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6, CLARE STREET, Cardiff. CF11 6BB

Property Details
Agent Ref No: BR2545
Category: For Sale
Business for Sale
Investment
Development Opportunity
Type: Other
Offer Type:
Price: £280,000.00
Rent: Not Applicable
Yield: Not Applicable
Further Property Details
Date Listed: 2012-05-11
Size:
Tenure: Freehold
Min Rental Size: Not Applicable
Property Status:

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  • Up to 80% LTV
  • Rates from 1.5% over base
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Description

MAIN FEATURES: FREEHOLD INVESTMENT PROPERTY CONVERTED INTO 3 SELF CONTAINED FLATS EACH FLAT SEPARATELY SERVICED WITH GCH & DG POTENTIAL RENTAL INCOME IN EXCESS OF £16,000 P/A CLOSE TO CITY CENTRE & MILLENNIUM STADIUM

MAIN FEATURES:
FREEHOLD INVESTMENT PROPERTY
CONVERTED INTO 3
SELF CONTAINED FLATS
EACH FLAT SEPARATELY SERVICED WITH GCH & DG
POTENTIAL RENTAL INCOME
IN EXCESS OF £16,000 P/A
CLOSE TO CITY CENTRE & MILLENNIUM STADIUM


DESCRIPTION LOCATION & DIRECTIONS; Barbara Rees is pleased to offer this three / four storey, forecourt and bay fronted freehold investment property, constructed of solid masonry elevations with Bath-stone bay fronts and Canterbury spar dashing / rough cast cement render, beneath a slate roof.

The property has been converted into three self contained flats and each flat is accessed via a communal internal hallway and staircase.

Clare Street is located near the city centre being within five minutes walk to the Millennium Stadium and Cardiff Central train and bus station.

All amenities are nearby and staff at our Cardiff office will provide local directions upon request.

GROUND FLOOR ( 6A );- Self contained flat to include a lounge, kitchen diner, one bedroom and a bathroom, enclosed rear garden with lane access.

LOUNGE;- 15’ x 12’6” front facing walk in bay window.
KITCHEN DINER;- 13’8” x 12’ plus 9’8” x 6’, fitted kitchen, rear facing patio doors access to the lounge.
BEDROOM;- 13’ x 9’ plus 6’4” x 5’2”, side and rear facing windows.
BATHROOM;- Comprising a large bath, wc and wash hand basin.
BASEMENT;- Comprising two rooms ( not surveyed –approximate area 495sq ft )

FIRST FLOOR ( 6B );- Self contained flat to include a lounge, kitchen diner, two bedrooms and a bathroom.

LOUNGE;- 15’6 x 10’7” front facing walk in bay window, artex ceiling.
KITCHEN DINER;- 11’9” x 11’5” fitted kitchen units, rear facing window, access to the lounge, bedroom one and the lower landing leading to the bedroom and bathroom.
BEDROOM ONE;- 12’9 x 6’9” front facing window.
BEDROOM TWO;- 12’9” x 10’5” rear facing window.
BATHROOM;- Comprising a three piece suite to include a bath, wc and wash hand basin.


SECOND FLOOR ( 6C);- Self contained flat to include a lounge, kitchen diner, one bedroom and a bathroom.

LOUNGE;- 12’9” x 10’6” front facing window.
KITCHEN DINER;- 12’5” x 5’3” rear facing window, fitted kitchen units.
BEDROOM;- 12’9” x 7’ front facing window.
BATHROOM;- Comprising a three piece suite to include a bath, wc and wash hand basin

EXTERIOR; Front forecourt / bin store.

GENERAL NOTES; Any information contained herein should be verified by prospective purchasers or their advisors prior to any formal commitment to purchase. The proceeds of crime act 2002 & anti money laundering rules 2007 require us to obtain both personal and residence identification from all purchasers where an offer has been made and accepted. Please arrange for the appropriate identification to be provided, when asked. The vendor has verbally informed us that the property is of freehold tenure and each flat has the benefit of separate mains services, g.c.h. systems (not tested) and double glazing, although this should be confirmed by the acting solicitors. At the time of instruction two of the flats were let and income producing, whilst the third flat is occupied by the seller. Details of the assured short hold tenancies and rental income can be obtained, on request, from our Cardiff office.

ASKING PRICE; £ 280,000

VIEWING; Strictly accompanied viewing only, by prior appointment via our Cardiff office.

MORTGAGE; Available subject to status, please ask for an appointment with our independent financial advisor.