- HOME WITH AN INCOME - PRODUCING £30,000 PA
- INVESTMENT OPPORTUNITY POTENTIAL INCOME £38,000
- 5 ONE BEDROOM FLATS CURRENTLY LET
- PLUS UNLET LARGER GROUND FLOOR 1 BEDROOM FLAT
- LICENSED HOUSE OF MULTIPLE OCCUPATION
- LICENSED WITH RENT SMART WALES
- TOWN CENTRE LOCATION
- REAR GARDEN, PARKING AND GARAGE
6 Bedroom Detached House for sale in Llandudno
6
6
6
HOME WITH AN INCOME OR EXCELLENT INVESTMENT OPPORTUNITY, CURRENTLY PRODUCING AN INCOME OF £30,000 BASED ON 5 LETTING UNITS, BUT WITH THE POTENTIAL TO INCREASE THIS TO £38,000 IF FULLY LET.
A substantial detached property which was converted into 6 self contained flats in 1989, over 35 years ago. The property is registered with Conwy County Borough Council as a 'House of Multiple Occupation' and is licensened under Rent Smart Wales.
The current owner lets 5 one bedroom units, 3 x £500 pcm & 2 x £506 pcm, all on Occupational Contracts and keeps a larger ground floor, one bedroom flat for his familys use, however, they estimate this unit would let for around £700 pcm.
In addition there is a small studio unit which is not let, but does have potential if extended to provide another unit.
The property is located in the centre of the town, has a rear garden and parking facilities, plus a detached garage.
For more information search :- Conwy County Borough Council for Houses of Multiple Occupation ( HMO ) and the Licencing Authority - Rent Smart Wales.
MATERIAL FACTS
In compliance with the Unfair Trading Regulations 2008
1. LEASEHOLD Land Registry Title No CYM582854. 2000 years from 30 November 1896. Fixed Ground Rent £14 per annum. 2. COUNCIL TAX BAND awaiting – Conwy County Borough Council.
3. All mains services are connected.
4. Flood Risk – Seas, Rivers & Surface Water – Very Low Risk. https://check-your-flood-risk.naturalresources.wales/?culture=en-GB
5. Estimated Broadband Speed – Standard, Superfast & Ultrafast. https://checker.ofcom.org.uk/
6. Mobile Coverage – EE, Three, Vodafone & O2 – Limited. https://checker.ofcom.org.uk/
7. EPC - Flats 2, 3 & 4 are rated D, Flats 5 & 6 are rated E, all are valid until 22 December 2034.
NOTE: Spray foam has been installed to the underside of the roof.
Important Information
- This is a Leasehold property.
- This Council Tax band for this property is: NA
Property Ref: LLA_LLA220384
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Anthony Flint (Llandudno)
Mostyn Street, Llandudno, Conwy, LL30 2PE
01492 877 418
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