127 Chester Road, Mold Offers in the Region of £390,000 127 Chester Road Mold CH7 1UJ
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127 Chester Road, Mold Offers in the region of £390,000 127 Chester Road Mold CH7 1UJ An opportunity to acquire a wonderful residential investment that produces an 8% return on any capital investment. The detached building stands within its own private gardens which also provides ample parking for the development, which has been split into SIX self contained units providing a range of one and two bedroom flats. Arranged over three floors, the flats were refurbished to a high standard in 2006 by the current owners with the roof being re-felted, battened and old roof tiles fixed/replaced where necessary in 2006, with the timber soffits and fascias all replaced in the same year, and benefitting from uPVC windows throughout, they all have their own meters, showers over baths and have all the current appropriate certificates. The photographs shown are a selection of the individual flats in question. Producing an annual income of £31,200 equating to an 8% yield, this is a fabulous residential investment for any investor in the market. Some of the flats have been occupied for a long period of time, and all the tenants seem happy to extend their leases on a regular Directions This second floor flat is arranged over two floors, but the floor plan doesn't show the FLAT ONE extent of the flat. It comprises Hallway, GROUND FLOOR Double bedroom, Kitchen and Bathroom with This is accessed via a communal door to the a further room upstairs comprising office and ground floor, but through its own private front Living Room. door, and comprises Hallway, Living Room, rented from 19/12/2012 at £450pcm Kitchen, storage cupboard, double bedroom with an en-suite shower room. FLAT SIX Rented from 02/03/2011 at £350pcm SECOND FLOOR Comprises two double bedrooms, Bathroom, FLAT TWO Kitchen GROUND FLOOR Rented at 28/08/2010 at £477.75 This is accessed via a private entrance and comprises Living Room, two double About Mold bedrooms, bathroom and kitchen. Mold is a town located on the River Alyn, Rented from 11/04/2014 at £450pcm North Wales. The town is surrounded by a number villages such as Buckley (3.1 mi), FLAT THREE Penyffordd (3.5 mi) and Hawarden (4.3 mi), FIRST FLOOR and offers a town centre with a number of Via a private entrance, and comprises Living high street stores and restaurants, as well as Room, Double Bedroom, Kitchen and Theatre Clwyd. Bathroom. Rented from 06/12/2012 at £422.25pcm Are You Thinking Of Selling Or Renting? If you have a property for sale or for let, FLAT FOUR Prescott Hall would like to hear from you. We FIRST FLOOR would be delighted to carry out a free, no Via an external staircase and private entrance obligation market appraisal of your property. to the side of the property, and comprises Please contact a member of our team on Living Room, Double bedroom, Kitchen and 01244 349 012. Bathroom Rented from 23/04/2014 at £450pcm FLAT FIVE SECOND FLOOR • • Offers in the region of £390,000 Disclaimer While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property. Prescott Hall Ltd 17 Grosvenor Street Chester CH1 2DD Tel: 01244 349 012 Email: [email protected] Web: www.prescotthall.co.uk .