Wellfield Road, Carmarthen... 8 bed block of apartments for sale

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Wellfield Road, Carmarthen... 8 bed block of apartments for sale

Wellfield Road, Carmarthen, Carmarthenshire
£375,000

Our Summary

  • *Investment property* Fantastic investment opportunity to purchase this fully let block of flats generating an annual income of £34,080 producing an attractive gross yield of approximately 9%

Description

This is a fantastic investment opportunity to purchase a fully let block of flats in a popular area of Carmarthen, generating an annual income of £34,080 and producing a gross yield of approximately 9%. The block consists of five self-contained flats, each with a kitchen/lounge, bathroom, and bedroom(s), and benefits from electric heating and independent metering. The property sits on a large plot with plenty of parking and is located within walking distance to the town centre, which offers a wide range of shops, restaurants, and amenities. The property is freehold and has a satisfactory electrical certificate, smoke alarms, and an EPC rating of 'E'. With a council tax band of 'A' and 'B', this is an attractive investment opportunity for anyone looking to generate a steady income.