Summary - 64, JOHN STREET CF36 3BD
1 bed 1 bath Mixed Use
**Standout Features:**
- **Mixed-Use Property:** Four storey building with ground floor retail and three one-bedroom flats.
- **Location:** Ideally situated on pedestrianized John Street, just steps from the seafront and local amenities.
- **Strong Rental Income:** Retail space generating £20,000 per annum; one flat currently let at £600 per month, with two flats vacant.
- **Renovated Flats:** Recently refurbished with modern kitchens, bathrooms, and upgraded safety features.
- **Off-Road Parking:** Includes convenient parking and a basement accessible via Old School Road.
**Property Summary:**
Discover a prime investment opportunity in the heart of Porthcawl with this impressive mixed-use property featuring a self-contained retail space on the ground floor, currently leased at £20,000 per year. The building houses three one-bedroom flats on the upper floors—two already boasting recent renovations, complete with contemporary kitchens and updated bathrooms. Enjoy the benefits of off-road parking, a basement for storage, and a desirable location just steps from the scenic seafront and vibrant local amenities, including cafes, shops, and essential services.
While the property shows potential for strong rental returns, please note that two of the flats are currently unoccupied, offering opportunities for immediate rental income with some cosmetic touches. Ideal for seasoned investors looking to capitalize on the rental market or first-time buyers seeking a diverse property portfolio, this impressive investment won't last long. Imagine enjoying the charm of Porthcawl living while generating income from your property!
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