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House For Sale £225,000
Priory Street, Cardigan SA43


Description
An investment opportunity to own a classic Victorian town house, separated into four, self-contained flats, (three 1 bedroom flats and one 2 bed flat), with off road parking for two vehicles to the rear. All of which are currently rented out and brining in a total annual turnover of around £17,880.00. Situated in a central location in the popular market town of Cardigan, with its convenient local amenities, pubs, shops, restaurants, schools and so much more. And within easy driving distance of the stunning Cardigan Bay coastline in west Wales.

The property is accessed via gated entrance from the pavement into a small front terrace with original tiled paths and canopied entrance door into; The entrance hall, with electric meters and a door to Flat 1 and stairs to the first floor.

Flat 1 comprises; a fire door leading into an open plan living room/kitchen/diner with fitted kitchen units along one wall, with space and plumbing for a washing machine, space for an electric cooker, original bay window to the front and door to; Double bedroom, with a door into the en-suite bathroom, which houses an airing cupboard with the hot water cylinder for this flat, and a door out to the rear which gives outside access down past Flat 4 and to the parking to the rear of the property.

From the entrance hall the stairs go up to the first floor, with a split landing with a doorway off to Flat 4 (which is its fire escape), and further up you reach a fire door into; Flat 2, with a hallway with doors off to; kitchen, with fitted base and wall units, gas hob and electric oven and space and plumbing for a washing machine; Lounge, with original bay window to the front; Double bedroom with wash hand basin, and door off to the en-suite shower room.

From the main hallway the stairs carry on up to the second floor, with a split level landing half way up and a storage area housing the hot water tanks for three flats and electric boxes. Carrying on up the stairs brings you to Flat 3...

Information about the area:
Please read our Location Guides on our website for more information on what this area has to offer.

Details Continued...

Flat 3; Hallway with doors off to; Kitchen with fitted wall and base units, space and plumbing for a washing machine, space for a gas cooker; Lounge with window to the front; Double bedroom with wash hand basin and door off to the en-suite shower room.

Flat 4 is accessed from the rear of the property, accessed off of Feidrfair road into a car park area with two parking spaces designated for the whole property. There is a wooden gate to the left hand side which gives access to a concrete path that takes you down through a small communal garden area with shared outside shed and into Flat 4. (The concrete path does carry on to give access to the boiler shed and to Flat 1 on the ground floor).

Flat 4 is a two bedroom property and comprises; entrance hall with space and plumbing for a washing machine, stairs to the first floor, and doors off to; Lounge/Kitchen/Diner with fitted base units, space for a freestanding gas cooker, bay window to rear overlooking the rear garden; Bedroom1 with ample built in storage and a wash hand basin, and door off the the en-suite with shower and w/c. From the first floor landing is doors off to the family bathroom, W/C and bedroom 2 (which has a fire door access onto the landing in the main house).

This is a lovely property, that would benefit with general updating in places, and offers the new owners a great opportunity to invest in the local area. The tenants in Flats 2,3 & 4 are all happy to remain at the property (with Flat being made vacant soon), so this is a ready made business with scope to improve upon and increase turnover if desired.

Entrance Hall

Flat 1

Lounge/Kitchen/Diner (4.20m x 3.60m max, plus bay (13'9" x 11'9" max, pl)

Bedroom (3.71m x 2.82m (12'2" x 9'3"))

En-Suite (1.47m x 3.71m max (4'9" x 12'2" max))

Flat 2

Hallway (1.00m x 3.37m (3'3" x 11'0"))

Kitchen (2.15m x 2.80m (7'0" x 9'2"))

Lounge (3.72m x 3.68m max plus bay (12'2" x 12'0" max plus)

Bedroom (3.65m x 3.97m max (11'11" x 13'0" max))

En-Suite (0.94m x 2.17m (3'1" x 7'1"))

Flat 3

Hallway (1.80m x 2.44m (5'10" x 8'0"))

Kitchen (2.44m x 2.87m (8'0" x 9'4"))

Lounge (3.35m x 3.87m (10'11" x 12'8"))

Bedroom (3.35m x 2.28m (10'11" x 7'5"))

En-Suite (2.78m x 0.74m (9'1" x 2'5"))

Flat 4

Hallway (1.66m x 3.73m (5'5" x 12'2"))

Lounge/Kitchen/Diner (4.47m x 3.51m (14'7" x 11'6"))

Bedroom 1 (4.86m x 3.69m max (15'11" x 12'1" max))

En-Suite (1.02m x 2.72m (3'4" x 8'11"))

Landing (3.74m x 2.18m max (12'3" x 7'1" max))

Bathroom (1.57m x 2.43m max (5'1" x 7'11" max))

W/C (1.63m x 0.78m (5'4" x 2'6"))

Bedroom 2 (3.75m x 3.33m max (12'3" x 10'11" max))

Important Information:

Viewings: By appointment only. We would respectfully ask you to contact us before you view this property internally or externally.
Tax band: All Four Flats are individually banded as Tax Band A each - Ceredigion County Council
tenure: We are advised that the property is Freehold
general note: Please note that all floor plans, room dimensions and areas quoted in these details are approximations and are not to be relied upon. Any appliances and services listed on these details have not been tested.
Services: We have not tested any services to this property.
Viewing information: Property is being sold with tenants in place in three of the flats, as a going concern, except for Flat 1 which will be vacant as of w/c 19/09/22. Property is within the town's conservation area. There is no phone line installed at the property and no broadband, but Cardigan town is on superfast broadband.

Hw/Hw/09/22/Ok

Please note:
Cardigan Bay Properties, its clients and any joint agents give notice that 1: They are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made in these particulars. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. 2: Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. All photographs are taken using a digital camera with a wide angled camera lens. It should not be assumed that the property has all necessary planning, building regulation or other consents and Cardigan Bay Properties have not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise.

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