***Investment property*** Swift Property Services are pleased to offer 3 Waterloo Terrace on the market for sale. The property comprises of a two bedroom ground floor apartment and two bedroom second floor apartment conveniently situated in Carmarthen town, within close proximity of further amenities including schools, supermarkets, transport links including bus/train stations and much more. The ground floor apartment is currently let out at 480 per calendar month and the first floor apartment is vacant. Aspects of the building including the first floor apartment are in need of renovation works / refurbishment. Potential rental income for both properties in good order would be 1250 per calendar month (625 per apartment), providing a potential gross yield in the region of 7 - 8%. We act as managing agents for the property which has been let out to the ground floor tenant since May 2019. Both apartments are fairly spacious with large living rooms, two bedrooms, bathrooms and kitchens. Cellar. Externally there is an enclosed rear garden and sheds (shared by both tenants). Council tax band "B". Both properties EPC "D". All properties are self contained and supplied/metered independently. All properties are heated by mains gas central heating. Certificate for gas boilers and DEICR's for electrics in date and available to view. Smoke alarms are mains and interlinked throughout the property to comply with residential letting regulations. Freehold property. To arrange a viewing please contact Swift Property Services on 01267231394 /
[email protected]. Please note: The vendor is only prepared to sell to a buyer looking to retain the existing tenants. Please note, the sale is subject to a grant of probate being received by the executors dealing with the sale. We are advised this should be in order from approximately November 2024.
Location:
Waterloo 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 uPVC door opening up the communal hall. Doors to the cellar, first floor apartment and part glazed door to the ground floor apartment.
Ground Floor Apartment
Hall:
Doors to kitchen, bathroom, garden and bedrooms 1 & 2. Tiled flooring. Mains smoke detector.
Living Room - 4.05m ( 13'4'') x 4.58m ( 15'1''):
Door to kitchen. uPVC double glazed window to fore. Carpeted floor. Alcoves. Thermostat for boiler. Radiator.
Kitchen - 3.77m ( 12'5'') x 3.93m ( 12'11''):
Doors to living room and hall. uPVC double glazed window to rear elevation. Range of base and wall units. Stainless steel sink and drainer. Range of base and wall units. Quarry tiled floor. Plumbing for a washing machine. Electric cooker. Heat detector. Coved ceilings.
Bathroom - 1.52m ( 5'0'') x 2.61m ( 8'7''):
Door to hall. Window to rear elevation. Three piece bath suite comprising of bath with screen & shower over, WC and pedestal wash basin. Lino Flooring. Radiator. Extractor.
Bedroom 1 - 4.10m ( 13'6'') x 4.50m ( 14'10''):
Door to hall. uPVC double glazed window to fore. Wood flooring. Textured walls and ceilings. Radiator. Alcoves.
Bedroom 2 - 3.53m ( 11'7'') x 1.85m ( 6'1''):
Door to hall. Carpeted floor. Window to side elevation. Access to loft space.
First Floor Apartment
Landing:
Stairs down to communal hallway. Doors to all rooms including bedrooms 1 & 2, living room, bathroom, kitchen and box room. Carpeted floor. Mains smoke detector.
Living Room - 3.93m ( 12'11'') x 4.57m ( 15'0''):
Door to landing. uPVC double glazed window to fore. Carpeted floor. Radiator. Access to loft space. Coved ceilings.
Bedroom 1 - 4.60m ( 15'2'') x 3.23m ( 10'8''):
Door to landing. uPVC double glazed window to fore. Radiator. Carpeted floor.
Kitchen - 3.07m ( 10'1'') x 2.45m ( 8'1''):
Opening to landing. uPVC double glazed door and window with stairs leading down to communal garden. Base and wall units. Stainless steel sink and drainer. Plumbing for a washing machine. Electric cooker. Worcester gas combination boiler. Smoke detector.
Bedroom 2 - 3.28m ( 10'10'') x 1.81m ( 6'0''):
Door to landing. Window to side elevation. Radiator. Carpeted floor.
Bathroom - 2.14m ( 7'1'') x 2.79m ( 9'2''):
Door to landing. Three piece bathroom suite comprising of WC, bath with shower over and pedestal wash basin. Frosted uPVC double glazed window. Radiator. Extractor. Part tiled walls. Airing cupboard. Lino flooring.
Box Room - 2.05m ( 6'9'') x 1.87m ( 6'2''):
Door to landing. Window to fore. Radiator. Carpeted floor.
Externally:
Enclosed rear garden comprised of mainly patio area, lawn and sheds. Both apartments have access. Gated side access to adjoining lane. Front patio garden.
Services:
Both properties are independently supplied and metered. Both feature mains gas central heating, electricity, mains water and sewerage. High speed broadband coverage area.
Certificates:
Both properties include EICR and gas safety certificates. Ground Floor, Electric dated October 2023 (valid for five years) Gas July 2023 Glow-worm/Betacom4 24C combi boiler. (Renewed annually). First Floor, Electric dated October 2023 and Gas December 2023 Worcester-Bosch/Greenstar 28i Junior combi boiler. Windows for First floor apartment have a FENSA certificate valid until November 2027. Both properties include mains, interlinked smoke detectors inline with current regulations.
Rental Terms:
Ground Floor apartment. Currently let out to current tenant since May 2019. Current rent 480 per calendar month. First floor flat has recently become vacant and requires renovation / refurbishment. Potential rents for both properties in good order would be approximately 1250 per calendar month (625 per flat). , offering a potential gross yield of approximately 7 - 8 %.
EPC:
Ground Floor D - 62 Valid until August 2028. First Floor D - 67 Valid until September 2031.
Tenure:
Freehold.
Council Tax:
Band "B". Local Authority Carmarthenshire county council.
Construction:
Stone
Further Details:
https://sprift.com/dashboard/property-report/3-waterloo-terrace-carmarthen-sa31-1dg/3561722
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