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Commercial for sale Severn Street, Newtown

Asking price

£170,000

Added two days ago

Type: Commercial
Tenure: Freehold

Key features

• A Mid Terraced Mixed Use Freehold/Commercial premises
• Situated in the town centre with access to all the shops and amenities
• Three bedroom accommodation over with 2 reception rooms, kitchen, bathroom
• Useful rear courtyard together with garage accessed off Parkers Lane
• Viewing recommended of this adaptable property with lots of potential
• EPC - C (69) Exp17.5.2032
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About this property

A Mid Terraced Mixed Use Freehold/Commercial premises within the towns conservation area, situated in the town centre with convenient access to all the shops and amenities together with a riverside walk along the River Severn leading into Dolerw Park. Newtown has a range of primary schools, high school, college, theatre, recreational and sporting facilities, railway station with links to Shrewsbury and Aberystwyth. This 3 storey premises with small commercial retail unit could provide a useful income or incorporated into the main house subject to receiving the necessary approvals of consent.

Floorplan

Council tax

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Location

Severn Street, Newtown

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Mortgage and stamp duty

Property price £170,000

£85k £255k

Deposit10% £17,000

£0 £170k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £153,000 mortgage. Most lenders would want a household income of about £34,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.