Sycamore Street, Newcastle Emlyn
JO

Sycamore Street, Newcastle Emlyn

By John Pye Property

£ 260,000

John Pye Property says ..

•Available subject to auction terms and conditions <br />•Guide Price: £260,000+<br />•Town Centre Commercial/Residential Investment Opportunity<br />•Excellent holiday letting potential<br />•Freehold with Vacant Possession<br /><br />A substantial Grade II listed three storey property occupying a prominent position in the centre of the sought after market town of Newcastle Emlyn. The property was formerly used as a bank with the ground floor currently providing retail accommodation, which benefits from store rooms, kitchen and wc facilities.<br /><br />The upper floors have recently undergone redevelopment/refurbishment works and provide a first floor one bedroom self contained flat and second floor two bedroom self contained flat. There is additional potential to provide a self contained studio flat at first floor level (subject to the necessary planning consents). The accommodation has been completed to a good standard and currently operates as holiday letting accommodation, which we are advised achieves good occupancy levels.<br /><br />The property is situated on Sycamore Street in the centre of Newcastle Emlyn town centre where there are a good range of local facilities and amenities. The beaches of Ceredigion are nearby with Aberporth Beach approximately 8 miles in the north west.<br /><br /><b>Accommodation</b> - Ground floor retail: 98.5 Sq m<br />First floor one bedroom flat: 54 Sq m<br />First floor potential studio flat (STP)<br />Second floor two bedroom flat: 78 Sq m<br /><br />(Measurements taken from the EPC’s and VOA)<br /><br /><b>Services</b> - We understand the property to have mains electricity, water and drainage. However, interested parties are advised to make their own enquires.<br /><br /><b>Tenure</b> - Freehold<br /><br /><b>Guide Price</b> - £260,000+<br /><br /><b>Vat</b> - VAT if applicable will be charged at the standard rate.<br /><br /><b>Buyer's Premium</b> - 2% (min. £3,600) inc. VAT<br /><br /><b>Viewings</b> - Viewings are by appointment only. Please contact one of our agents on or email <br /><br /><b>Sell Your Property</b> - If you are thinking of selling your property, contact us now for a free appraisal and benefit from:<br /><br />•0% Seller Fee<br />•£0 Entry Fee<br />•£0 Marketing Costs<br />•20 Working Day Completion <br />•Monthly auctions<br /><br />

Bedrooms
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Bathrooms
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Metrics Year-on-Year

Average area value
310,998.00 £
Decreased by 1.08 %
from 314,389.00 £
Average area rental value
1,363.00 £/mo
Increased by 13.58 %
from 1,200.00 £/mo
Est rental Yield
5.26 %
Increased by 14.85 %
from 4.58 %
Crime Rate
115.00 %
Unchanged by 0.00 %
from 115.00 %

Agent Activity

  • John Pye Property created the listing.

Nearby Schools

NameTypeOfstedDistance
Ysgol Y DdwylanWelsh Establishment0.18 KM
Ysgol Gyfun EmlynWelsh Establishment0.40 KM
Ysgol CenarthWelsh Establishment6.69 KM
Ysgol Wirfoddol PenboyrWelsh Establishment7.84 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Res y Cawdor / Cawdor Terrace £ 000.00 KM
Sycamore Street £ 000.00 KM
Stryd y Dŵr / Water Street £ 000.00 KM
New Road £ 000.00 KM
Heol y Castell £ 135,00000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Water Street, Newcastle Emlyn, Carmarthenshire. SA38 9BH £ 199,950BUY5 / 100.15 KM
Water Street, Newcastle Emlyn, SA38 £ 199,950BUY5 / 100.15 KM
Water Street, Newcastle Emlyn, SA38 9BH £ 85,000BUY4 / 100.17 KM
16a Sycamore Street, Newcastle Emlyn £ 135,000BUY5 / 100.20 KM
Penlan Terrace, Newcastle Emlyn, Carmarthenshire. SA38 9HL £ 155,000BUY6 / 100.24 KM

Nearby Properties

AddressPriceDistance
16 Sycamore Street £ 105,0000.12 KM
16a Sycamore Street £ 62,0000.12 KM
1 Emlyn Square £ 130,0000.13 KM
Glanteify £ 85,0000.17 KM
4 Porth Street £ 15,5000.19 KM