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15 bedroom semi-detached house for sale
Picton Place, Carmarthen, SA31
£575,000
Picton Place, Carmarthen, SA31
£575,000
Price History
Initial price | £649,000 |
02/07/24 | £575,000 |
Price Change | -11.40% |
Description
This rare investment opportunity presents a substantial registered HMO property in the heart of Carmarthen town, comprising a three-storey Victorian residence and a four-bedroom house. The property offers 19 rooms to accommodate students, with potential to provide further accommodation (subject to consent) and separate owners' accommodation in the four-bedroom house. The main property features a communal lounge, kitchen, and utility room, as well as seven letting rooms on the first floor and five on the second. The separate house has a communal kitchen, lounge, and three letting rooms, with the potential to convert into separate owners' accommodation (subject to consent). The property also has ample parking and a walled garden with development potential. With a rental income of around £50,000 per annum and a 100% occupancy rate between September 2023 and June 2024, this is an attractive investment opportunity for those looking to expand their portfolio.