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

The exterior of a cafe with a sign reading "The Anchor Cafe" and a blue sandwich board sign stating "Take Away Available" outside the entrance. The building has white and brick walls, with windows, satellite dishes, and a bicycle parked nearby.

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View of backyards and houses with red-tiled roofs, fences, utility poles, a gray car, a black trailer, a blue recycling bin, and cloudy sky.
A cluttered living room with floral wallpaper on the left wall, a brown armchair with white pillows, a corner bookshelf with books on top, large window with white curtains showing a street scene outside, and a few stacked moving boxes near the window.
Living room with beige blinds covering windows, two sofas (one patterned, one dark brown leather), a beige table lamp, bookshelf with books, and hardwood flooring with a gray rug.
A small kitchen with wooden cabinets, a stove, microwave, and various appliances and items on the countertops. An open door leads to a laundry area with a stacked washer and dryer.