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Total views:  1940

6 bedroom block of apartments for sale

Gorwyl Flats, Ogmore Vale, Bridgend
Auction
Recently added
Block of apartments
6 beds
4 baths
Added < 7 days

Key information

TenureFreehold
Council taxBand A

Features and description

  • For sale by the Modern Method of Auction, buyer and seller are to Complete within 56 days
  • Buyers Fees Apply
  • Detached block of four flats
  • Six bedrooms across four units
  • Currently £2,500 monthly rental income
  • Attractive estimated 8–10% yield
  • Neutrally decorated, ready to let
  • Off-street parking and garden
  • Council Tax Band A flats
  • Road links to M4 and Cardiff
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional.

For sale: Detached block of four self-contained flats, located in Ogmore Vale, Bridgend, and ideally suited to investors. The property comprises a total of six bedrooms, four kitchens, four reception rooms and four bathrooms, arranged as two two-bedroom flats and two one-bedroom flats. The building is neutrally decorated and benefits from parking and a garden, enhancing its appeal to prospective tenants.

Currently producing an income of approximately £2,500 per month, the property offers a potential rental yield in the region of 8–10% (subject to individual investor assessment). It is individually Council Tax Band A, which may be attractive to tenants seeking manageable outgoings.

Ogmore Vale sits to the north of Bridgend, close to attractive green spaces, walking and cycling routes in the Ogmore Valley, providing opportunities for outdoor recreation. The village offers local amenities, while Bridgend town centre, with a wider selection of shops and services, is accessible by road.

Public transport links include regular bus services connecting Ogmore Vale to Bridgend. From Bridgend railway station, there are frequent services to Cardiff, Swansea and further afield, with typical journey times to Cardiff of around 25–30 minutes. Road connections via the A4061 and A4093 link to the A48 and M4, offering access across South Wales.

This detached investment property presents a structured multi-unit layout with established income, in a location convenient for public transport, green spaces and local routes for walking and cycling.

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About this agent

Hunters - Bridgend
Hunters - Bridgend
18 Coychurch Road, Pencoed Bridgend CF35 5NG
01656 376881
Full profileProperty listings
At Hunters Estate Agents and Letting Agents Bridgend we cover sales and lettings in the County of Bridgend so if you are looking to sell, buy or rent a property, we offer all of these services to you. Luke Jones, established as Fresh Start Properties in 2010 and beginning life as a letting agent working from home. Luke quickly established himself in the local property market and soon opened his first estate agency based in Pencoed in 2013 moving into sales at the same time. As the business thrived he decided to open up his second sales and lettings office in Ogmore Vale in September 2015. Both Bridgend and Ogmore Vale branches rebranded to Hunters in 2017 to broaden their market. Hunters Estate Agents and Letting Agents Bridgend prides itself on our personal but professional approach offering the best service to our customers with much of our business coming to us word of mouth. The team at Hunters Bridgend is made up of local people with families. Hunters Estate Agents and Letting Agents Bridgend always tries to support and sponsor local events, clubs and associations with the staff involved in various activities themselv
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