Tenanted and fully managed 2-bedroom apartment for sale in Tywyn LL36
With so few properties on the market and anything newly listed being snapped up in days, we are very pleased to offer this excellent investment opportunity.
“The monthly official house price statistics from the Office of National Statistics (ons) has repeatedly reported Wales as the top region for house price increases. The latest figures also show the annual price increase - a year-on-year comparison - in Wales stood at 15.5% for the time period October 2020 to October 2021, compared to the 10.2% UK figure.”
Ready-made, quality rental unit, just £85,000.00 for quick sale to start you on your property journey or to add to your portfolio.
Apartment two is a large 61 sq meter unit + hallways, with 2 double bedrooms, a superb living room with countryside views, an abundance of light from the large front windows, and a separate kitchen & shower room.
Status: Leasehold 999-year lease from 2010
Current Rent: £425 pcm.
Gross yield 6%. No unreasonable management charges, just general maintenance, and a share of the building’s insurance. There is a chronic shortage of good quality flats & houses in the area, and this is let to professional tenants who have been there for approx 3 years and in the last 10 years there has not been any void periods
Potential for a holiday let in the future. We are currently achieving £499 a week in the peak weeks for similar units. With 12 years of experience in the area managing holiday homes, we certainly know the market and can offer all the services you need.
The well maintained accommodation briefly comprises of the following:
2 Bedrooms
Gas Central Heating
Fully Double Glazed
Neutrally decorated and carpeted throughout
Modern fitted Kitchen
Shower Room
Penthouse location within a block of 3 select properties
Contact the agent to arrange a viewing
Front Of Property
Lounge
A modern and bright space with full length double glazed windows.
Gas central heating radiator
Neutral decor and plain quality carpet.
Kitchen
Modern fitted kitchen with a range of base and wall units.
Including Electric Oven and Ceramic hob, Integrated Fridge.
Central heating radiator
Double glazed window
Shower Room
Fully tiled Shower Room with walk in shower cubicle and instant hot water shower, WC & Hand Basin
Central heating radiator
Bedroom 1
Spacious double bedroom with dual aspect double glazed windows.
Neutral decor and plain carpet providing an excellent base to put your own individuality.
Central heating radiator
Bedroom 2
Spacious single bedroom with neutral decor and plain carpet.
Double glazed window
Central heating radiator