Details

Garth Mill,, Garth, Llangammarch Wells,   Guide price 395,000For Sale

13 Bedroom, Block of Flats

About this property

NEW! Exciting opportunity. Substantial former mill situated in large grounds extending to approximately 1.5 acres (tbv). Currently comprising:

* SEVEN SELF-CONTAINED APARTMENTS in excellent condition currently achieving £38520 gross rental income per annum (to include some utilities); as well as
* THREE BUILDING PLOTS with FULL PLANNING PERMISSION for the erection of detached residential homes.

The building represents an excellent INVESTMENT OPPORTUNITY and offers scope for further development. With some re-configuring this property could also be made in to an attractive rural residential smallholding. It also benefits from ample parking and an outbuilding and is located in the pleasant village of Garth some six miles west of the popular market town of Builth Wells. Garth is served by Arriva Trains Wales on the Heart of Wales line (Swansea to Shrewsbury) and has excellent road links across Wales.

Viewing is highly recommended to appreciate all that this property has to offer.

Features
ACCOMMODATION comprises

* UNIT 7 - TWO BEDROOM BUNGALOW

Currently used as the owner's accommodation. A single storey self contained single story apartment with its own entrance and having patio doors at the side leading to pleasant private gardens to the side and rear where there is also a large shed/workshop.

Entrance Porch

Entrance Lobby

Lounge

Kitchen

Dining Room

Bedroom 1 (ensuite Shower Room)

Bedroom 2

Bathroom

Current Rent

This unit is not currently rented out but would achieve £550 pcm to included the electricity and water.

* UNIT 1 - TOP FLOOR TWO BEDROOM APARTMENT

Two bedroom second floor apartment with fitted kitchen and bathroom with shower.

Lounge

Kitchen

Bedroom 1

Bedroom 2

Bathroom

Current Rent

£470 pcm to include water, heating and electricity.

* UNIT 2 - MIDDLE FLOOR - THREE BEDROOM APARTMENT

First floor three bedroom apartment with 2 ensuite bedrooms plus a bathroom with bath and shower.

Lounge

Dining Room

Kitchen

Large Hallway

Bedroom 1 (ensuite)

Bedroom 2 (ensuite)

Bedroom 3

Bathroom

Current Rent

£500 pcm to include water, heating and electric.

* UNIT 3 - GROUND FLOOR TWO BEDROOM APARTMENT

Ground Floor front apartment with bathroom and having back door that leads to a communal garden at the rear.

Lounge

Open Plan Kitchen/Dining Room

Bedroom 1

Bedroom 2

Bathroom

Current Rent

£500 pcm to include water, heating and electric.

* UNIT 4 - GROUND FLOOR ONE BEDROOM APARTMENT

Ground Floor one bedroom apartment with its own front door having bathroom with bath and shower.

Kitchen

Dining Room

Living Room

Bedroom (upstairs)

Bathroom

Current Rent

£330 pcm to include electric and water. Tenant pays for LPG Gas for central heating.

* UNIT 5 - GROUND FLOOR TWO BEDROOM APARTMENT

Ground Floor two bedroom apartment with one bedroom on a mezzanine floor. The apartment is open-plan with vaulted ceilings, high glazed windows and having patio doors leading to the gardens. The bathroom has a bath and a separate shower.

Open Plan LOUNGE/DINING ROOM/KITCHEN

BEDROOM (on Mezzanine)

Bathroom

Current Rent

£470 pcm to include electricity and water. Tenant pays for own LPG Gas for central heating.

Local Authority

Powys County Council. Tel No: 01597 826000 www.powys.gov.uk

Services

Mains electricity, water and drainage is connected to the property. Three of the flats have LPG gas.

* UNIT 6 - ONE BEDROOM APARTMENT

One bedroom ground floor apartment.

Lounge / Kitchen

Bedroom

Bathroom

Current Rent

£370 pcm to include water, heating and electricity.

ALL FLATS - Central Heating and Water

Four flats share an oil filled central heating system.

Three flats have their own gas LPG central heating system.

All flats are on the same water supply.

Council Tax

We are advised of the following:
Flat 1 - Band B Flat 2 - Band C
Flat 3 - Band B Flat 4 - Band B
Flat 5 - Band B Flat 6 - Band A
Flat 7 - Band C

THREE BUILDING PLOTS

There are THREE BUILDING PLOTS having FULL PLANNING PERMISSION for the erection of detached dwellings.

Full information regarding to planning permissions is available from the Rhayader Office of Clare Evans & Co - please contact 01597 810457 or sales@clareevansandco.co.uk.

Please Note:

The SEVEN FLATS can be sold separately from the building plots.

The building plots are also available individually.

Please contact the Rhayader Office of Clare Evans 7 Co for further information.

Viewing Arrangements

Viewing are strictly through the Sole Agents, Clare Evans & Co tel 01597 810457 sales@clareevansandco.co.uk

Important Notice

These particulars are offered on the understanding that all negotiations are conducted through this company. Neither these particulars, nor oral representations, form part of any offer or contract and their accuracy cannot be guaranteed. Any floor plan provided is for representation purposes only, as defined by the RICS Code of Measuring Practice and whilst every attempt has been made to ensure their accuracy the measurements of windows, doors and rooms are approximate and should be used as such by prospective purchasers. Any services, systems and appliances mentioned have not been tested by us and we cannot verify that they are in working order. All photographs remain the copyright of Clare Evans & Co.

The Property Ombudsman

Clare Evans & Co is a member of The Property Ombudsman Estate Agents Scheme and therefore adhere to their Code of Practice. A copy of the Code of Practice is available in the office and on request. Clare Evans & Co's complaints procedure is also available on request.

PMA Reference

DRAFT 260692517

Location

Garth, Llangammarch Wells, Powys, LD4 4AS


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