Offers over
£157,000
(£224/sq. ft)
2 bed flat for saleHayes Road, Penarth CF64
2 beds
2 baths
1 reception
700 sq. ft
EPC Rating: D
- Leasehold
Let Property
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About this property
Buy-to-Let Opportunity
2 Bedrooms
Modern Lounge and Kitchen
Parking Bay
Roof Terrace
Good Condition
Easy Access to Local Amenities
Investment potential detailed below (Let Property Pack)
This is a 2-bedroom flat in Penarth. With valuable amenities in close proximity, rewarding rental returns and a tenant currently situated, this is a fantastic opportunity for investors looking to expand their portfolio!
The well-kept home features 2 bedrooms, three-piece bathroom and ensuite, modern lounge, kitchen, roof terrace and parking bay.
Investment Details
It currently produces an annual gross income of £12,600 which could be increased by the new owner to a market rate of £15,600 with tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investors property portfolio.
For greater detail on this property's investment potential, please see the Let Property Pack linked below.
If you are interested, please call us.
Tenancy Details
The current tenants have lived in the property and consistently paid their rent for the duration of their stay. They do not have any intentions to move out so hope to remain in the property.
Let Property Sales are committed to facilitating a smooth transaction process and to allow for maximum commitment to the sale from both parties, a fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non completion.
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More information
Tenure
Leasehold (Ask agent)
Service charge
Council tax band
Ground rent
£150
Ground rent date of next review