Summary - Flat 2, Pier House, St. Georges Road LL59 5EY
4 bed 4 bath Block of Apartments
**Standout Features:**
- Mixed-use investment with residential and commercial elements.
- Two self-contained, bright apartments with views of Menai Strait.
- Ground floor commercial unit generating stable rental income.
- Freehold tenure with significant income potential.
- Prime location near Menai Bridge waterfront and town amenities.
- Historic Edwardian architecture with high ceilings.
**Key Concerns:**
- Maintenance of older timber frame structure may be required.
- Limited insulation, potentially affecting energy efficiency.
- Current council tax classification: affordable but area deprivation noted.
This exceptional mixed-use investment property presents a unique opportunity for both investors and prospective homeowners. Nestled in the charming town of Menai Bridge, this freehold block features two airy self-contained apartments boasting beautiful views over the Menai Strait, perfectly suited for lucrative holiday lets or personal occupancy. With a current ground floor commercial tenancy ensuring a steady rental income of £13,116 per annum, the property stands as a promising opportunity to generate additional cash flow.
The well-presented apartments feature an open-plan layout with modern kitchens, inviting lounge areas, and comfortable bedroom accommodations. Take advantage of the prime corner location, just steps from the waterfront and a short walk from local shops, cafes, and restaurants. While the historical charm of this early 20th-century building is palpable, potential buyers should be mindful of maintenance needs associated with its timber frame structure and limited insulation.
This is not just a property; it's a pillar of community living with income potential that you won’t want to miss. Act quickly—opportunities like this don't stay on the market for long!
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