Offers over
£450,000
4 bed block of flats for saleStanwell Road, Penarth CF64
4 beds
2 baths
2 receptions
Added on
About this property
Freehold mixed-use investment
Current combined rental income of £34,632 per annum
Ground floor commercial unit
Two self-contained two-bedroom apartments
Highly sought-after Stanwell Road location
Excellent access to Penarth town centre and seafront
Scope for future improvement and rental growth
A superb freehold mixed-use investment opportunity occupying a prominent position on the highly regarded Stanwell Road in Penarth.
The property comprises a ground floor commercial unit, currently operating as a shop, with two self-contained two-bedroom apartments above, one of which is arranged over two floors. Together, the three units currently produce an impressive £34,632 per annum, offering an attractive combination of commercial and residential rental income.
There is also scope for an incoming investor to undertake improvements and modernisation over time, with the potential to further enhance both the property and its income-producing capabilities.
Stanwell Road is one of Penarth's most established and desirable locations, within easy reach of the town centre, local shops and amenities, excellent transport links and the seafront.
We are advised by the vendor that provisions of electricity, water and sewerage are connected to a mains supply, and no materials used in construction may impact a buyer's enjoyment, mortgage availability, or insurance availability, and there are no issues or restrictions on mobile signal/coverage.
Certain photographs in this listing have been virtually staged or digitally enhanced using ai-generated furnishings and décor to illustrate the potential use of space. These images are for marketing purposes only and may not accurately represent the current condition, contents, dimensions or layout of the property. Prospective buyers or tenants should rely on their own inspection.
Please note: A non-refundable administration fee of £24 including VAT is payable per buyer to carry out the required aml verification checks once an offer has been accepted. The sale cannot proceed until these checks have been satisfactorily completed. This is on acceptance of offer only. Details can be found on our website.
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