For sale by online auction - Lot 16 - Detached Property for Investment
Bidding opens: 08/11/2022 12:00
Auction scheduled to end: 10/11/2022 17:32
online auction from 8th november-10th November
This fully occupied detached property is an ideal investment opportunity.
This substantial Victorian building is currently let to long term tenants all keen to remain. The ground floor is currently occupied by Cwmbran Laser and Skin Clinic' and currently pays £6,000 pa.
To the property offers a first floor two bedroom flat currently let at £500 pcm and a studio to the ground achieving £350 pcm.
The property benefits from parking to the front, double glazed windows, rear garden and garage.
Located in Llantarnam on the outskirts of Cwmbran, this property is conveniently placed for access to the M4 motorway network, both east and west bound. There is a railway station in Cwmbran which has a direct train to Cardiff, and the station at Newport goes directly to Bristol and London.
This property is currently managed by Paul Fosh Lettings and we can confirm that all rent payments are up to date. For any further information on the letting background of this great investment please contact our lettings department who will be happy to assist you with any further queries.
Please be aware that Cwmbran Laser & Skin Clinic remains open and is unaffected
Ground Floor Entrance, access to flat B, 2 treatment rooms, reception, wc
Ground Floor Side Flat A (studio), entrance, kitchen, lounge/bedroom, shower room
First Floor Landing, lounge, 2 bedrooms, kitchen, shower room
Outside Parking to front, garage, rear garden
Tenure:
Advised Freehold - to be verified by solicitor
Tenancies:
Cwmbran Laser Clinic currently on periodic contract at £5,000 pa
Flat A let on AST agreement at £350 pcm
Flat B let on AST agreement at £500 pcm