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Yieldit are pleased to offer to the market this exceptional detached pub conversion, nestled in the vibrant town of Merthyr Tydfil. This stunning property offers a rare opportunity to own a remarkable investment with its 9 thoughtfully designed studio apartments spread across 3 floors. With 2 rooms dedicated to office areas, 1 for shared communal spaces, and the rest transformed into stylish studios, this conversion perfectly blends modern convenience with the charm of its historic roots.
As you enter, you'll immediately appreciate the meticulous attention to detail that has gone into transforming this historic pub into a collection of stylish and comfortable studio apartments. Each unit has been thoughtfully designed to maximise space and functionality, offering a comfortable living area, a well-appointed kitchenette, and a sleek en-suite bathroom. The lower-level basement offers exciting potential for expansion, with the possibility of converting the space into additional studio apartments or communal areas. This presents a fantastic opportunity to further enhance the property's rental potential and increase your investment returns.
Externally residents can enjoy a delightful communal patio area, a large driveway providing ample parking space for residents and visitors alike. The property benefits from a secure lease providing you with a hassle-free rental income stream with option to renew the lease.
Situated in a highly desirable location, this property benefits from easy access to a wealth of amenities, including local shops, restaurants, and entertainment venues. With excellent transport links nearby, including the train station just a short distance away, residents will appreciate the convenience of city living within a charming town setting.
Financial Breakdown
Gross rent: £70,000
Net income: £70,000
Gross yield: 7.37%
Net yield: 7.37%
Important Note To Purchasers
*Service charge, management fee and ground rent are included as part of the assured rental period.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
Yieldit ref: Yl-07595