedroom flat, while the second floor mirrors this arrangement. The third floor houses a spacious three-bedroom flat, completing this diverse rental offering. With a generous total of 5,938 sq ft, there's ample space awaiting your personal touch.

Located in the charming spa town of Llandrindod Wells, residents benefit from local amenities within walking distance of the town centre. The property enjoys a convenient setting with easy access to the beautiful Welsh countryside, while still being within reach of essential services. The central location provides good transport links to neighbouring towns and cities, making it attractive to a wide range of potential tenants.

This investment opportunity represents a blank canvas for a savvy investor looking to secure strong rental yields in a picturesque Welsh location. With the potential to generate substantial ongoing income, we strongly recommend viewing to fully appreciate the scale and opportunity this property presents.