2 bedroom flat for sale
Key information
Property description & features
.Located in the town centre of Maesteg.
.Immediately available "For Sale" as a fully let investment property Freehold tenure at an asking price of £129,995
Location - The property is located on Church Street which is just off Commercial Street in Maesteg town Centre.
Maesteg is the principal retail and commercial centre serving the upper Llynfi Valley with Maesteg lying approximately 9 miles north of Bridgend and 7 miles north of Junction 36 (Sarn Park Interchange) of the M4 Motorway.
Description - The property briefly comprises of a end link cottage style two-storey property briefly comprising of ground floor Hairdressers with separate pedestrian access to a 2 bedroom flat over.
The ground floor of the property is currently configured as a hairdressers briefly providing approximately 63sq.m (678sq.ft) of retail sales together with 25.9sq.m (278sq.ft) of ground floor ancillary space.
Separate pedestrian access from the front of the property leads to a first floor flat comprising; lounge/kitchen, bathroom, 2 no. double bedrooms and 1 no. single bedroom
Tenure - The property is to be sold Freehold tenure subject to and with the benefit of the current occupational arrangements:-
Ground Floor
Let to a Hairdressers under terms of a 5 year IRI Only Lease from December 2023 at a rental of £4,800 per annum exclusive.
First Floor Flat
Currently let to a private individual under terms of Standard Occupational Contracts producing a rental of £500 per calendar month.
Current total rental income £10,800 per annum
Sale Price - Asking Price £129,995
Epc - Energy Performance Rating - Band C
Legal Costs - Each party to be responsible for their own legal costs incurred in the transaction.
Vat - No VAT on sale price
Anti Money Laundering - In order to discharge its legal obligations, including under applicable anti-money laundering regulations, the successful applicant will agree to provide certain information when Heads of Terms are agreed.
Viewing - Strictly by appointment only through
sole selling agents:
Messrs Watts & Morgan LLP
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Please ask for
Dyfed Miles or Matthew Ashman
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Property reference 32770831. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Watts & Morgan - Bridgend.
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Broadband availability and predicted speed: obtained from Ofcom on February 12, 2022
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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