Description
For buy to let investors looking for a profitable return, Borough House, a substantial freehold property situated in the popular market town of Haverfordwest offers a very attractive proposition.
Property Details
Borough House stands in a prominent position on the crossroads between High-Street and Dark Street in Haverfordwest, Pembrokeshire. This property is a grade 2 listed building and contains many of the characterful features you come to expect with a period property, such as large sash windows and high ceilings. A copy of the Cadw report for the listing of the building can be provided upon request.
This block consists of a ground-floor office space, 4 x 1 bedroom flats, and 1 x 2 bedroom flat, each of which is currently on fixed-term assured short-hold tenancy agreements. The combined rental income for the flats and the office is £2720pcm or £32640 per annum. At the purchase price, this equates to a gross rental yield of 9.46%.
The flats are all well presented, many of which have recently been redecorated with new flooring installed, and have been attractive lets for local hospital staff and professionals working in the area.
The flats do not offer parking, but an annual permit is available for residents in a nearby car park. As the current managing agent, details of individual rents and tenancies are available on request.
Dimensions
Office
12’ 8” x 11’ 4”
3.88m x 3.48m
Office Entry
5’11” x 4’11”
1.81m x 1.25m
Office WC
4’9” x 2’10”
1.47m x 0.88m
Flat 1
Bedroom
13’7” x 8’1”
4.15m x 2.47m
Living Room
15’3” x 7’9”
4.66m x 2.38m
Kitchen
9’5” x 9’7”
2.89m x 2.93m
Bathroom
5’10” x 6’2”
1.80m x 1.88m
Total Floor Area
390.72 ft2
36.30 m2
Flat 2
Bedroom 1
10’7” x 7’10”
3.25m x 2.40m
Bedroom 2
14’11” x 7’10”
4.57m x 2.39m
Bathroom
5’10” x 6’1”
1.79m x 1.87m
Living Room
17’8” x 11’7”
5.40m x 3.55m
Total Floor Area
650.11 ft2
60.40 m2
Flat 3
Bedroom
13’7” x 8’1”
4.15m x 2.47m
Living Room
15’3” x 7’9”
4.66m x 2.38m
Kitchen
9’5” x 9’7”
2.89m x 2.93m
Bathroom
5’10” x 6’2”
1.80m x 1.88m
Total Floor Area
390.72 ft2
36.30 m2
Flat 4
Bedroom
14’0” x 8’0”
4.27m x 2.46m
Living Room
13’9” x 8’4”
4.21m x 2.56m
Kitchen
10’0” x 9’8”
3.05 x 2.97m
Bathroom
5’11” x 5’11”
1.81m x 1.82m
Total Floor Area
393.47m2
36.55m2
Flat 5
Kitchen / Living Room
15’0” x 30’8”
4.58m x 9.37m
Bedroom
11’10 x 17’5”
3.62m x 5.31m
Bathroom
7’82 x 6’3”
2.35m x 1.92m
Total Floor Area
640.18 ft2
59.47m2
TENURE: We are advised the property is Freehold
EPC: We are advised the property is EPC exempt as it is a listed building.
PLEASE NOTE: The building is owned by a close relative of a member of Preseli Property staff.