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Residential properties for auction in Cantref, Powys

Create Alert 1 result Sorry, we currently do not have any listings in 0 miles of Cantref, Powys - Please find below the nearest listings available.

Auction Date: 21st - 22nd November

Guide Price: £850,000 +

•Grade II* Listed Building
•Approx. GIA floor area 45,000 ft.²
•Guide price devalues to less than £20 ft.²
•Approx. site area 4.45 acres
•Renovation work to East Wing mostly completed
•Five existing 1 & 2 bed apartments
•Development opportunity (STP)
•Suitable for a variety of uses (STP)
•Located close to Pembrokeshire Coast National Park

Large semi-detached premises
Potential to convert to mixed use or flats
Accommodation over three storeys
Full conversion/renovation required
Approximately 3,930 Sq.Ft (taken from EPC)
Vacant possession
Close to amenities
Good residential location

This property is situated in an elevated position fronting Cardiff Road between the junctions of Chapel Street and Mount Hill Street. Located in Aberaman a small area on the outskirts of Aberdare Town centre, which lies 1.5 miles northwest of the property. Within Aberdare, there are a wide range of amenities including leisure facilities, supermarkets, retail outlets, schools and a college.
Aberdare is within the Cynon Valley at the confluence of the River Dare and Cynon. Just four miles northeast is the large town of Merthyr Tydfil. The capital city of Cardiff is 21 miles south east and can be accessed directly off the A470.
Sandwiched between the Brecon Beacons National Park and The Afan Forest Park the area attracts visitors all year round. Both Parks are well known for mountain biking and hiking or hillwalking trails for people keen to experience the outdoors and the scenic views on offer.

A substantial former public house adjoining two storey terraced housing. Ideal for any investor looking for a property requiring total renovation or conversion (STP).
The property offers spacious and versatile accommodation arranged over three floors, totalling approximately 3,930 Sq.Ft.
Given the right programme of renovation/ conversion and subject to the necessary planning permissions, we estimate the property could provide space for six flats arranged over the ground, first and second floors.
Alternatively the property could be renovated and re-instated as a public house/hotel.
Externally the property enjoys a small garden to the rear, and further benefits from ample car parking to the front and side.

Total – 3,930 Sq. Ft (365 Sq. M)
Approximate gross internal floor area taken from commercial EPC.
Please note an inspection has not been undertaken.

We understand the property to have mains electricity, water and drainage.


Investment Analysis
Subject to the necessary planning permissions we estimate the property could be converted into 4 x two bedroom flats and 2 x one bedroom flats.
If converted into flats, the property has the potential to generate an income in the region of £25,200 – £32,400 per annum, providing a gross yield of between 13.62% and 17.51% based on the guide price, before taking into account purchase costs or conversion costs.

Council Tax
The property is rated in Council Tax Band A. Council Tax payable (2017/18) is approximately £1,070.

Rateable Value
The property has a current rateable value of £4,400. We advise all interested parties to make their own enquiries.

Buyer’s Premium
2% (min. £3,600) inc. VAT

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The Kings Head, 263-265, Cardiff Road, Aberdare, CF44 6RD
Substantial Former Public House – Residential Development Opportunity (STP) – Approx. 3,930 Sq.Ft of Accommodation
Type: Residential, Mixed use, Hotel, Leisure, Pubs/Bars/Clubs, Retail, Other Property Types & Opportunities, Licensed & Leisure
Location: The Kings Head, 263-265 Cardiff Road, Aberdare, CF44 6RD
Size: 3930 Sq Ft
Images: 1
Brochures: 1
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