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Bodfor Street, Rhyl, Denbighshire... 1 bed flat for sale
14 Bodfor Street, Rhyl, Denbighshire, LL18
£35,000
14 Bodfor Street, Rhyl, Denbighshire, LL18
£35,000
Our Summary
- 67 per month, offering a potential yield of over 13% an excellent opportunity for investors looking for strong returns
- This is an ideal investment opportunity, providing immediate rental income with the potential for long-term growth
- £50 per year (up to 2036) then £100 per year (up to 2061)Service Charges: £600 Per Annum (Review Date 1st November 2025)Council Tax Band - AEPC Rating - TBCAuctioneers Additional CommentsPattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'
- This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent
- The property is being sold via a transparent online auction
- Cash Buyers Only
Description
This one-bedroom, second-floor flat in Rhyl is being sold via a secure online auction with a starting bid of £35,000. The property is well-positioned near local amenities, transport links, and the beach, and features a living room, kitchen, double bedroom, and bathroom. The flat is currently let to a long-term tenant, generating a rental income of £110 per week, offering a potential yield of over 13%. The property is leasehold with 125 years remaining, and the ground rent is payable annually. The service charges are £600 per annum, and the council tax band is AE. The property is available to view by appointment only, and bids can be made through the marketing agent or the auctioneer's website. All bidders will be required to undergo a verification of identity process as part of the auction process.