Glebe Street, Penarth, CF64

SUMMARY
INVESTMENT OPPORTUNITY – Converted to 7 high end apartments with an approx rental yield of 10%. Tenants in situ. Four X 2 bedroom apartments and Thee X 1 bedroom apartments.


DESCRIPTION
INVESTMENT OPPORTUNITY – Rental incomes between £875 to £950 per calendar month. Rental yeild of apporx. 10% per annum. Tenants in situ. Renovated to a high standard throughout. Private courtyard to the rear.

Valid EPCs on all seperate appartments.

An elegant Victorian seaside town situated in the Vale of Glamorgan. Penarth is a vibrant and exciting place to live work and play with a population of just over 22,000. With five primary schools and two secondary schools, it is a popular place to raise a family. It boasts a thriving town centre offers a variety of shops, delicatessens, and organic food within the beautiful Victorian arcade. Similarly, the town offers stunning listed buildings and structures of special local and historic interest that contributes to the environment and cultural heritage of Penarth. As well as shopping you can find plenty of outdoor areas such as the beach, Esplanade, Clifftops, railway path and Cosmeston Lakes and country Park. Providing lots of options for family activities walkers and joggers. Local rugby, football, hockey and cricket clubs also contribute to the active community . Penarth also lies approximately 4 miles from Cardiff city centre thanks to the excellent transport links by rail and by bus. The Cardiff Bay barrage offers a safe, traffic free route for much of the way for those wishing to cycle, scooter, or walk.

49 Glebe Street 
PRIVATE ENTRANCE – GROUND FLOOR Open plan kitchen/ living/ dining room, utility area, 2 double bedrooms, shower room, access to private courtyard.

49a Glebe Street 
COMMUNAL ENTRANCE – FIRST FLOOR Open plan kitchen/ living/ dining Room, 2 double bedrooms, shower room.

49b Glebe Street 
PRIVATE ENTRANCE FROM REAR COURT YARD – GROUND FLOOR Living room, kitchen/ diner, seperate cloakroom, bedroom, en suite shower room, access to rear court yard.

49c Glebe Street 
PRIVATE ENTRANCE – FIRST FLOOR – ACCESS FROM REAR COURT YARD Open plan kitchen/ living/ dining room, two bedrooms, two shower rooms.

50 Glebe Street 
COMMUNAL ENTRANCE – GROUND FLOOR Open plan living/ kitche/ dining room, one double bedroom, shower room.

50a Glebe Street 
COMMUNAL ENTRANCE – FIRST FLOOR Open plan living/ kitchen/ dining room, one double bedroom, en suite shower room.

Loft, Top Floor, 50 Glebe St 
COMMUNAL ENTRANCE – SPLIT LEVEL – TOP FLOOR PRIVATE SUN TERRACE Utility area, open plan living/ dining/ kitchen, private sun terrace, two double bedrooms, shower room.

Rental Information 
INVESTMENT OPPORTUNITY – Rental incomes between £875 to £975 per calendar month. Rental yeild of apporx. 10% per annum. Tenants in situ. Renovated to a high standard throughout. Private courtyard to the rear.

Freehold 
Freehold with purchase.



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 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.

Marketed as a premium display