Summary - Flat 1, 1, George Street, PONTYPOOL NP4 6LR
7 bed 1 bath Commercial Property
**Standout Features:**
- Mixed-use property with ground floor retail and three residential flats.
- Prime corner location with great visibility and foot traffic.
- Current rental income: £12,000/year from retail and additional income from flats.
- Freehold tenure providing full ownership and investment flexibility.
- Future renovation potential to enhance value.
**Concerns:**
- Area classification indicates very high crime rates and significant social deprivation.
- Maintenance and structural updates may be needed to enhance appeal.
This mixed-use property presents a unique investment opportunity in a central location, boasting a well-established retail unit along with three residential flats. The ground floor, leased to a strong tenant with robust financials, offers an annual income of £12,000, while the flats provide additional rental potential, currently generating £650 and £725 per month with an opportunity to lease the vacant unit at £700 per month.
Each flat features spacious living areas typical of a Victorian building, complete with high ceilings and period details. This property is ideal for investors seeking stable rental yields while also having potential for future renovations to further maximize returns. However, it's important to note the local area's high crime rate and socioeconomic challenges, which may impact long-term demand. Act quickly—properties like this, with diverse income streams and strategic locations, are highly sought after and won't last long.
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