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New Hedges, Tenby

4 beds | 4 baths | 4 receptions | £260,000


  • Four X 1 Bedroom Flats
  • Ideal Investment Opportunity
  • Popular Village Location
  • Recently Redecorated, etc,..
  • Double Glazed & Electric Heating
  • 2 Vacant & 2 Tenanted
  • EPC Ratings D and E

FOR SALE BY ONLINE AUCTION.
IDEAL INVESTMENT PROPERTY 4 X 1 BEDROOM FLATS
An opportunity to acquire a small block of four, one bedroom, flats located in the village of New Hedges, between Tenby and Saundersfoot. The flats are ideally suited to the long let and holiday let markets. The 2 ground floor flats are currently tenanted.
The flats have been recently upgraded and are presented in good condition throughout. Separate EPC's are available on each unit.
The sale includes the adjoining 5 car parking spaces. The flats are double glazed and have electric heating.
The flats are just a very short walk from the village shop/post office and there is a local bus stop nearby.
GUIDE PRICE CIRCA £260,000

Flat 1 - Tenanted
Flat 1 is being sold with the benefit of the existing tenancy.

Flat 2
Accessed via steps to deck.

Kitchen/Diner 13'9 x 11'5 (4.19m x 3.48m)
Fitted with a range of wall and base units with worktop over, stainless steel single drainer sink unit, electric oven, hob and extractor over, tiled splashback, plumbing for washing machine, vinyl flooring, night storage heater, double glazed window to front, airing cupboard with hot water cylinder and immersion heater.

Inner Hall
Carpet, ceiling light, access to loft space.

Lounge 13'5 x 10'7 (4.09m x 3.23m)
Double glazed window to side, carpet, ceiling light, night storage heater.

Bedroom 12'5 x 10'8 (3.78m x 3.25m)
Double glazed window to side, carpet, ceiling light, night storage heater.

Bathroom 9'4 x 5'8 (2.84m x 1.73m)
Panel bath with shower over, low level WC, pedestal wash hand basin, vinyl flooring, obscure double glazed window to side, ceiling light.

Flat 3
First floor deck similar to flat 2, gives access via double glazed front door into;

Kitchen 14'9 x 10'4 (4.50m x 3.15m)
Fitted with wall and base units with worktop over, stainless steel single drainer sink unit, electric oven, hob and extractor, tiled splashback, plumbing for washing machine, vinyl flooring, night storage heater, double glazed window to front.

Inner Hall
Carpet, double glazed window to rear, airing cupboard with immersion heater, access to loft space.

Bathroom 7'10 x 4'11 (2.39m x 1.50m)
Panel bath with shower over, low level WC, pedestal wash hand basin, vinyl flooring, obscure double glazed window, ceiling light.

Lounge 15'4 x 9'9 (4.67m x 2.97m)
Double glazed window to front and rear, carpet, ceiling light, night storage heater.

Bedroom 11'10 x 9' (3.61m x 2.74m)
Double glazed window to front, carpet, ceiling light.

Flat 4 - Tenanted
Flat 4 is being sold with the benefit of the existing tenancy.

Externally
To the front of the property is a small shrub garden and alongside the block there is a car park with 5 parking spaces being sold the flats.

Freehold/Leasehold Information
The property is being sold as a freehold block which is held by Flat 4 and each unit has the benefit of 125 year lease from 2014.

General Information
Flats 1 and 4 are subject to assured shorthold tennancies. Currently paying £475.00 pcm. Should the block be fully let on this basis that would equate to a total rental income of £22,800

Energy Performance Ratings
The flats have been assessed individually for EPCs, the ratings are as follows:
Flat 1 - E
Flat 2 - D
Flat 3 - E
Flat 4- E

Online Auction 12th May 2021
Bidding will start at 11am on 11th May 2021. Closing bidding time is 3pm on 12th May 2021.

Solicitors
Lewis Lewis & Co
County Chambers
Pentre Road
St Clears
Carmarthenshire
SA33 4AA
Contact: Mr Haydn Williams

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Knightson Lodge, New Hedges Pembrokeshire

4 Flats | Investment Opportunity | Potential Income £22,800 | Price Guide £260,000


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