Studio flat for sale

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Studio flat for sale

High Street, Llanidloes, Powys, SY18
£130,000

Price History

Initial price £145,000
01/12/24 £130,000
Price Change -10.34%

Description

This is a unique 3-storey Grade II listed property located in the heart of Llanidloes, a popular market town with a rich history and plenty of amenities. The property benefits from a mix of commercial and residential spaces, including a retail unit on the ground floor and two flats above. The flats have been let under occupational contracts, generating a current rental income of £1,000 per month, reflecting an 8.2% yield. The property has electric heating and secondary glazed windows, and the flats have been rated as energy-efficient. The location is ideal, with nearby attractions including the Clywedog Reservoir and Hafren Forest, as well as the coastal university town of Aberystwyth and the larger market town of Newtown. With potential to increase the current rent levels, this property offers a unique investment opportunity for those looking for a stable income stream.