2 x Apartments in Sought After Location

An opportunity to acquire a mid-terraced traditional bay fronted property which has been converted to provide 1 x one bedroom apartment to the ground floor with a large garden along with a one/two bedroom first floor apartment. We are advised that permission has been obtained for conversion of the first floor apartment to provide two bedrooms with minor reconfiguration. However, we would advise that any interested parties confirm this with the Local authority planning department for confirmation. There is also an opportunity of splitting the title and selling the units individually. Estimated gross rental income in our opinion on both flats would be in excess of £20,000 per annum. Both units benefit from double glazed (UPVC) fenestration and gas central heating (not tested) via combination boilers. The apartments are located at the quieter end of the road with no through traffic apart from public transport. The property itself is situated within close proximity to Llandough Hospital whilst also having excellent access to Penarth Marina, town centre along with Cardiff Bay and the City Centre.

Tenure

See Legal Pack

Ground Floor

Communal entrance hallway to both apartments.

Ground Floor Apartment

Lounge, inner hallway, bedroom, utility area, kitchen, large bathroom.

First Floor Apartment

Landing, large lounge, second reception room, kitchen, bedroom, bathroom.

Outside

Forecourt, large lawned rear garden benefiting from store, shed and rear gated pedestrian access.

Tenure

Advised Freehold

EPC

Ground Floor - C First Floor - C

Council Tax Band - B

Viewing

Auction House Wales on 02920 475184

Local Authority

Vale of Glamorgan Council

Solicitors

Howells Solicitors, Fitzalan House, Ref: Howells Solicitors, Tel: 02920404022

Additional Fees

Administration Charge - 1.2% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.