Yiedit are pleased to present this incredible investment opportunity which is
offered to the market already tenanted and producing a fantastic 7. 5% rental
yield. This mid terraced property is located in the heart of Rhyl and offers
an enormous amount of living accommodation including lounge, dining room with
patio doors leading to a huge garden, fully fitted kitchen, four generously
sized bedrooms, two bathrooms and garage.
Bedford Street is ideally located in the centre of the popular Welsh seaside
town of Rhyl, which has four beautiful beaches and over seven miles of sand
stretching all the way from Rhyl to its sister resort of Prestatyn. Rhyl
boasts several attractions including the promenade which is packed with things
to see and do – from a spectacular waterpark and seafront aquarium to a state -
of - the - art cinema and 1, 000 - seat theatre. There are lots of walkers and
cyclists too the 870 - mile Wales Coast Path and 372 - mile National Cycle Route 5
cycle routes which pass through.
Rhyl’s attractive entry prices and excellent yields make this a brilliant
location to invest in buy - to - let properties with a population of around 25, 000
rental accommodation is always in high demand. It's also a popular holiday
resort and attracts millions of visitors every year who contribute to the
local economy and provide jobs. It's a great time to invest in property in
Rhyl with the town set to benefit from over £65 million worth of investment,
several projects have already been delivered including a new harbour, the SC2
Waterpark, a newly renovated Pavilion Theatre and the 1891 Restaurant.
**Financial Breakdown**
Gross rent: £9, 600
Net income: £9, 600
Gross yield: 7. 5%
Net yield: 7. 5%
**Important Note To Purchasers**
*Service charge, management fee and ground rent are included as part of the assured rental period.
These particulars, whilst believed to be accurate are set out as a general
outline only for guidance, and do not constitute any part of an offer or
contract. Neither Yieldit nor the vendor or lessor accept any responsibility
in respect of these particulars, which are not intended to be statements or
representations of fact and any intending purchaser must satisfy himself by
inspection or otherwise as to the correctness of each of the statements
contained in these particulars.
Yieldit ref: Yl - 07441

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