8 bedroom block of apartments for sale
Key information
Property description & features
- Tenure: Freehold
- Advised Freehold - to be verified by solicitor
- All flats other than Flat 5 are vacant. Flat 5 is let at an historic rent of £195.00 pcm however market rents in the area are now around £400.00 Plus. The annual income once improved...
ONLINE AUCTION from 14th MAY-16th MAY
An opportunity to acquire a block of 8 studio apartments situated in the village of Pentre which lies between Tonypandy and Treorchy and has a great range of local amenities and Train station with direct links to Cardiff on the newly electrified line.
The majority of the building is sold with vacant possession other than flat 5 which is let.
The remaining flats will require upgrading and improvement works however the building should offer an excellent return per annum with market rents in the area typically £400 pcm for a studio apartment with an annual income of potentially £38,000 +.
AccommodationFloorDescriptionRentGroundFlat 1 - Entrance, lounge/kitchen/bedroom, bathroomGroundFlat 2 - Entrance, lounge/kitchen/bedroom, bathroomGroundFlat 3 - Entrance, lounge/kitchen/bedroom, bathroomGroundFlat 4 - Entrance, lounge/kitchen/bedroom, bathroomFirstFlat 5 - Entrance, lounge/kitchen/bedroom, bathroom£195 pcmFirstFlat 6 - Entrance, lounge/kitchen/bedroom, bathroomFirstFlat 7 - Entrance, lounge/kitchen/bedroom, bathroomFirstFlat 8 - Entrance, lounge/kitchen/bedroom, bathroom
Tenure:
Advised Freehold - to be verified by solicitor
Tenancies:
All flats other than Flat 5 are vacant.
Flat 5 is let at an historic rent of £195.00 pcm however market rents in the area are now around £400.00 Plus.
The annual income once improved should be in the region of £38,000 +
Places of interest
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Broadband availability and predicted speed: obtained from Ofcom on April 25, 2024
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Energy Performance data and Internal floor area
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