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2 bedroom detached bungalow for sale
Fairwinds, Alltycnap Road, Johnstown, Carmarthen, SA31 3QY
£225,000
Fairwinds, Alltycnap Road, Johnstown, Carmarthen, SA31 3QY
£225,000
Our Summary
- Offered at a fantastic discounted price to ensure a swift auction sale, this property presents a remarkable opportunity for shrewd investors or new homeownersFor rental purposes, this property could potentially achieve a rental income between £1,200 - £1,300 per month, offering an excellent gross yield if secured at the guide price
- The lower floor area provides significant potential to convert into an annex, subject to necessary planning and permissions, enhancing both value and versatility
- Offered at a fantastic discounted price to ensure a sale, this property will appeal to those seeking a simple purchase with significant upside potential
- The lower floor area, with potential to convert to an annex subject to necessary planning and permissions, offers additional utility and value enhancement opportunities
- This property is offered at a fantastic price to ensure an auction sale
- The property will feature in our upcoming timed online auction
- To participate in the live auction, you must have a bidding account created
- Offered at a fantastic discounted price to ensure a swift auction sale, this property presents a remarkable opportunity for discerning buyers
Description
This prime new listing is a 2-bedroom flat located in a sought-after area of Johnstown, Carmarthen, offering a rare opportunity for savvy investors or first-time buyers. The property is tenanted and has the potential to generate a rental income of £1,200-£1,300 per month, providing an excellent gross yield. The lower floor area can be converted into an annex, subject to necessary planning permissions, adding value and versatility to the property. With excellent sales evidence in the area, including nearby properties selling for £425,000 and £370,000 in 2023, this property is being offered at a discounted price to ensure a swift sale. The property features two spacious bedrooms, two bathrooms, a welcoming living room, and a split-level design with garages below, offering additional space and potential for conversion. This is a fantastic opportunity for those looking for a simple purchase with significant upside potential.