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2 bedroom terraced house for sale
Clos Ysbyty, Neath, South Glamorgan, Neath Port Talbot, SA11
£115,000
Clos Ysbyty, Neath, South Glamorgan, Neath Port Talbot, SA11
£115,000
Our Summary
- Property Overview An excellent investment opportunity awaits at 6 Clos Ysbyty, a modern 2-bedroom mid-terrace property in the popular residential area of Cimla, Neath
- 3% With steady tenant demand and low void rates in this area, the potential to increase rent in line with market trends offers scope for improved cash flow and rental yield growth
Description
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Here is a summary of the property description in a single paragraph:
This modern 2-bedroom mid-terrace property in Cimla, Neath is an excellent investment opportunity, offering immediate rental income with tenants in situ. The property, built in recent years and well-maintained, is being sold as a freehold and has a current rental income of £545 per month, generating a gross yield of 5.7%. With steady tenant demand and low void rates in the area, there is potential to increase rent in line with market trends, offering scope for improved cash flow and rental yield growth. The property also has a potential rental income of £625-£675 per month, generating up to £8,100 per annum and a potential gross yield of 7.0-7.3%.