2-bedroom flat · LD1 5HF
For saleListed 53 days
Opportunity summary
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About
A rare opportunity to acquire two adjoining ground floor apartments, offered together and held under the same title, in a convenient position just off the centre of Llandrindod Wells.
Ideal for investors or holiday-let operators, with two self-contained apartments, communal parking and no onward chain. EPC's - C & D. .
An attractive opportunity to acquire two adjoining ground floor apartments, Flat 1 and Flat 1A Belmont, being offered for sale together and held under the same title.
Situated just off the centre of Llandrindod Wells, the two apartments provide a particularly interesting proposition for investors, holiday-let operators or buyers looking to acquire two properties in close proximity to one another.
Both apartments are offered with no onward chain and benefit from gas central heating, communal parking to the rear on a first-come, first-served basis, and 999-year leases commencing in 2018.
Each apartment is subject to a ground rent of £100 per annum and a service/maintenance charge of £1,400 per annum.
Flat 1 A well-proportioned ground floor apartment comprising an entrance hallway with useful utility area, bathroom with panelled bath, low-flush WC and pedestal wash hand basin, together with an inner hallway leading to the main accommodation.
The bright kitchen/reception room benefits from a bay window to the front, providing plenty of natural light, with a fitted kitchen offering a good range of storage and preparation space.
There is also a comfortable double bedroom.
Flat 1a A similarly well-proportioned ground floor apartment comprising an entrance hallway leading to a bright kitchen/reception room with bay window to the front and fitted kitchen.
The hallway continues to a double bedroom, which benefits from an en-suite shower room comprising shower cubicle, low-flush WC and pedestal wash hand basin. .
Both apartments offer practical, low-maintenance accommodation in a convenient location just off the centre of Llandrindod Wells.
The town provides a good range of shops, cafés, leisure facilities and everyday amenities, together with road and rail links including the Heart of Wales Line.
Set within the attractive rural surroundings of Mid-Wales, the properties could offer excellent flexibility for a buyer seeking a ready-made rental or holiday-let investment, or simply the opportunity to acquire two properties close to one another.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
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