John Street, Merthyr Tydfil £495,000



- Exceptional Investment Opportunity. 8 Large Flats. 4 x 1 Bed & 4 x 2 Beds
- Very Good Current Yield (8.5%) With Potential To Increase. Peppercorn Rental Income & A Share Of Maintenance Costs From The Shops Below
- Fully Occupied/Let With Some Long Standing Tenants
- Convenient Popular Location In The Heart Of The Town Centre Just A Stones Throw From All Shops, Cafes, Amenities & Retail Parks
- Excellent Transport Links To Cardiff, Newport & Surrounding Areas Via The Nearby Train Station & A470
- UPVc Double Glazing Throughout, Individual Gas Combi Boilers & Electric Supply For Each Flat.
- Impressive Very Large Grand Building. Well Presented & Maintained Throughout. Secure Intercom Entry System
- *****MUST VIEW*****
Located in the heart of Merthyr's Town Centre just a short walk from all shops, cafes, local amenities and the main train station is this exceptional investment opportunity of 8 very large and well presented flats. All fully occupied/let with long standing tenants the current yield of 8.5% has the potential to be improved based on current market conditions making this an even more attractive offering. Each flat has UPVc double glazing, gas combi boilers & all are very spacious with high ceilings and good sized light and airy accommodation throughout.
Merthyr itself is a bustling town on the outskirts of Cardiff with many retail and industrial parks along with ample recreational areas such as the highly desirable Brecon Mountain Railway & Bike Park Wales. Excellent road links and train networks make it popular with commuters in to Cardiff & surrounding areas. Grand in all senses, an excellent opportunity the agents highly advise viewing in order to fully appreciate all that this building has to offer.
Merthyr Tydfil CF47 0AE
Merthyr Tydfil CF47 0AE
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