2 bedroom block of apartments for sale
Key information
Property description & features
- Tenure: Freehold
- Investment Opportunity
- 8 Self Contained Apartments
- Well Maintained Grounds
- Fully Tenanted
- Generating £45,000 per annum rental income
- U PVC Double Glazing
We are delighted to bring to market this block of eight, self-contained two bedroom flats located in the sought after area of Baglan. All apartments have tenancies with an annual income of c.£44,880 offering a gross yield of 5.9%.
The flats are situated over two floors (four apartments up, four apartments down). Seven of the apartments are accessed via a communal door and serviced communal area. One apartment has it's own entrance at the rear.
Each apartment, upgraded with uPVC double glazing, comprises of entrance hallway, living room, fitted kitchen, two bedrooms and bathroom.
All apartments are individually metered for for Economy 7 dual-rate electricity, have their own council tax and EPC and pay their own water & council tax.
EPC's available to view at find-energy-certificate.service.gov.uk
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Property reference FEty-zO8Iv0. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Tony John & Co - Port Talbot.
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Broadband availability and predicted speed: obtained from Ofcom on January 11, 2022
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength: obtained from Ofcom on January 11, 2022
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on March 2, 2014 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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