2-bedroom flat · LD3 7EE
Listing removedListed 472 days
Opportunity summary
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About
This well-presented two bed apartment is located on the ground floor of a popular retirement complex, just a short distance from the main entrance, offering easy access and convenience.
The accommodation comprises an entrance hall with a useful storage cupboard, a light and airy living/dining room with patio doors opening out to the front and a fitted kitchen with a range of wall and base units, along with an integrated oven and hob.
There are also two double bedrooms, one of which benefits from built-in wardrobes and a modern shower room completes the layout.
The complex itself offers a welcoming communal lounge for residents' events and social gatherings, as well as laundry facilities, a recycling room and a visitors’ suite.
Outside, there are attractive landscaped gardens and parking. With no onward chain, this is a fantastic opportunity for those looking for comfortable and secure retirement living.
Viewing is highly recommended. Gwenllian Morgan Court is a popular retirement complex with a resident’s lounge and kitchen, laundry room, guest facilities, house manager and 24-hour careline.
It has an age restriction of 60 years for a couple, however one of which can be 55, and 60 for single occupants. Brecon is a traditional market town, the centre of the Brecon Beacons National Park.
Surrounded by wonderful countryside it has a wide range of shops and amenities which include a cinema, theatre, leisure centre, library and golf course.
It also has several good primary schools, a secondary school, college of further education and Christ College a private boarding school for boys and girls aged 7-18.
With good access links Cardiff, Swansea and Hereford are all an hour’s drive and the nearest train station is in Abergavenny which is 20 miles away.
Council Tax: We have been informed that this property has been placed under council tax band ‘D’.
Brief Lease Details: Service charge £2612.91 every 6 months which includes water and buildings insurance Ground rent £450 per annum 125-year lease: Commenced 01/06/2004.
104 years remaining Council Tax: We have been informed that this property has been placed under council tax band ‘D’.
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.
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About 29, Gwenllian Morgan Court, Brecon
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