This unique investment opportunity features two properties that come with approved planning consent for the development of five residential flats. The proposed conversion plan includes two one-bedroom units, two two-bedroom units, and one three-bedroom unit, providing a variety of living spaces that cater to different tenant needs.
Situated just a short walk from the center of Carmarthen, the location offers easy access to local amenities, shops, and transport links, making it an attractive choice for potential renters. Furthermore, there is potential to explore additional development opportunities, such as converting the property into an 11 or 12-bed House in Multiple Occupation (HMO), subject to securing the necessary planning permissions.
The property is being sold on a freehold basis and presents a solid chance for investors looking to capitalize on the growing rental market in this area. With careful renovation and strategic planning, this property could be transformed into a valuable asset that generates consistent rental income while enhancing its overall value.
Investors should take note that comprehensive due diligence is essential; all relevant legal documents will be available online for review. This means you're equipped with the information needed to make informed decisions about your investment moving forward.
