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8 bed property, in Caerau Road, £200,000
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8 bed property

Caerau Road, Maesteg
Auction Planning
£200,000

Our Summary

  • Sale by Modern Auction (T&Cs apply)
  • Planning for 8 self contained Flats
  • SUMMARY Development Opportunity: The Station Hotel, Caerau An exceptional opportunity to acquire a substantial freehold property in the heart of Caerau
  • Formerly the historic Station Hotel, this versatile building is currently undergoing a comprehensive conversion, offering a high-yield potential
  • DESCRIPTION Development Opportunity: The Station Hotel, Caerau An exceptional opportunity to acquire a substantial freehold property in the heart of Caerau
  • Formerly the historic Station Hotel, this versatile building is currently undergoing a comprehensive conversion, offering a high-yield potential for developers and investors
  • Planning application number P/22/661/FUL
  • Auctioneer's Comments This property is offered through Modern Method of Auction

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Description

The Station Hotel, a substantial freehold property in the heart of Caerau, is currently undergoing a comprehensive conversion. The property will feature 8 one-bedroom apartments ranging from 44 to 60 square meters in size, as well as a ground-floor commercial unit. Water meters have been installed for all 8 apartments, and the National Grid has completed electrical installations for all 9 units.

Three apartments on the top floor are partially completed, while the middle floor apartments require completion. The remainder of the building is ready for internal fit-out, allowing a buyer to finish the project to their specifications. The property benefits from excellent visibility and access to local amenities and transport links.