Details

Cadwgan House, East Street, Rhayader,   Asking price 245,000For Sale

4 Bedroom, House - Mid Terrace

About this property

EXCITING INVESTMENT OPPORTUNITY! Try before your buy?

Well appointed and fully furnished FOUR x ONE BEDROOM SELF-CONTAINED APARTMENTS centrally located in in the popular tourist and market town of Rhayader in the heart of the glorious mid Wales countryside. Vehicular access is at the rear.

The property has been operating as a successful tourism business for a number of years and generates an excellent income (figures available on request) with scope for further development and improvement. It offers a fabulous investment opportunity with excellent returns and viewing is highly recommended!

If you wish to TRY BEFORE YOU BUY you can RENT the property for £20,000 for 12 months - call Clare for more information. CALL NOW to book your viewing!

Features
Agent's Remarks

This attractive period stone three storey property comprises FOUR SELF CONTAINED APARTMENTS which have most recently been used as successful holiday accommodation. With excellent occupancy and return rates this property presents the prospective purchaser with a rare opportunity to acquire a investment that is 'ready to go' and earn income immediately. Alternatively the versatile property could easily be used for residential let purposes or returned to a family home.

Each apartment is well appointed with fitted kitchens having oven, hob and extractor fan, fridge/freezer, cupboards, worktops and splashbacks. Each are furnished with all that is needed to be let out as holiday units and include bed, wardrobe, bedside units, dining table and chairs, sofas and easy chairs. This allows the property to generate income as soon as it transfers to the new purchaser.

APARTMENT 1 (Ground Floor):

Accessed from the rear of the property, accessed via a passageway to the side.

Open Plan Lounge/Kitchen/Dining Room

Attractive exposed stonework and brickwork with feature fireplace. Exposed beam. Original built-in cupboards in alcove. Fitted Kitchen along two walls with tile-effect vinyl flooring. Lounge area with fitted carpet and large picture window to front.

Double Bedroom

Fitted carpet, radiator, window and external door to side.

Bathroom

Exposed stonework. Low level wc suite, pedestal wash hand basin with mixer tap, tiled splashback, shaver point and mirrored cupboard over. 'P' shaped bath with electric shower heater, tiled surround and shower screen over. Recessed lighting, extractor fan, heated towel radiator. Tile-effect vinyl flooring.

APARTMENT 2 (First Floor):

Accessed from the pavement at the front through an Entrance Lobby, which has an attractive Victorian tiled floor, and up a staracse with fitted carpet and stained glass window to the rear.

Hallway

Fitted carpet. Doors to:

Lounge/Kitchen/Dining Room

Attractive stonework and brickwork with feature fireplace. Fitted Kitchen with tile-effect vinyl flooring. Lounge area with fitted carpet and large bay window with window seat to the front.

Double Bedroom

Exposed beams. Fitted carpet, radiator, window to front.

Bathroom

Exposed stonework and brickwork. Low level wc suite, pedestal wash hand basin with mixer tap, tiled splashback, shaver point and mirrored cupboard over. 'P' shaped bath with electric shower heater, tiled surround and shower screen over. Recessed lighting, extractor fan, heated towel radiator. Tile-effect vinyl flooring.

PLEASE NOTE

There is an interconnecting door between Apartments 2 and 3 which allows the whole of the First Floor to be used as one large Apartment.

APARTMENT 3 (First Floor):

This apartment is accessed from the rear of the building and leads directly on to a rear terraced area and garden.

Kitchen/Dining Room

Fitted Kitchen along one wall with tile-effect vinyl flooring. Exposed beams, recessed lighting, window to side.

Open archway to:

Lounge

A delightfully light and airy Lounge area with slate tiled floor, glass ceiling and having large glass windows to front and to rear. French doors to rear give access to a pleasant terraced area and garden.

APARTMENT 4 (Second Floor)

Access at the front of the property through an Entrance Lobby, which has an attractive Victorian tiled floor, staircase with fitted carpet and handrail rises to the first and second floor.

Hall

Fitted carpet, attic hatch and window to rear.

Doors to:

Louge/Kitchen/Dining Room

A light and airy Lounge with exposed brickwork and stonework. Fitted carpet, radiator and window to front. Fitted Kitchen with tile-effect vinyl flooring. Recessed lighting, radiator, window to rear.

Double Bedroom

Exposed beams and stonework. Fitted carpet, radiator and window to front.

Bathroom

Exposed brickwork, low level wc suite, pedestal wash hand basin with mixer tap, tiled splashback, shaver point and mirrored cabinet over. 'P' shaped bath with electric shower over. Recessed lighting, radiator with shelving over and tile effect laminate flooring.

Outside

The rear of the property is accessed via a passageway to the side which leads to a gravelled area giving access to Flat 1 on the Ground Floor and, via a few steps, to Apartment 3 (Apartments 2 and 3 are accessed from the front door).

There is a large garden area at the rear o the building which has been landscaped in to shallow terraced areas with dedicated spaces for barbeques, seating and relaxing.

Local Authority and Council Tax

Powys County Council. Tel No: 01597 826000 www.powys.gov.uk. The property is rated for business use as currently enjoys Rural Business Rates Relief with no business rates payable for 2020/21.

Services

Mains electricity, gas, water and drainage. The apartments share utilities and as such the property could easily be returned to a single dwelling if required.

Local Area

Rhayader is a friendly market town (www.rhayader.co.uk) situated in the beautiful upper Wye Valley and has a good range of local facilities such as supermarkets, butcher, grocer, delicatessen, chemist, doctor’s surgery, primary school and well equipped leisure centre with two squash courts, gym, swimming pool and jacuzzi. A wider range of facilities including secondary schools is available at Llandrindod Wells (11 miles), Builth Wells (13 miles) and Llanidloes (14 miles) respectively. The noted Elan Valley (www.elanvalley.org.uk) with its wonderful lakes, reservoirs, dams, mountains and open hills is about 4 miles to the west. The west Wales coast and university town of Aberystwyth is 34 miles distant. The nearest railway station, on the Heart of Wales line, is located at Llandrindod Wells. Excellent road links are afforded by the main north-south road A470, and the east-west A44.

Viewing Arrangements

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

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.

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.

PMA Reference

2406925612

Location

East Street, Rhayader, Powys, LD6 5DN


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