Property description
FOR SALE BY AUCTION - -Investment Opportunity
ONLINE AUCTION from 16th MARCH-18th MARCH
A substantial bay fronted property which comprises two spacious flats.
The property is conveniently situated for both Porthcawl town centre and the stunning promenade and coastline. The property benefits from UPVC double glazing, gas central heating (not tested) and there is a rear yard for the use of the ground floor flat.
Please note no internal inspection has been carried out by the auctioneers, however, we believe it comprises:
Ground Floor: Flat 1 - Entrance hallway, lounge, dining room, kitchen, bathroom, bedroom
First Floor: Flat 2 - Landing, lounge, kitchen, bedroom, bathroom
Second Floor: 2 bedrooms
Outside: Rear yard
Tenure:
Advised Freehold - to be verified by solicitor
Tenancies:
Ground floor flat is sold off on long leasehold 150 years from 2020 (ground rent £200 per annum)
First floor flat is let on a regulated tenancy at £4,830 per annum
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