Vale Road, Rhyl
2 bedroom Residential flat with 1 reception room (currently being used as a 1 bedroom with 2 reception rooms)
Separate commercial property on a long lease below (both properties have private entrances)
Price £130,000
Combined annual income £12,400 (Residential £5,200 and commercial £7,200)
Excellent condition throughout
Private parking for 3-4 cars
Freehold property
Independent written valuation of the flat alone is £95,000
Easy margin for residential rent to increase
NET returns for doing nothing 9.5% NET
Equity in the property between £35-£40k
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