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No longer on the market

This property is no longer on the market

Mixed use

Auction
Mixed use
2 beds
Added > 14 days

Features and description

  • Tenure: Freehold
  • Advised Freehold to be verified by solicitor
  • Flat 1 (31a) is let at £350 pcm £4,200 pa Flat 2 (31b) is let at £300 pcm £3,600 pa Shop was previously let at £525.00 pcm £6,300 pa Overall income when...
FOR SALE BY AUCTION - -Lot 65 - A RESIDENTIAL/COMMERCIAL INVESTMENT OPPORTUNITY
ONLINE AUCTION from 1st OXTOBER-3rd OCTOBER

A substantial building that comprises two refurbished and modernised self-contained flats and a retail unit. The property is situated in a prominent position within the village of Resolven which is ideally situated for access to the A470, M4 and the nearby town of Neath.

The flats have been refurbished to a high standard to include new kitchen and bathroom, UPVC double glazing and gas central heating (not tested). The retail unit would be ideal for a number of uses or potential conversion to residential (subject to any necessary planning consents).

VIRTUAL TOUR

Please note no internal inspection has been carried out the flats prior to going to print however we are advised it comprises:
Flat 1: Ground floor, lounge/kitchen, bedroom and bathroom
Flat 2: First floor, landing, lounge, bedroom, kitchen, bathroom
Ground: Shop retail area, further retail area. Stairs to First Floor and Basement
Basement: Storage area and storage room
Top floor storage area, WC
Outside: Rear yard with parking for approximately 3/4 cars

Tenure:
Advised Freehold - to be verified by solicitor

Tenancies:
Flat 1 (31a) is let at £350 pcm £4,200 pa
Flat 2 (31b) is let at £300 pcm £3,600 pa
Shop was previously let at £525.00 pcm £6,300 pa
Overall income when fully let £14,100 (p/a)
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About this agent

Paul Fosh Auctions - Newport
Paul Fosh Auctions - Newport
108 Lower Dock Street Newport, Gwent NP20 2AG
01633 371631
Full profileProperty listings
The company was established by Paul Fosh in 2001 following a long career in estate agency with companies situated across South Wales. Since 2001 the company has grown into the leading property auction house in Wales.
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