For Sale Offers In Region Of £125,000
Francis Terrace, Carmarthen, Carmarthenshire, SA31 1EY

Floorplans For Carmarthen, Carmarthenshire Floorplans For Carmarthen, Carmarthenshire

Description


Investment Opportunity – Tenants in Situ Swift Property Services are pleased to offer 8 Francis Terrace, Carmarthen for sale. This freehold investment property comprises a one-bedroom ground floor apartment and a two-bedroom first floor apartment, both independently metered and currently occupied, producing a combined rental income of £1,150 per calendar month (£13,800 per annum). Conveniently situated within walking distance of Carmarthen town centre and its excellent range of amenities, the property offers an attractive gross yield and immediate income stream for investors. The vendor is seeking a purchaser willing to retain the existing tenants. Please note that previous sales have been unable to proceed due to mortgage valuation and lending issues and, as such, the property is likely to be most suitable for cash purchasers or buyers with access to specialist finance. To arrange a viewing, please contact Swift Property Services on 01267 231394.

More Details

Location

Francis Terrace is centrally located in Carmarthen town. Walking distance of local amenities including shops, supermarkets, primary / secondary schools and much more.

Entrance

Access to the fore via a steps leading up to a small forecourt area with a UPVC front door opening up the communal hall. Doors to the ground floor and first floor apartments.

Ground Floor Apartment

Entrance Hall

uPVC door to front forecourt garden. Internal doors to ground floor and first floor apartment. Carpeted floor.

Living Room 3.1m x 3.8m

Doors to bedroom and inner hall. uPVC double glazed window to rear. Carpeted floor. Tiled fireplace and hearth. Radiator.

Bedroom 3.8m x 4.21m

Door to living room. uPVC double glazed bay window to fore. Coved ceilings. Radiator.

Kitchen 3m x 3.3m

Doors to inner hall and utility room. Range of base and wall units. “Ideal Logic” combi boiler (installed in 2018). Electric cooker. Mosaic tiled flooring

Utility Room 1.7m x 2.5m

uPVC double glazed door to rear patio. Doors to kitchen and bathroom. uPVC double glazed window to rear. Work top with stainless taps, sink and drainer. Radiator. Mosaic tiled floor.

Bathroom 1.3m x 2.6m

Door to utility. uPVC double glazed window rear. Electric shower. Bath with mixer taps. Wash basin. WC. Extractor fan. Part paneled walls. Tiled flooring. Radiator.

Externally

Enclosed, tiered patio garden. Access to utility room.

First Floor Apartment

Landing 1.9m x 5.82m

Split level landing with doors to bedrooms 1 & 2, living room, kitchen and shower room. Carpeted floor. Stairs down to entrance hall.

Living Room 3.1m x 3.8m

uPVC double glazed window to fore. Carpeted floor. Electric radiator. Door to landing.

Bedroom 1 3.1m x 3.8m

Door to landing. uPVC double glazed window to rear. Carpeted floor. Electric radiator.

Bedroom 2 1.9m x 2.8m

Door to landing. uPVC double glazed window to fore. Carpeted floor.

Kitchen 2.12m x 3.8m

Door to landing. Base and wall units. Electric cooker. uPVC double glazed window to rear. Wood effect Lino flooring.

Shower Room 0.85m x 3.2m

Door to Landing. uPVC double glazed window to rear. Walk in shower cubicle. WC. Electric shower. Wash basin. Extractor fan. Wood effect Lino flooring.

Services

Both properties are independently supplied and metered. The ground floor has gas central heating and the first floor electric heating. Further supplies to the property include electricity, mains water and sewerage. High speed broadband coverage area. We are advised that an Ideal Logic gas combi boiler & uPVC windows were installed throughout the property in 2018.

Rental Terms

Ground Floor apartment. Currently let out to current tenant since May 2024 at £575 per calendar month. First floor flat let out to current tenant since June 2025 at £575 per calendar month. Combined rental income of £1150 per calendar month offering a gross yield of approximately 10%. We are advised that both properties comply with current rental regulations including occupation contracts, energy performance certificates, electrical / gas certificates, co detectors and mains smoke detectors. Electrical certificates exp March 2029 Ground Floor & First Floor Jan 2029. Gas ground floor expiry May 2026. (no gas in first floor)

EPC (Energy Performance Certificate)

Ground Floor D - 67 Valid until February 2031. First Floor E - 43 Valid until September 2029.

Tenure

Freehold.

Council Tax

Both properties are band "A". Local Authority Carmarthenshire county council.

Construction

Stone

Further Details

https://sprift.com/dashboard/property-report/8-francis-terrace-carmarthen-sa31-1ey/3622794

Please Note

These property details in no way constitute an offer of contract. Floor plans, virtual tours and measurements are approximate and buyers should satisfy themselves on all aspects of size, layout, condition, access and planning matters. No services or appliances have been tested by Swift Relocations and it would be the responsibility of the purchaser to do so. Photographs may have been taken with a camera using a wide angle lens. Photographs may depict items which are not included in the sale of the property. Swift Property Services is the trading name of Swift Relocations Ltd - Company reg: 7283983

For further details on this property please give our office a call
01267 231 394

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