£35,000
Est. Mortgage £176 per month*
1 bedroom flat for sale
Denbighshire, LL18 1AU
flat 
1 bedroom Property description
Pattinson Auction are pleased to market for sale a well positioned one bedroom, second-floor flat in Rhyl. Close to local amenities, transport links, and within walking distance of the beach.
The flat features a living room, kitchen, a spacious double bedroom and a bathroom.
The communal areas are fitted with emergency lights, fire doors and a fire alarm system plus an intercom entry system.
The property is currently let to a long-term tenant, generating a rental income of £110 per week / £476.67 per month, offering a potential yield of over 13% an excellent opportunity for investors looking for strong returns.
This is an ideal investment opportunity, providing immediate rental income with the potential for long-term growth.
Building Details
Regarding service fees for this building. The fee of 600 covers building insurance, cleaning fees, fire alarms, emergency lights, general maintenance and HMO licence fee. The fee is reviewed on the 1st November each year, and is payable monthly. The freeholder is absent and no ground rent is currently payable. This property is not suitable for a mortgage. Cash buyers only. Flat 4 is heated by way of electric heating, a gas meter has been installed to the rear of the building but this connection is not live. Gas heating can be installed.
Council Tax Band: A
Tenure: Leasehold
Length Of Lease: 111
Annual Ground Rent Amount: £50.00
Ground Rent Review Period: Payable on 1st June each year. £50 per year (up to 2036) then £100 per year (up to 2061)
Annual Service Charge Amount: £600.00
Service Charge Review Period: (Review Date 1st November 2025)
The flat features a living room, kitchen, a spacious double bedroom and a bathroom.
The communal areas are fitted with emergency lights, fire doors and a fire alarm system plus an intercom entry system.
The property is currently let to a long-term tenant, generating a rental income of £110 per week / £476.67 per month, offering a potential yield of over 13% an excellent opportunity for investors looking for strong returns.
This is an ideal investment opportunity, providing immediate rental income with the potential for long-term growth.
Building Details
Regarding service fees for this building. The fee of 600 covers building insurance, cleaning fees, fire alarms, emergency lights, general maintenance and HMO licence fee. The fee is reviewed on the 1st November each year, and is payable monthly. The freeholder is absent and no ground rent is currently payable. This property is not suitable for a mortgage. Cash buyers only. Flat 4 is heated by way of electric heating, a gas meter has been installed to the rear of the building but this connection is not live. Gas heating can be installed.
Council Tax Band: A
Tenure: Leasehold
Length Of Lease: 111
Annual Ground Rent Amount: £50.00
Ground Rent Review Period: Payable on 1st June each year. £50 per year (up to 2036) then £100 per year (up to 2061)
Annual Service Charge Amount: £600.00
Service Charge Review Period: (Review Date 1st November 2025)
Property photos
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Council tax
First listed
Over a month agoDenbighshire, LL18 1AU
Marketed by
Pattinson - North West Auction 2 Hills Street Gateshead, Tyne and Wear NE8 2ASCall agent on 0191 499 9262
Placebuzz mortgage repayment calculator
Monthly repayment
Based on a 25 year mortgage, with a 10% deposit and a 4.50% interest rate.
Denbighshire, LL18 1AU - Streetview
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