Map2 bedroom flat
Featured
Sold STC
Flat
2 beds
1 bath
EPC rating: C
Key information
Tenure: Leasehold | 89 yrs left
Ground rent: £10 per annum | review period: unconfirmed
Council tax: Ask agent
Broadband: Super-fast 70Mbps *
Mobile signal:
EEO2ThreeVodafone
Features and description
- Investment Opportunity
- Two bedroom flat
- Lounge
- Kitchen
- Shower room
- Tenant in Situ
INVESTORS – INCOME FROM DAY ONE!
Two-Bedroom Flat | Tenant In Situ | £70,000
Looking to grow your property portfolio with minimal hassle? This is your chance to acquire a well-located two-bedroom flat with a long-term tenant already in place, currently paying £600 PCM – and the rent is in the process of being increased! The flat was improved in 2023 to comply with current Rent Smart Wales Regulations.
That’s right – no void periods, no set-up delays. Just immediate income from the day you complete. The flat offers comfortable living space, neutral décor, and an attractive location, on the edge of The Brecon Beacons, for tenants looking for value, convenience, and connectivity.
Let’s talk numbers:
Current Rent: £600 PCM / £7,200 PA
Purchase Price: £70,000
Gross Yield: approx. 10.29%
(And that yield improves further with the upcoming rent increase!)
Plus, transport links have never been better. The newly completed Heads of the Valleys road now provides fast, direct access to both Abergavenny and Newport and The Midlands, making this an ideal location for commuting tenants. The M4 corridor is easily reached, opening up wider job markets and increasing tenant demand.
Opportunities like this don’t come often. A ready-made investment with solid returns and improving infrastructure – all for £70,000.
Call now to book a viewing or request more details!
Two-Bedroom Flat | Tenant In Situ | £70,000
Looking to grow your property portfolio with minimal hassle? This is your chance to acquire a well-located two-bedroom flat with a long-term tenant already in place, currently paying £600 PCM – and the rent is in the process of being increased! The flat was improved in 2023 to comply with current Rent Smart Wales Regulations.
That’s right – no void periods, no set-up delays. Just immediate income from the day you complete. The flat offers comfortable living space, neutral décor, and an attractive location, on the edge of The Brecon Beacons, for tenants looking for value, convenience, and connectivity.
Let’s talk numbers:
Current Rent: £600 PCM / £7,200 PA
Purchase Price: £70,000
Gross Yield: approx. 10.29%
(And that yield improves further with the upcoming rent increase!)
Plus, transport links have never been better. The newly completed Heads of the Valleys road now provides fast, direct access to both Abergavenny and Newport and The Midlands, making this an ideal location for commuting tenants. The M4 corridor is easily reached, opening up wider job markets and increasing tenant demand.
Opportunities like this don’t come often. A ready-made investment with solid returns and improving infrastructure – all for £70,000.
Call now to book a viewing or request more details!
Rooms
Disclaimer
Darlows Estate Agents also offer a professional, ARLA accredited Lettings and Management Service. If you are considering renting your property in order to purchase, are looking at buy to let or would like a free review of your current portfolio then please call the Lettings Branch Manager on the number shown above.
Darlows Estate Agents is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.
Property information from this agent
About this agent
Darlows is an independently owned estate agency, part of the Spicerhaart group of over 160 branches. We combine our specialist local knowledge with the support of a national company and pride ourselves on providing our clients with an unrivalled service. We want to get to know you, so talk to us about your priorities and we’ll make them ours. Our local network covers key areas in South Wales through professionally staffed sales and lettings offices.