£475,000
Block of flats for saleLlys Soar, Scott Street, Treherbert CF42
EPC Rating: B
- Freehold
Property Partners Services Limited
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About this property
10% Gross Yield
Great Investment Opportunity
Immediate Income Generating
A unique opportunity to acquire a fully-let block of 8 residential flats.
The Area
This property is situated in a desirable and quiet road just a short walk from Treherbert High Street. There is easy access to many key amenities including local shops, cafés and pubs. There is a convenience store under a minutes walk away and a bus stop 20 yards from the property where tenants can catch the 130 bus directly into Pontypridd. Treherbert Train Station is less than a mile away and offers direct train services into Cardiff. The property is also just a 7 minute drive from Treorchy High Street where there are many more shops including 2 major supermarkets. There are also well-respected schools only a few minutes’ drive away.
There are nature trails close by offering riverside and mountain walks. The hillsides offer an impressive backdrop to the surrounding area.
The Property
The 8 flats are producing a total annual income of £46,320.00 with scope for increase.
The price of £475,000.00 (VAT free investment) reflects 10% gross yield. As seasoned investors will appreciate, this is an excellent return which is so rarely offered on the open market.
Management Services
Property Partners run a successful agency and management company and offer the buyer preferential rates if they wish for Property Partners to manage the tenants in the flats. Please contact us about this directly.