Residential Investment Vale of Glamorgan CF64 £440,000 UNSOLD, CONTACT AUCTIONEER FOR RESERVE PRICE/AVAILABILITY STATUS
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Auction date: Tue, 03/07/2018 - 16:00
A substantial four storey semi detached house having pointed brick elevations beneath a pitched slate roof covering benefiting from double glazed uPVC fenestration and gas central heating (not tested). The property is currently divided into three units comprising of a two bedroom self contained lower ground floor apartment, six bedsit rooms with a share of two bathrooms occupying the ground and first floors and a top floor large one bedroom apartment with sea views to the rear.The house is fully HMO licenced and currently has full occupation with very little void periods as the owner has preferred to retain the tenants on low rents rather than increase to market rents. The income currently generated is £22,884 per annum with scope for betterment in the region of £35,000 with an increase to market rent
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