FOR SALE BY AUCTION - -Lot -37 Residential investment opportunity ONLINE AUCTION from 7th OCTOBER - 9th OCTOBER 2025
A substantial bay fronted freehold building that comprises five flats. The property is situated just a few hundred yards from Barry town centre with its excellent range of shopping facilities and transport links.
The property has historically enjoyed excellent occupancy levels and has been maintained to a good standard to include UPVC double glazing and electric storage heaters (not tested). The flats also benefit from fitted kitchens and shower rooms with Flat 2 recently refurbished.
Flat 1: First Floor: Lounge / Kitchen, Bedroom, Shower Room
Flat 2: First Floor Kitchenette, Hallway, Lounge, Bedroom, Shower Room
Outside Communal rear garden with side access
Tenancies: 34A Sold with vacant possession but should let at £700.00 pcm (£8,400 per annum). Left vacant for sale however Vendor has details of potential Tenants.
34b - Currently let at £335.00 pcm (£4,020 per annum).
Flat 1 - Currently let at £700.00 pcm (£8,400 per annum).
Flat 2 - Sold with vacant possession but should let at £570.00 pcm (£6,840 per annum). - Left vacant for sale however Vendor has details of potential Tenants.
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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