For Sale: Bridge Street, Troedyrhiw, Merthyr Tydfil, CF48 4DT
Asking Price: £180,000
Freehold Property
Mixed-Use Residential and Commercial Premises
Investment Opportunity
This versatile mixed-use property offers a unique opportunity to acquire a freehold investment in a prime Troedyrhiw location. The property is split into a double-fronted retail shop to the ground floor and residential accommodation to the rear and first floor, providing a strong and flexible income stream.
Commercial Unit:
- Ground floor double-fronted shop, split into two halves.
- Left side currently let on a 5-year lease at £300 per month (tenant pays all bills and business rates; landlord only covers insurance).
- Right side available to rent at £300 per month; previously let for £500 per month (both units) between July 2023–May 2024 and November 2024–May 2025, with minimal vacancy periods.
- Shared toilet facilities.
Residential Unit:
- Rear ground floor studio flat with kitchenette and shower/WC, separate entrance.
- First floor comprises a shared kitchen and 3 en-suite bedrooms.
- Residential rooms are let individually via SpareRoom, offering flexible rental options.
- Occupancy and weekly rents for rooms:
| Room |
Type |
Weekly Rent (over past 12 months) |
Occupancy |
| 1 |
Small double en-suite |
£145 |
85% |
| 2 |
Single en-suite |
£145 |
60% |
| 3 |
Single en-suite |
£155 |
85% |
| 4 |
Studio flat with separate entrance |
£200 |
75% |
| 5 |
Retail shop |
£115 |
100% |
Gross Income:
- Weekly: £616
- Monthly: £2,669
- Annual (last 12 months): £32,028
Costs:
- Council Tax: £140
- Elec/Gas: £200
- Water: £60
- Internet: £30
- Insurance: £40
- Cleaning: £80
- Maintenance: £50
Total Annual Costs: £7,200
Net Income:
- Monthly: £2,067 (if self-managed)
- Annual: £24,806
- Costs as % of gross income: 22.5%
Net Yield: 13.78% based on asking price of £180,000
Property Layout
Ground Floor:
- Double-fronted retail unit to the front (split into two lettable halves).
- Rear studio flat with kitchenette and shower/WC.
First Floor:
- 3 en-suite bedrooms.
- Kitchen shared by residential tenants.
External:
Key Investment Features
- Freehold mixed-use property in a strong rental location.
- Sitting tenants in both commercial and residential units, providing immediate income.
- Commercial tenants are responsible for all bills and business rates; minimal landlord costs.
- Flexible residential lettings via SpareRoom with individual room occupancy.
- Strong net yield of 13.78%, ideal for investor portfolios.
- Long lease options and previously higher rental income indicate potential for further growth.
Summary:
17-18 Bridge Street presents an exceptional opportunity for investors seeking a low-maintenance mixed-use property with strong existing income and further potential to maximise returns. With separate access to the residential parts and a versatile commercial unit, the property offers security and flexibility for a range of investment strategies.
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