Full details for 2 Bedroom For Sale in Mountain Ash
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Description
Council tax band: TBC
Ramsay & White Estate Agents are delighted to present this semi-commercial property located on Penrhiwceiber Road, offering a fantastic investment opportunity with both residential and commercial rental streams. The property is comprised of a ground-floor retail unit, currently being used as a barbershop, with the potential to generate a monthly rent of £450 - £500 a month. The shop enjoys a prominent location with excellent footfall, making it a great asset for continued commercial use.
In addition to the retail unit, the property includes a self-contained 1-bedroom flat on the basement level. This flat features a private garden, offering tenants an appealing outdoor space. Currently achieving a rent of £450 per month with a tenant currently in place.
On the first floor, there is a further 1-bedroom flat that brings in £475 per month in rent. This spacious and modern flat is well-maintained with a tenant currently in place.
With a total combined rental income of £1,425 per month, the property offers an approximate gross yield of 11%. This is a highly attractive investment for those looking to secure a property with mixed-use potential and strong rental returns.
Penrhiwceiber is one of the many villages that make up the larger town of Mountain Ash, the property is ideal for commuters with the train station being a short walk away and the cross valley link road nearing completion giving direct access to the A470. Through the A470 you can gain access to the A465 & M4 opening up options to commute between Cardiff, Swansea, Abergavenny & Merthyr Tydfil all within approximately an Hour.
The village of Penrhiwceiber offers a selection of amenities including a local Co-op, takeaway restaurants and other expected services. The larger towns of Mountain Ash & Aberdare expand on the options available with a variety of superstores and Merthyr Tydfil Retail park all within a 20 minute drive.
