Opportunity to purchase a 4-unit block in Haverfordwest generating £21,600 rent pa & gross yield of 6.2%
£350,000
4-unit Block
VES-SA61-001
INITIAL INVESTMENT
£103,500
Based on
deposit: £87,500
stamp duty: £10,500
mortgage fees: £1,500
conveyancing fees: £4,000
GROSS RENT
£21,600
GROSS YIELD
6.2%
The block
TENURE
Freehold
NO OF UNITS
4
TENANCY STATUS
Tenanted
FURNISHED
No
TOTAL SQ FT
4,070
PRICE SQ FT
£86
Block information
- The block comprises
- 1 x 3-bed apartment
- 3 x 2-bed apartments
- EPC ratings: C & D
- Council tax bands: A, B & C
Rental information
The properties are fully let achieving:
- Monthly rental income: £1,800
- Annual rental income: £21,600
Location information
- The properties are located just outside of the town centre which can be reached in 10 minutes on foot
- Haverford railway station is just a minutes' walk from the property
- Easy access to the A40 and surrounding road network
Note
Please note that Vesta has not visited this property and that the vendor has provided all material.
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Floorplans
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The information relating to this property is supplied by the vendor and was the latest available information at the time of listing. Certain information may expire or become inaccurate over time.
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About Haverfordwest, Pembrokeshire
Haverfordwest is the county town of Pembrokeshire in Wales. It lies around 8 miles north-east of Milford Haven, 7 miles north of Neyland, 46 miles west of Swansea and 80 miles west of Cardiff.
The town is at the junction of the A40 connecting it to Fishguard and Camarthen, the A4076 connecting it to Milford Haven and Pembroke Dock, and the A487 connecting it to St Davids.
Haverfordwest railway station is on the Milford Haven branch of the West Wales lines. Southbound rail services run to Milford Haven, while east/north-bound services run to Manchester Piccadilly via Swansea, Cardiff Central and Hereford.
Some of the local attractions include Haverfordwest town museum, Scolton manor, Picton castle and gardens and the Welsh spitfire museum, to name a few. There are also a number of beaches such as Little Haven beach and Nolton Haven beach.
The town centre offers a variety of retailers including well-known brands and independents, whilst the Riverside shopping centre a little further along offers more stores. Every Friday a farmers market is held along the Riverside shopping area offering home-grown and home-produced goods.
Education in Haverfordwest is provided by a small number of primary schools, Ysgol Caer Elen a Welsh-medium school, Haverfordwest High VC School, Haverfordwest Grammar School and Pembrokeshire College.
As a sub-regional hub-town the local economy continues to serve as the principal commercial and retail centre.
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