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4 bedroom terraced house for sale
15 Broad Street, Barry, Vale of Glamorgan, CF62 7AB
£288,000
15 Broad Street, Barry, Vale of Glamorgan, CF62 7AB
£288,000
Our Summary
- FOR SALE BY PUBLIC AUCTION: The auction will take place online on 10th December 2024 at 04:12 PM with registration through our website
- 0% with scope for further income streams with a vacant basement which could be used for a variety of uses and improved rents upon review
- Located in the charming town of Barry, this four-storey commercial property presents a lucrative investment opportunity not to be overlooked
- The building boasting a total of 4 bedrooms and 3 bathrooms, this property offers a generous 4109 sqft of space in reasonable condition with some modernisation required
- 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
Description
This spacious four-storey mixed-use investment property in Barry, Wales, is up for sale by public auction on December 10, 2024. The property features three occupied flats, a detached coach house, and a vacant basement, offering a total of 4,109 square feet of space. The property has informed rents totaling £1,875 per calendar month, representing an initial net yield of 7.0%. The property is located in a popular area of Barry, with a charming town center and excellent transport links to neighboring areas, including Cardiff. The property requires some modernization, but offers a lucrative investment opportunity with scope for further income streams. The auction will take place online, and interested buyers must register through the auctioneer's website.