15 bedroom block of apartments for sale

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15 bedroom block of apartments for sale

Ithon Road, Llandrindod Wells, Powys, LD1
£380,000

Price History

Initial price £390,000
08/08/25 £380,000
Price Change -2.56%

Description

This investment opportunity on Ithon Road, Llandrindod Wells, offers a substantial block of 7 self-contained flats and 1 cottage, presenting a excellent prospect for property investors. The property, with a total of 5,938 sq ft, offers a diverse rental mix of one, two, and three-bedroom accommodations across four floors, with a potential annual rental income of £51,600, providing an impressive 13% yield. Located in the charming spa town of Llandrindod Wells, the property benefits from local amenities within walking distance of the town centre, while also enjoying a convenient setting with easy access to the Welsh countryside and good transport links to neighbouring towns and cities. With a blank canvas awaiting renovation, this investment opportunity represents a strong prospect for a savvy investor looking to secure strong rental yields in a picturesque Welsh location.