Flats at Bethel Court, Oxford Street... Apartment for sale

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Flats at Bethel Court, Oxford Street... Apartment for sale

Flats at Bethel Court, Oxford Street, Pontycymer, Bridgend, Mid Glamorgan, CF32 8DD
£330,000

Our Summary

  • FOR SALE BY AUCTION - -Lot 20 - Block of Flats for Investment ONLINE AUCTION from 15th APRIL-17th APRILA fully occupied former chapel arranged as 8 one bedroom flats with planning permission for a further two flats
  • The flats are perfect for those looking for a great investment opportunity
  • There is scope to increase this figure with the development of the two additional flats

Description

This property is a former chapel in Pontcymmer that has been converted into eight one-bedroom flats, with planning permission to add two more. The flats are fully occupied and generate over £40,000 per annum in rental income, with long-term tenants who are keen to stay. The property offers mountain views and is conveniently located near Bridgend, McArthur Glen Retail Park, and the M4 motorway. The ground floor features four flats, with a further four on the first floor, and a communal garden area to the side. The property is being sold by auction and is an attractive investment opportunity for those looking to generate rental income.
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