8 bed Flat For Sale £175,000
Pentre Court, 24 Heol Ystrad, Pentre, Rhondda Cynon Taf, CF41 7PQ

FOR SALE BY AUCTION - -Lot 10 - 8 Flats for investment
ONLINE AUCTION from 14th MAY-16th MAY

An opportunity to acquire a block of 8 studio apartments situated in the village of Pentre which lies between Tonypandy and Treorchy and has a great range of local amenities and Train station with direct links to Cardiff on the newly electrified line.

The majority of the building is sold with vacant possession other than flat 5 which is let.

The remaining flats will require upgrading and improvement works however the building should offer an excellent return per annum with market rents in the area typically £400 pcm for a studio apartment with an annual income of potentially £38,000 +.

AccommodationFloorDescriptionRentGroundFlat 1 - Entrance, lounge/kitchen/bedroom, bathroomGroundFlat 2 - Entrance, lounge/kitchen/bedroom, bathroomGroundFlat 3 - Entrance, lounge/kitchen/bedroom, bathroomGroundFlat 4 - Entrance, lounge/kitchen/bedroom, bathroomFirstFlat 5 - Entrance, lounge/kitchen/bedroom, bathroom£195 pcmFirstFlat 6 - Entrance, lounge/kitchen/bedroom, bathroomFirstFlat 7 - Entrance, lounge/kitchen/bedroom, bathroomFirstFlat 8 - Entrance, lounge/kitchen/bedroom, bathroom

Tenure:
Advised Freehold - to be verified by solicitor

Tenancies:
All flats other than Flat 5 are vacant.
Flat 5 is let at an historic rent of £195.00 pcm however market rents in the area are now around £400.00 Plus.
The annual income once improved should be in the region of £38,000 +