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Swan Road, Baglan SA12 16 bed detached house for sale
Glyndwr House, Swan Road, Baglan, SA12 8LA
£500,000
Glyndwr House, Swan Road, Baglan, SA12 8LA
£500,000
Our Summary
- FOR SALE BY PUBLIC AUCTION: The auction will take place online on 10th June 2025 at 04:48 PM with registration through our website
- 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 freehold building in Baglan, Wales, is being sold at public auction on June 10th, 2025. The property consists of eight two-bedroom flats, each with its own tenancy and annual income of around £6,900, generating a gross yield of 11%. The flats are located on a 0.12-acre plot and are accessed via a communal door or individual entrances. Each apartment has uPVC double glazing, is in reasonable condition, and has its own council tax, EPC, and metered electricity. The property is being sold with no management company, and the owners currently manage the building themselves. The auction will include a buyer's premium of 1.2% with a minimum payment of £1,200. The guide price for the property is not disclosed, but the reserve price will be within 10% of the guide price. Viewings can be arranged by appointment with the auctioneers, Seel and Co.