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1 bed flat
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Our Summary
- FOR SALE BY PUBLIC AUCTION: The auction will take place online on 7th July 2026 at 05:48 PM with registration through our website
- Investment opportunity to acquire an almost fully let portfolio of four self-contained one-bedroom apartments situated across two established residential blocks in Port Talbot with informed rents totaling approx
- The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, will be within + or - 10% of the Guide Price
- Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction
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Description
The property consists of four self-contained one-bedroom apartments situated across two established residential blocks in Port Talbot. Three of the flats are currently let on Assured Shorthold Tenancies and one is vacant, providing an immediate income stream. The flats are located on the first and second floors, are front facing, and have communal parking available.
Each flat has Economy 7 heating, a long lease of approximately 999 years, and is sold with a share of the freehold, offering enhanced control over management and long-term value. The approximate service charge for each flat is £360 per year, which includes maintenance and insurance.