Lot
034
Auction Ends: 22/03/2023 12:38 - Bidding opens Tuesday 21st March 10:00 AM

16 Beechwood Road, Rhyl, Denbighshire LL18 3EU

Property Details
Location
Auction Details
Description
A high yielding residential investment opportunity comprising a substantial mid terrace house converted to provide 5 x 1 bedroom flats and 1 x studio flat, all currently let and producing an annual income of approximately £27,560. The flats are varied in terms of overall size, layout and condition with a large ground floor flat (formerly the landlords accommodation) the biggest of the 6 units. The sale provides a fantastic opportunity to purchase a property returning in excess of 18% (if purchased at the top end of the guide price).
Location
The property fronts onto Beechwood Road close to its junction with Russell Road (A548) within walking distance of Rhyl Town Centre and a variety of amenities and facilities. East Parade and the new Pavillion Theare is located just a short stroll away at the top of Beechwood Road.
Accommodation
Pugh & Co were not able to inspect all of the flats at the time of initial inspection so some of the below accommodation has been provided by the vendor. Buyers are advised to rely solely upon their own enquiries. 

Ground Floor FlatEntrance Hall, Kitchen, Living Room, Bedroom, Bathroom
Flat 1 (ground floor)Kitchen / Living Room / Bedroom with en-suite Shower Room
Flat 2 (1st floor)Entrance Hall, Kitchen / Living Room, Bedroom with en-suite Shower Room
Flat 3 (1st floor)Entrance Hall, Kitchen / Living Room, Bedroom with en-suite Shower Room
Flat 4 (2nd floor)Entrance Hall, Kitchen / Living Room, Bedroom with en-suite Shower Room
Flat 5 (2nd floor)Kitchen, Living Room, Bedroom with en-suite

Tenure
Unknown
Tenancy




Flats 1-5 are tenanted at £80 p/wk whilst the ground floor flat is tenanted at £130 p/wk. The rent is currently paid direct from the local authority to the landlord. 


Ground Floor Flat£563.33pcm
Flat 1£346.67pcm
Flat 2£344.67pcm
Flat 3£344.67pcm
Flat 4£344.67pcm
Flat 5£344.67pcm

Costs
Details of the Buyer's Premium and any additional fees payable are contained within the legal documents.
General
1. All the information provided on our website is for indicative purposes only and interested parties should refer to the contents of the legal pack and rely upon their own due diligence as a prudent bidder.

2. PLEASE NOTE BIDDING COMMENCES ON TUESDAY 21ST MARCH AND CLOSES ON WEDNESDAY 22ND MARCH.

3. Energy Performance Certificate:
Ground floor flat = D
Flat 1 = D
Flat 2 = C
Flat 3 = D
Flat 4 = D
Flat 5 = D

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28-30 High Street, Rhyl, Denbighshire, LL18 1ET

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Guide Price: £100,000 plus

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