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Residential properties for auction in Marcross, Vale of Glamorgan, The

Create Alert 3 results Sorry, we currently do not have any listings in 0 miles of Marcross, Vale of Glamorgan, The - Please find below the nearest listings available.
Features
Current gross income £6,500pa
Current gross yield 16.25%
Freehold
Long term tenants in occupation
uPVC double glazed
Combination boiler
Outbuilding
Patio garden

Location
This end of terrace property is located on the southern side of James Street, in the desirable suburb of Penygraig, approximately two miles southeast of Tonypandy in the picturesque Rhondda, South Wales .
The immediate vicinity hosts a good range of local shops including a Coop and a Post Office in addition to various and bars and eateries. In addition Belle Vue Park is just a short walk from the property.
The town of Tonypandy is just 2 miles to the north and hosts a larger range of high street shops and high street banks including Lloyds, Santander and Barclays
The M4 Motorway just 9 miles south of the property provides excellent access to the major cities of Swansea, Newport and Cardiff.

Description
• For Sale By Online Auction – 19th – 20th June 2018
• Guide Price: £39,950+
• Presentable and spacious two bedroom end of terrace property
• Current rent of £6,500 per annum, reflecting a gross yield of 16.25%
• Long term tenants in situ – approx. five years

The property is set back from the pavement, and occupies an elevated position with views across the Rhondda. There a spacious through lounge immediately off the ground floor hallway, which has dual aspect glazing and benefits from good natural light. Beyond the lounge is the kitchen with a good range of base and eye level units, breakfast bar, integrated oven and hob, and window to the side elevation. There is a separate W.C beyond the kitchen. To the rear of the property there is a well-presented and good sized patio area with separate storage.

Upstairs the main front bedroom is carpeted and neutrally decorated has two double glazed windows to the front elevation and the smaller rear bedroom is carpeted, wallpapered and has a window to the rear elevation. The family bathroom is equipped with a white three-piece suite with mains powered shower over the bath. The combination boiler is also housed in the bathroom.

To the front of the property there is unrestricted on street parking.

Accommodation
Lounge: 6.35m x 3.39m
Kitchen: 3.93m x 2.48m
Downstairs W.C 1.36m x 0.9m
Bedroom 1: 4.43m x 2.80m
Bedroom 2: 3.42m x 2.84m
Bathroom: 3.25m x 2.52m
Outhouse: 4.76m x 2.04m

Services
We understand the property to have mains gas, electricity, water and drainage. Interested parties are advised to make their own investigations.

Tenure
The property is freehold.

Investment Analysis
The current tenants have been in occupation for the last five years, and they have firmly indicated they would like to continue renting the property.
We have been advised that the existing tenants have put significant work into maintaining the building and making this a family home.
The current rent payable is £125 per week (£6,500 pa), representing a gross yield of 16.25%.

Council Tax
The property is rated in Council Tax Band B. Council Tax payable for 2018/2019 is approximately £1,275.31 pa. The tenants pay their own council tax.

Guide Price
£39,950+

VAT
The property is not subject to VAT

Buyer’s Premium
2% (min. £3,600) inc. VAT

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18, James Street, Tonypandy, CF40 1TS
Presentable and Spacious Two Bedroom End Terrace -Current Income £6,500 pa – Gross Yield 16.25%
Type: House, Residential
Location: 18 James Street, CF40 1TS
Images: 11
Brochures: 1
View Property
New
*UNSOLD, PLEASE REFER TO AUCTIONEER*

End of terraced two storey property located in the village of Nantymoel which is approx 9 miles North of Bridgend and the M4 at the Junction 36.

The property is in an elevated position with views to the front and access roads to the front and rear.

Tenure

See Legal Pack

Ground Floor

Entrance hall, lounge/dining room, kitchen and bathroom.

First Floor

Three bedrooms.

Outside

Front and rear gardens.

Energy Efficiency Rating (EPC)

Current Rating E

Local Authority

Bridgend County Borough Council

Solicitors

Spicketts Battrick, 3 - 4 Gelliwastad Road, Pontypridd, CF37 2AU, Tel: 01443 407221

Additional Fees

Buyer's Premium - £900 inc VAT payable on exchange of contracts.

Administration Charge - £594 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.
21, Brynogwy Terrace, Bridgend, CF32 7ST
Three Bedroom, End Terrace Property
Type: House, Residential
Location: 21 Brynogwy Terrace, CF32 7ST
Images: 8
Brochures: 1
View Property
*UNSOLD, PLEASE REFER TO AUCTIONEER*

Three bedroom semi detached house, ideal for investment to rent or as owner occupier.

Ground Floor - Porch, lounge, kitchen/diner, rear hall and shower room.
First Floor - Landing and three bedrooms.
Externally - Front and rear gardens.

Tenure
See Legal Pack

Energy Efficiency Rating (EPC)
Current Rating D

Local Authority
Neath Port Talbot County Borough Council

Solicitors
Spicketts Battrick, 3 - 4 Gelliwastad Road, Pontypridd, CF37 2AU, Tel: 01443 407221

Additional Fees
Buyer's Premium - £900 inc VAT payable on exchange of contracts.

Administration Charge - £594 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.
37, Pellau Road, Port Talbot, SA13 2LF
Three Bedroom, Semi Detached Property
Type: House, Residential
Location: 37 Pellau Road, SA13 2LF
Images: 5
Brochures: 1
View Property
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