Residential Investment- Three Bedroom Semi Detached House

A brick built semi detached house benefiting from double glazing, gas central heating (not tested) and driveway providing off road parking. The property is currently let at £700 per calendar month, hence £8,400 gross annual income per annum. In our opinion the property is currently underlet. Please not that the internal pictures are from January 2025. The house is located on the border between the Cefn Glas and Bryntirion areas of the town close to local shops, schools and other amenities, good access is also offered to the town centre and the M4.

Tenure

Freehold

Ground Floor

Hallway, lounge, kitchen.

First Floor

Landing, three bedrooms, bathroom.

Outside

Gardens to the front and rear with pathway to the side.

Viewings

Strictly by appointment through Auction House Wales on 02920 475184

Tenancies

The property is currently let at £700 per calendar month, hence £8,400 gross annual income per annum. In our opinion the property is currently underlet.

Council Tax Band - C

Tenure - Advised Freehold

Energy Efficiency Rating (EPC)

Current Rating D

Local Authority

Bridgend County Borough Council

Solicitors

Howells Solicitors, Fitzalan House, Ref: Howells Solicitors, Tel: 029 2040 4020

Additional Fees

Buyer's Premium - £600 inc VAT payable on exchange of contracts.

Administration Charge - 1.2% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.