Project Description

Location
The subject properties are located on Common Road in the picturesque historical town of Pembroke, South West Wales. Garden Cottage is just a short stroll to  Pembroke Castle which is the fortress in which King Henry VII was born.

Local amenities in the area include a well stocked high street which attracts various banks, bars and restaurants. Nearby, Pembroke Dock also provides further amenities and is also a gateway to Southern Ireland via the Pembroke to Rosslare ferry. National rail provides access to the cities of Swansea and Cardiff to the east.

Description
Garden Cottage is accessed from the gated rear and entered straight into the kitchen / lounge area hosting a range of base and eye level units, integrated cooker and hob and stainless steel sink unit. The lounge is carpeted and enjoys views over the patio area.

The front of the property has a double bedroom which is carpeted. The bathroom consists of white 3 piece suite, tiled flooring and towel radiator.

Outside there is a raised patio area, and parking is available adjacent to the property.

New House is accessed from the main road and entered straight into the kitchen / lounge / dining area hosting a range of base and eye level units, integrated cooker and hob and stainless steel sink unit. The lounge is carpeted and enjoys views over the patio area.

Upstairs there are 2 double bedrooms which are carpeted. The bathroom consists of white 3 piece suite, tiled flooring and towel radiator.

This is a rare opportunity to potentially acquire one property and rent the other either as a holiday let or buy to let.

Accommodation
Not measured

Services
We understand the properties hava connections to mains electricity, water and drainage.

Tenure
Freehold

Investment Analysis
The properties have previously been let on an AST basis for £10,600 pa combined, this represents a gross yield of 10.5%.

Should Garden Cottage be let as a holiday home during peak times the property could achieve £400 per week during peak periods dropping to £250 per week in low season, In addition should the New House be let as a holiday let during peak times the property could achieve £500 per week during peak periods dropping to £350 per week in low season.

Council Tax
The properties are  rated in Council Tax Band A & B. Council Tax payable (2016/2017) is £714.27 and £833.32 respectfully

Viewing by Appointment

To view this property, please contact John Pye Property – property@johnpye.co.uk – 0115 970 6060

Please click the following link to access the legal pack documents – http://www.johnpye.auctiondocs.com/

Address

Garden Cottage & New House
Common Road
Pembroke
SA71 4EA

Features

✓ Ideal central location
✓ Close to local amenities and tourist attractions
✓ Perfect low maintenance holiday lets
✓ Previously let at £12,600 p.a representing a gross yield of 10.5%
✓ Live in one and rent the other
✓ Freehold
✓ Upvc double glazed.

Contact

Matt Kirk
Phone: 0115 970 6060
Email: property@johnpye.co.uk
Our Ref: PR187

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