Aberystwyth SY23

Property Details: - Type: Flat - Bedrooms: 4 - Bathrooms: 2

Agent: Padarn Property - Aberystwyth Phone: 01970 580398

<p>Situated on Queen Street, this well-positioned investment property comprises a single building arranged as two separate two-bedroom flats, offering an excellent opportunity for investors seeking an established residential investment with both units already let to separate tenants.</p><p>The property is being offered for sale strictly to investors with tenants in situ, providing the opportunity to acquire two individual residential units with existing tenancies already in place. This allows the purchaser to take on an investment with established occupation from the outset, subject to the terms of the existing tenancies.</p><p>Each flat provides well-proportioned two-bedroom accommodation and is presented in good overall condition, offering practical and comfortable living space for the existing tenants. The layout of the building as two independent flats provides a straightforward investment arrangement, with each unit operating separately.</p><p>Flat 2 has recently benefited from cosmetic improvements, including redecoration and painting, further enhancing its presentation and ensuring the accommodation is maintained to a good standard. Both flats are considered to be in good condition and provide appealing residential accommodation.</p><p>The property's location on Queen Street provides convenient access to the surrounding town amenities, with local shops, services and transport links readily accessible. The position also provides a strong appeal to the local rental market, making this an attractive proposition for landlords looking to add a straightforward residential investment to their portfolio.</p><p>The property represents an excellent opportunity to acquire two separately occupied two-bedroom flats within one building, providing diversification across two tenancies rather than relying upon a single residential occupier.</p><p>Offered exclusively to investors with tenants in situ, this is an opportunity ideally suited to both existing landlords looking to expand their portfolio and investors seeking an established income-producing residential asset.</p><p>Early enquiries are recommended for further information regarding the existing tenancies and investment details.</p><br/><br/><b>Property additional info</b><br/><br/><b>Communal Entrance Way:</b><br/>Description: Enter front door into small communal hall way with door to left leading into Flat 1 and door in front leading to Flat 2.<br/><br/><b>Living Room:</b> 4.53 x 2.90<br/>Description: Living room has two wood sash single glazed windows, electric storage heaters, fireplace surround. Size Mixed: 4.53 x 2.90 (14'10" x 9'6")<br/><br/><b>Stairs and Landing:</b><br/>Description: Stairs leading to second floor landing with doors leading to a bathroom, bedroom 1 and bedroom 2.<br/><br/><b>Bathroom:</b> 2.70 x 1.72<br/>Description: Bathroom has a low level flush WC, wash hand basin, electric shower, double glazed Velux window sky light. Size Mixed: 2.70 x 1.72 (8'10" x 5'7")<br/><br/><b>Bedroom 1:</b> 2.43 x 3.83<br/>Description: Bedroom one has a double glazed Velux window and electric heater. Size Mixed: 2.43 x 3.83 (7'11" x 12'6")<br/><br/><b>Bedroom 2:</b> 1.80 x 2.88<br/>Description: Bedroom two has double glazed Velux window and electric heater. Size Mixed: 1.80 x 2.88 (5'10" x 9'5")<br/><br/><b>Living Area:</b> 3.33 x 4.20<br/>Description: Flat 1 entrance door leads into the living room which consists of a single paned wood sash window to front elevation, an electric storage heater, fire place surround, built in cupboards. To the back left of the living area is the kitchen area and to the back right is a hallway leading to the bedrooms and shower room. Size Mixed: 3.33 x 4.20 (10'11" x 13'9")<br/><br/><b>Kitchen Area:</b> 2.31 x 2.08<br/>Description: The kitchen is a modern fitted kitchen and has a range of base and eye level units, a free standing cooker with an extractor fan, under-counter fridge and under-counter freezer, stainless steel one and a half bowl and drainer sink, tiled splash back, single glazed wood sash windows to rear elevation, and wood effect lino floor. Size Mixed: 2.31 x 2.08 (7'6" x 6'9")<br/><br/><b>Hallway:</b><br/>Description: The hallway leads to bedroom one through first doorway on the right, bathroom through second doorway on the right and bedroom two to the through door at the end. Hot water tank is in cupboard to the left along with another door to the left which leads to small outside yard area.<br/><br/><b>Bedroom 1:</b> 4.15 x 2.80<br/>Description: The doorway leads to stairs down to the first bedroom which consists of a single glazed wood framed window, an electric storage heater and built in cupboards. Size Mixed: 4.15 x 2.80 (13'7" x 9'2")<br/><br/><b>Bathroom:</b> 1.45 x 2.42<br/>Description: The bathroom has a low level flush WC, wash hand basin with tiled splash back, extractor fan, electric shower and wood effect lino Size Mixed: 1.45 x 2.42 (4'9" x 7'11")<br/><br/><b>Bedroom 2:</b> 3.05 x 2.47<br/>Description: Bedroom 2 consists of double glazed uPVC window to side elevation, electric radiator and a Velux sky light window. Size Mixed: 3.05 x 2.47 (10'0" x 8'1")<br/><br/><b>Entrance Way for Flat 2:</b><br/>Description: Flat 2 entrance door leads to a flight of stairs which leads to a landing which consists of door to right for the kitchen/dining area, living room through door in front and a second flight of stairs on the left.<br/><br/><b>Kitchen:</b> 3.36 x 3.33<br/>Description: The kitchen has a modern fitted kitchen with a range of base and eye level units with a free standing cooker, extractor fan, stainless steel single bowl and drainer sink, tiled splash back, single glazed wood sash window, wood effect lino floor, free standing fridge freezer and electric storage heaters. Size Mixed: 3.36 x 3.33 (11'0" x 10'11")<br/><br/>