2-bedroom flat · LD3 9SZ
Listing removedListed 227 days
Opportunity summary
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About
A recently built 2 bedroom ground floor apartment situated within a popular development within easy access of the town centre.
The property also benefits from two allocated parking spaces, uPVC double glazing and gas central heating. A great starter home or investment property.
Description Recently built, Apartment 4 offers a lovely spacious, two bedroom ground floor apartment within the new development of Hoggan Park.
Its accommodation comprises of an entrance hall with two storage cupboards, a spacious living room, a modern kitchen/diner with patio doors, two bedrooms, bathroom and two allocated parking spaces.
Finished to a modern standard throughout the property is ready to move straight in to, with the benefit of uPVC double glazing, gas central heating and is still under a 10 year LABC guarantee.
The lease length is 999 years (from and including 23 July 2020). Location Hoggan Park is a new residential development situated within easy access of the town centre.
Brecon is a popular market town in the foothills of the Brecon Beacons mountain range, it is surrounded by beautiful scenery and well known for its many attractions including the Monmouthshire - Brecon canal, the many beautiful walks and the outdoor activities available in the National Park.
It offers a wide range of shops and amenities which include a cinema, theatre, leisure centre, library and golf course.
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.
Walk Inside Approached via a communal entrance, No. 4 is conveniently situated on the ground floor.
The front entrance door opens into the hallway having 2 storage cupboards and provides access to all the principal rooms.
To the right is the spacious living room complete with lovely bay window to the front and attractive flooring which extends via a set of double doors into the kitchen/diner.
Fitted with a modern range of units to include cupboard and drawer space, inset sink, plumbing for washing machine, integrated oven and hob with extractor over and patio doors opening to the front.
The property comprises of 2 bedrooms, both having a window to the rear, and an attractive bathroom suite to include bath with shower over, vanity sink and w.c. unit and towel radiator.
Tenure The property is of leasehold tenure having a lease term of 999 years (from and including 23 July 2020). There is a modest ground rent of £1 and a service charge of £693.80 pa.
Disclaimer The photos taken are representatiive of the furnished property but is now unfurnished.
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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