Lot 66 - Elderbush Inn, 57 High Street, Nantyffyllon, Maesteg, Mid Glamorgan, CF34 0BS
- Unconditional Online Auction Sale
- Guide Price* : £174,000+
- Bedrooms: 12
- Bathrooms: 12
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Lot 66 - Full planning for 12 room HMO Development/Investment
Description
ONLINE AUCTION from 16th DECEMBER - 18th DECEMBER 2025
Previously run as a public house there is now Full Planning Permission to convert into a 12 bed/12 en-suite HMO with the addition of a third storey. The current accommodation over two floors consists of bar and lounge areas. utility room, kitchen/dining area, mens and womens toilets, storage areas, 4 bedrooms, bathroom, w.c. cellar with two rooms and outside courtyard with shed area and rear lane access. The plans include accommodation over 3 floors (loft conversion) communal lounge/dining room, 2 kitchens, 2 bathrooms, 12 rooms with 12 en-suites, laundry room and bike store along with parking for 5 cars and roof top (carport) communal garden. The property is to be sold with vacant possession. The Vendor informs us that each room will let at approximately £600 pcm (£7,200 pcm) with an annual income of approximately £86,400. The Vendor also informs us that she costed the conversion at approximately £261,000 with a Gross Development Value estimated at approximately £581,000.
Nantyffyllon is a village in Maesteg. Maesteg is a town in Bridgend County Borough, Wales. Maesteg lies at the northernmost end of the Llynfi Valley, close to the border with Neath Port Talbot. Maesteg has three railway stations, all on the Maesteg Line. Services are operated by Transport for Wales and run directly to Cardiff Central via Bridgend. The services usually continue to Cheltenham Spa via Newport and Gloucester with one early morning service to Ebbw Vale Town.
Accommodation
Ground Floor Hallway, lounge/dining room, kitchen 1, 4 rooms/en-suites, bike store
First Floor 7 rooms/en-suites, communal bathroom
Second Floor storey (loft conversion) Open plan kitchen 2 /dining/ lounge area, communal bathroom, 1 room/en-suite, communal bathroom
Lower ground floor Cellar - Laundry room
Outside Rear car park area for 5 cars, Carport roof terrace - communal garden area
Tenancies
Planning Planning permission has been granted to convert existing pub in to a 12 bedroom house in Multiple Occupation (HMO)
Planning ref P/24/45/FULL
Local Authority Bridgend County Borough Council
INVESTORS: If you are looking for assistance in tenant find and/or management packages, information on rental income/interest potential we have a Lettings Department that can help you. Please call us or email sarah@paulfoshlettings.com for invaluable advice.
Tenure
Advised Freehold - to be verified by solicitor
Auction Fees And Additional Costs
Auction fees: The sale of each lot is subject to a buyer’s premium of 1.5% of the purchase price (subject to a minimum of £1,500) including VAT unless otherwise stated.
Additional costs: The purchase of the property may be subject to (but are not limited to), VAT (if applicable), reimbursement of the seller’s search fees, reimbursement of seller’s legal and/or sales costs, stamp duty/land transaction tax (LTT). Please check accompanying legal pack for further details.
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
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Documents
- Terms and Conditions for Unconditional and Conditional Online Auctions
- Reservation Fees & Deposits Explained
- Buyers Guide for Unconditional Auctions
- Sellers Guide for Unconditional Auctions
- Guide to Buying at Auction
Legal Documents
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