Lot 1 - 30 Wyndham Street, Treherbert, Treorchy, CF42 5BS

  • Unconditional Online Auction Sale
  • Guide Price* : £57,000+

Residential Investment

Description

A large 3/4 bedroomed mid-terrace house with a rental income of £1,012 per month. The property is situated in a popular residential area with local amenities and schools nearby. The town of Treorchy also benefits for a wider selection of shops and is easily accessible via various means of public transport. The property benefits from mostly UPVC double glazing, gas central heating (not tested) and double storey extension.

The property has been occupied long term by the same family tenants since 2013 who have expressed that they continue to do so. The property currently produces an income with a yield of around 20%.

Accommodation

Ground Floor: Entrance, lounge/dining room, kitchen, wc/cloaks
First Floor: Landing, 3/4 bedrooms, bathroom
Outside: Rear garden

Tenancies

The property is let on an Assured Shorthold Tenancy Agreement at £935 on a 4 weekly basis that equates to £1,012 per month (£12,155 per annum).

UPDATE
Please click here for an updated tenancy agreement for this property.

Tenure

Advised Freehold - to be verified by solicitor

* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation. 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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Office Contact

Sean Roper

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Paul Fosh Auctions, 01633 254 044
01633 254044

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