11 bedroom block of apartments for sale

>

11 bedroom block of apartments for sale

Flats 1-8 East Lynne, Temple Street, Llandrindod Wells, Powys, LD1 5HG
£296,000

Price History

Initial price £325,000
17/09/24 £296,000
Price Change -8.92%

Description

For sale by online auction, this historic Victorian property in Llandrindod Wells is an investment opportunity consisting of 8 self-contained apartments. The property has undergone extensive refurbishment, with new wiring, central heating systems, and decoration throughout. All apartments are currently let, returning over 9% income per annum based on the current asking price. The property comprises five one-bedroom and three two-bedroom flats, each with full central heating and individual electric boilers. Located in the heart of Llandrindod Wells, the property offers a mix of small shops, eateries, and public houses, as well as access to outdoor activities and stunning scenery. The property is advised to be freehold, to be verified by the buyer.