Bridgend, CF32 9LF | Investment Property for Sale | VES-CF32-001

Opportunity to purchase a 3-unit block in Bridgend generating £14,400 rent pa & gross yield of 10.3%

£140,000

3-unit Block

VES-CF32-001

INITIAL INVESTMENT

£43,700

Based on

deposit: £35,000

stamp duty: £4,200

mortgage fees: £1,500

conveyancing fees: £3,000

GROSS RENT

£14,400

GROSS YIELD

10.3%

ADD TO FAVOURITES

The block

TENURE

Freehold

NO OF UNITS

3

TENANCY STATUS

Tenanted

FURNISHED

No

TOTAL SQ FT

2,100

PRICE SQ FT

£67

Block information

  • This block comprises:
    • 2 x 2-bed apartments
    • 1 x studio apartment
  • The 2-bed apartments each have a bathroom, kitchen and lounge
  • The studio apartment comes with a shower room
  • EPC rating F

Rental information

  • The properties are fully tenanted and generate an aggregate:
    • monthly rental income £1,200
    • annual rental income £14,400

Location information

  • The property is located in Brynmenyn
  • Bridgend town centre is around 4.5 miles from the property
  • Tondu railway station is the nearest station, approximately 1 mile away
  • Brynmenyn Park is a short walk from the property
  • Junction 36 of the M4 motorway is 2.5 miles from the property

Available upon request

  • Breakdown of the block
  • EPCs for all units
  • Video walkthroughs

Note

Please note that Vesta has not visited this property and that all material has been provided by the vendor.

Floorplans

Documents available on request, please contact for viewings or further questions.

The information relating to this property is supplied by the vendor and was the latest available information at the time of listing. Certain information may expire or become inaccurate over time.

Vesta makes no warranty as to the accuracy or completeness of the property listing or any associated information. All information should be reviewed by the purchaser and their solicitor.

About Bridgend, Mid Glamorgan

Bridgend is a market town in the County Borough of Bridgend in Wales. It lies around 20 miles west of Cardiff and 20 miles east of Swansea. The M4 motorway lies just north of the town, connecting it to west London, via the Chiswick flyover, and south Wales, ending at Pont Abraham in Carmarthenshire.

Bridgend railway station runs services operated by Great Western Railway to and from London Paddington and Swansea, some services extend to Carmarthen. It also serves Transport for Wales services stopping at Swansea, Carmarthen, Pembroke Dock, Milford Haven and Fishguard Harbour. There are also regular trains to Manchester Piccadilly via Shrewsbury, as well as local trains to Maesteg.

There are a number of local attractions such as St John’s House, the 12th century Newcastle, Blaengarw Workmen’s Hall, Bryngarw Country Park, Carnegie House Arts Centre, Coity Castle, Ewenny Pottery and Craig y Parcau Local Nature Reserve. Coney Beach in nearby Porthcawl also offers a traditional seaside day out for the whole family. There is the Pleasure Park, a surf school, Blast Kiteboarding or the Adventures Outdoor Activity Centre.

The shops in Bridgend’s town centre are a good mix of independent shops and high street names. There are also plenty of cafes and restaurants for a bite to eat. Outside of town by junction 36 of the M4 is the Bridgend Designer Outlet consisting of around 90 different stores.

Education in Bridgend is provided by a number of primary, junior and infant schools. There are also three comprehensive schools as well as Bridgend College. The college also offers a residence for students over the age of 16 with learning difficulties and physical disabilities.

Bridgend’s economy is largely made up of the retail sector, though there are large industrial estates at Bridgend and Waterton which consist mainly of manufacturing companies. Some of the local employers include IT Consultancy Group CGI, Lidl (Welsh headquarters in Waterton), Zoobiotic, Winmau (global headquarters in Bridgend), Ortho-Clinical Diagnostics, Staedtler, Skanska, TES Aviation, Dekor plc and Photronics Inc.

Abergarw Road,

Brynmenyn,

Bridgend,

Bridgend County Borough,

Wales,

CF32 9LF

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All information contained in this website is provided as a guideline only, is based on estimates and assumptions, may not be accurate or complete, and is subject to change. We make no representations or warranties with regards to this information, expressed or otherwise. A buyer who relies on such information does so at their own risk. Buyers are advised to seek independent financial advice and should undertake their own due diligence.

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