Holton Road, Barry

Property Details: - Type: House - Bedrooms: 12 - Bathrooms: 12

Agent: Allen & Harris - Barry Phone: 01446 380124

<br/><b>SUMMARY</b><br/>* CALLING ALL INVESTORS *<br/>An incredible opportunity to purchase a newly redeveloped portfolio, comprising 2 commercial units, 9 apartments. 2 x two bedroom apartments, 7 x one bedroom apartments and 2 x 1 bedroom, semi-detached dwellings.<br/><br/><br/><b>DESCRIPTION</b><br/>Allen & Harris are thrilled to present this investment opportunity to the market. Located in a prime position on Holton Road, this portfolio comprises two commercial units, nine 1- and 2-bedroom apartments and two semi-detached dwellings. <br/><br/>All refurbushed to a very high standard, this is calling out to all investors looking for a strong return.<br/>All residential units have been modernised to a high standard. Commercial units occupy the ground floor and are not included in the sale.<br/><br/>The block could generate an approximate rental income of £9,100 per calendar month (£109,200 per annum). Based on an asking price of £1,500,000, this represents a gross yield of approximately 7.3%.<br/><br/>A turnkey investment offering strong income in a central, high-demand location.<br/><br/><b>Ground Floor </b> <br/>Two commercial units.<br/><br/><b>First Floor</b> <br/>Apartments<br/><br/><b>Second Floor </b> <br/>Apartments<br/><br/><b>Third Floor </b> <br/>Apartments<br/><br/><b>Outside Rear</b> <br/>A part of semi detached dwellings.<br/><br/><b>Agents Note</b> <br/>Please note that an AML fee is chargeable to the buyer once an offer is accepted to cover the cost of carrying out the required identity and anti money laundering checks. Once these checks have been completed, the fee cannot be refunded, even if the property purchase goes ahead.<br/><br/><br/>Lease details are currently being compiled. For further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.<br/><br/><br/><br/>1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale. 2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property. 3. The measurements indicated are supplied for guidance only and as such must be considered incorrect. 4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase. 5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.