£120,000
2 bed flat for salePant Morfa, Porthcawl CF36
2 beds
1 bath
1 reception
EPC Rating: C
- Leasehold
Yieldit
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About this property
2 Bedroom Apartment
Long Term Tenant In Situ
Ground Floor
5.68% net with scope to achieve higher
Immaculate Condtion
Close By To Local Amenities
Porthcawl Town Centre Nearby
Beaches Within Walking Distance
Pant Morfa, Porthcawl, Cf36 5En
Yieldit are excited to present to the market this well presented property. Accessed via a secure communal entrance which then leads to the property on the ground floor, the property internally consists of; entrance hallway; spacious and bright modern living area, ; fully fitted kitchen; double bedroom with fitted wardrobes; additional single bedroom with fitted wardrobes and bathroom suite. The property has been neutrally decorated throughout and the tenant has kept it in immaculate condition.
Pant Morfa is perfectly placed in the coastal town of Porthcawl which has fantastic transport links with the M4 motorway, enabling tenants to access Swansea within 35 minutes and Cardiff within 40 minutes. Porthcawl certainly has a lot to offer with its 7 beaches providing tenants with a wide range of seaside activities including coastal walks, surfing and paddle boarding lessons, the Coney Beach fairground and even powerboating and jet-skiing. Porthcawl's town centre offers a range of independent and high street shops, along with countless cafes, bars and restaurants, many of which have beautiful views of the coast.
Porthcawl is due to benefit from multi-million pound regeneration plans which will be delivered in 7 phases. These plans include: A new supermarket, housing, better car parks, better coastal defences and leisure facilities. These plans will bring more jobs to the area, boost Porthcawl's tourism economy, and in turn, increase rental demand as more people want to move to the area. There is sure to be a lot of interest in this property, enquire today to avoid disappointment!
Financial Breakdown
Gross Rent: £9,000.00
Net income: £8,610.26
Gross yield: 8.18%
Net yield: 7.83%
Please contact agent for full financial breakdown.
Important note to purchasers: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
Yieldit ref: Yl-07843
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Tenure
Leasehold (86 years)
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