3-bedroom house · HR5 3BE
Listing removedListed 168 days
Opportunity summary
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About
A unique investment opportunity providing an excellent annual income, comprising 3 modern self contained apartments set over two floors, above a retail premises, in the heart of the market town of Kington.
Kington is a historic market town set on the English/Welsh border and surrounded by beautiful rural countryside.
The town offers a good range of everyday amenities including independent shops, post office, supermarket, doctors and dental surgery, leisure facilities and both primary and secondary schools.
The near by town of Presteigne is 6 miles away with the renowned book town of Hay On Wye just 12 miles away.
The towns of Leominster and Ludlow are also easily accessible as is the Cathedral City of Hereford for a broader range of facilities. Three Self Contained 1 Bed Tenanted Apartments for sale.
From Church Street a pedestrian archway providing access to the rear elevation where there is a communal entrance with intercoms to each individual apartment with a secure door opening to a communal hallway with staircase providing access to all apartments.
Flat 2 Located on the first floor, the front door opens to a good sized reception hall with window to the rear elevation and door off to the open plan kitchen/dining/living room.
The kitchen comprises a range of base and wall units with work surfaces, inset sink, tiled splash backs with appliances to include electric hob, cooker, fridge and washing machine.
The room opens out to a living and dining area with windows to the front elevation. There is a double bedroom.
The shower room is a good size with shower cubical, low flush w/c, hand wash basin, gas fired central heating boiler and window to the rear elevation.
Flat 3 Located on the second floor, the front door opens to a reception hall with door off to the open plan kitchen/dining and living room.
The kitchen comprises a range of base and wall units with work surfaces, inset sink, tiled splash backs with appliances to include electric hob, cooker, fridge and washing machine.
The room open out to a living and dining area with two windows to the front elevation.
The double bedroom has a window to the rear elevation and door to en-suite shower room including a newly fitted shower, low flush w/c, hand wash basin, ceiling light, radiator and housed in here is the gas fired central heating boiler.
Flat 4 Also located on the second floor, the front door opens to a reception hall with doors off to the open plan kitchen/dining and living room.
The kitchen comprises a range of base and wall units with work surfaces, inset sink, tiled splash backs with appliances to include electric hob, cooker, fridge and washing machine.
The room open out to a living and dining area with two windows to the front elevation. There is a double bedroom.
There is a separate shower room including shower cubical, low flush w/c, hand wash basin and gas fired central heating boiler and window to the rear elevation.
EPC Ratings Flat 2 - B Flat 3 - C Flat 4 - C Agents notes For Further detailed information of the annual rental income and individual lease agreements, contact Jackson Property Services & Expenditure Information Tenure: Leasehold.
125 year lease commenced 1st April 2009. Services Connected: All mains services connected. Gas central heating.
Council Tax Band: All flats are rated as a band A Broadband availability: To be confirmed Phone Coverage: 4g Available Jackson Property Compliance Consumer protection from unfair trading regulatons 2008 (cpr) We endeavour to ensure that the details contained in our marketing are correct through making detailed enquiries of the owner(s), however they are not guaranteed.
Jackson Property Group have not tested any appliance, equipment, fixture, fitting or service.
Any intending purchasers must satisfy themselves by inspection or otherwise as to the correctness of each statement contained within these particulars.
Any research and literature advertised under the material information act will have been done at the time of initial marketing by Jackson Property Services & Expenditures advertised have been taken from and Jackson Property may be entitled to commission from other services offered to the client or a buyer including but not limited to: Conveyancing, Mortgage, Financial advice and surveys.
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
Agent & docs
FAQ
About 37 Church Street, Kington
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