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8 bed flat
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Our Summary
- FOR SALE BY PUBLIC AUCTION: The auction will take place online on 7th July 2026 at 04:09 PM with registration through our website
- Investment opportunity to acquire a portfolio of fully let well-proportioned 4 x 2 bedroom apartments in an established residential building in Port Talbot with informed rents totaling approx
- 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
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Description
The property is a block of four two-bedroom apartments in an established residential building in Port Talbot. The flats are situated on the first and second floors, are front-facing, and benefit from uPVC double glazed windows throughout. The building features a security door intercom system, fully serviced communal areas, and allocated parking to the rear.
The property is held on a long lease of approximately 999 years. Each apartment is currently tenanted, providing an immediate income stream, and is earning informed rents totaling approximately £34,800 per annum, representing a gross yield of circa 15.8%. Each flat also has an approximate service charge of £430 per annum.