Holton Road, Barry
About this home
Property Details: • Type: House • Tenure: LEASEHOLD • Floor Area: N/A
Key Features: • 11 RESIDENTIAL UNITS • HOLTON ROAD - TOWN CENTRE • TURN KEY INVESTMENT OPPORTUNITY • £9100 PCM RENTAL INCOME - 7.3% YEILD
Location: • Nearest Station: Barry Docks Station • Distance to Station: 0.3908167904190084 miles
Agent Information: • Address: 9 Tynewydd Road, Barry, CF62 8HB
Full Description: <br /><b>SUMMARY</b><br />Fully renovated town-centre investment opportunity on Holton Road, Barry. Sold as one title, the development comprises eleven residential units including two two-bedroom flats, seven one-bedroom flats and two one-bedroom coach houses.<br /><br /><br /><b>DESCRIPTION</b><br />Investment Opportunity – Town Centre Location<br /><br />Situated on Holton Road, Barry town centre, this substantial converted mid-terrace building presents an excellent investment opportunity and is offered for sale as one title only, ideal for investors.<br /><br />The property has been fully renovated throughout and is configured to provide:<br /><br /><br />Two spacious two-bedroom flats<br /><br />Seven one-bedroom flats<br /><br />Two one-bedroom coach houses to the rear<br /><br /><br /><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 currently generates 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 />Conveniently located in the heart of Barry, the property benefits from excellent access to local amenities, shops, public transport links and commuter routes. <br />A turnkey investment offering strong income in a central, high-demand location.<br /><br />Please note that an AML fee is chargeable once an offer is accepted to cover the cost of carrying out the required identity and anti-money laundering checks.<br /><br /><b>Agents Note:</b> <br />Agents Note: The Land Registry title has yet to be updated with the Vendor’s details. Please ask the branch for more details.<br /><br /><b>Basement</b> <br /><br /><b>Kitchen/Reception/Dining Room</b> 26' 4" x 10' 10" ( 8.03m x 3.30m )<br /><br /><b>Bedroom 1</b> 12' 6" x 9' 5" ( 3.81m x 2.87m )<br /><br /><b>Bedroom 2</b> 12' 6" x 8' 2" ( 3.81m x 2.49m )<br /><br /><b>Bathroom</b> <br /><br /><b>Storage area</b> 9' 7" x 6' 2" ( 2.92m x 1.88m )<br /><br /><b>Ground Floor</b> <br /><br /><b>Bedroom 1</b> 13' x 12' 7" ( 3.96m x 3.84m )<br /><br /><b>Bedroom 2</b> 13' x 9' 2" ( 3.96m x 2.79m )<br /><br /><b>Kitchen/Reception/Dining Room</b> 22' 1" x 11' 2" ( 6.73m x 3.40m )<br /><br /><b>Shower Room</b> 8' 11" x 5' 10" ( 2.72m x 1.78m )<br /><br /><b>First Floor</b> <br /><br /><b>Kitchen/Reception/Dining Room</b> 19' 7" x 8' 6" ( 5.97m x 2.59m )<br /><br /><b>Bedroom 1</b> 25' x 10' 8" ( 7.62m x 3.25m )<br /><br /><b>Bedroom 2</b> 12' x 9' 2" ( 3.66m x 2.79m )<br /><br /><b>Shower Room</b> 8' 9" x 7' 5" ( 2.67m x 2.26m )<br /><br /><b>Kitchen/Reception/Dining Room</b> 14' 10" x 9' 10" ( 4.52m x 3.00m )<br /><br /><b>Bedroom 2</b> 10' 3" x 9' 10" ( 3.12m x 3.00m )<br /><br /><b>Kitchen/Reception/Dining Room</b> 14' 10" x 12' 5" ( 4.52m x 3.78m )<br /><br /><b>Bedroom 1</b> 16' 3" x 9' 2" ( 4.95m x 2.79m )<br /><br /><b>Shower Room</b> <br /><br /><b>Second Floor</b> <br /><br /><b>Kitchen/Reception/Dining Room</b> 16' 11" x 14' 6" ( 5.16m x 4.42m )<br /><br /><b>Bedroom 2</b> 10' 3" x 10' 3" ( 3.12m x 3.12m )<br /><br /><b>Shower Room</b> <br /><br /><b>Kitchen/Reception/Dining Room</b> 15' 7" x 13' 8" ( 4.75m x 4.17m )<br /><br /><b>Bedroom 1</b> 15' 11" x 9' 6" ( 4.85m x 2.90m )<br /><br /><b>Shower Room</b> <br /><br /><b>Third Floor</b> <br /><br /><b>Kitchen/Reception/Dining Room</b> 14' 11" x 11' 1" ( 4.55m x 3.38m )<br /><br /><b>Bedroom 1</b> 16' 10" x 15' 3" ( 5.13m x 4.65m )<br /><br /><b>Bedroom 2</b> 15' 5" x 9' 3" ( 4.70m x 2.82m )<br /><br /><b>Shower Room</b> 8' 2" x 5' 7" ( 2.49m x 1.70m )<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. <br />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. <br />3. The measurements indicated are supplied for guidance only and as such must be considered incorrect. <br />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. <br />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 PETER ALAN NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.