Summary - No1 and No2 Belmont SA43 1JU
6 bed 4 bath Block of Apartments
**Standout Features:**
- 6-bedroom block of apartments in Cardigan, West Wales
- Recently refurbished and modernized
- Ideal for investors with immediate rental income potential
- Gross income just under £30,000 per annum
- Fully compliant with up-to-date regulations
- Located in prime town center with excellent access to amenities
- Adjoining building available for purchase, expanding investment options
- Low maintenance and updated fire safety features
**Concerns:**
- Short lease with only 8 years remaining may deter mortgage lenders
- Above-average local crime rate
- Slow broadband speeds in the area
Discover an impressive investment opportunity in the heart of Cardigan, West Wales. This fully refurbished and modernized block of apartments features six spacious units, generating an attractive income of nearly £30,000 per annum. Each flat conforms to current regulations and benefits from individual metering for utilities. The property stands out with its charming Victorian facade, high ceilings, and low maintenance requirements, making it ideal for hassle-free management. Located just a short walk from local cafes, restaurants, and essential services, it promises great appeal for future tenants.
However, it's essential to consider that the property has a lease with only 8 years remaining, which could present challenges in securing finance. Additionally, the area has a slightly elevated crime rate and slow broadband services. This unique opportunity is unlikely to last long—don’t miss your chance to secure a prime investment in this developing town.
6 bedroom block of apartments for sale in Pendre, Cardigan, SA43 — £375,000 • 6 bed • 4 bath • 3399 ft²
3 bedroom flat for sale in St. Mary Street, Cardigan, Ceredigion, SA43 — £175,000 • 3 bed • 1 bath • 1012 ft²
6 bedroom terraced house for sale in St. Mary Street, Cardigan, Ceredigion, SA43 — £200,000 • 6 bed • 3 bath • 1034 ft²
3 bedroom flat for sale in High Street, Cardigan, Ceredigion, SA43 — £99,950 • 3 bed • 1 bath • 776 ft²
2 bedroom flat for sale in St. Mary Street, Cardigan, SA43 — £85,000 • 2 bed • 1 bath • 568 ft²
Commercial property for sale in St Mary Street, Cardigan, SA43 — £217,000 • 1 bed • 1 bath • 1580 ft²
