Francis Terrace, Carmarthen... 3 bed block of apartments for sale

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Francis Terrace, Carmarthen... 3 bed block of apartments for sale

Francis Terrace, Carmarthen, Carmarthenshire
£149,950

Price History

Initial price £169,950
10/01/25 £159,950
22/03/25 £149,950
Price Change -11.77%

Description

Swift Property Services presents 8 Francis Terrace, a unique investment opportunity in Carmarthen town, comprising a one-bedroom ground floor apartment and a two-bedroom first floor apartment. Both apartments are self-contained, well-proportioned, and supplied/metered independently. The ground floor apartment is currently let out at £550 per month, while the first floor apartment is set to be let out at the same rate from May 2024. The combined rental income of £1,100 per month provides a gross yield of approximately 8.5%. The property benefits from an enclosed rear garden for the ground floor flat and a small front patio. With Council tax band "A" and EPC ratings of "D" and "E", respectively, the property offers a solid investment opportunity. The vendor is only willing to sell to a buyer who is willing to retain the existing tenants, making this a rare chance to secure a stable and lucrative investment.