Mary Street, Porthcawl
- PROPERTY TYPE
Block of Apartments
- BEDROOMS
7
- BATHROOMS
5
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Freehold Investment Property
- Parking for Four Vehicles at Rear
- Ground Floor Commercial Lease
- Investment Opportunity
- Seaside and Town Location
- Four Fully Let Residential Units Above Commercial
- Gross income £34760.00 pa
- Yield of circa 8%
Description
The ground floor consists of a commercial unit currently being leased as a cosmetics clinic. The commercial unit comprises of a large open plan room separated by French doors with additional staff kitchen and WC facilities with access to the rear car park.
Just off the communal entrance is flat one which is currently set up as a one bedroom self contained apartment with living room, kitchen, double bedroom and bathroom, with access to the rear parking area from the kitchen.
The first floor consists of two further self contained apartments with staircase access to the top floor apartment. Both apartments on this level include a living room, kitchen, one large double bedroom, and shower/bathroom. The rear apartment also benefits from easy access to the rear carpark down an external staircase off the lounge/kitchen area.
The top floor is a large apartment with vaulted lounge ceiling which is currently let as a two bedroom apartment but has potential to be let as a three bedroom unit which would achieve a higher rental income. There is also access from the lounge to the rear car park via the external staircase
All apartments are fully let, including the commercial unit, currently achieving an income £34760.00 pa
The seaside resort town of Porthcawl has the benefit of a large resident population and an influx of holiday makers and day-trippers. Porthcawl is located just 2 miles or so from Junction 37 (Pyle Interchange) of the M4 Motorway.
Additional Information - Rents from middle of March
Flat 1 £110 per week
Flat 2 to be rented around £650pm
Flat 3 £560 pm
Flat 4 £715pm
Ground floor commercial unit £495pm
Gross income £34760.00 pa
Council Tax
Ground Floor Front Front - Commercial Business Rates
Ground Floor Apartment Rear Flat 1 - B
First Floor Rear Flat 3 - A
First Floor Front Flat 2 - B
Top Floor Flat 4 - B
EPC
Commercial Ground Floor - EPC not applicable to commercial
Flat 1 - 73 sq meters - D
Flat 2 - EPC TBC
Flat 3 - 38 sq meters - D
Flat 4 - 66 sq meters - D
Brochures
Mary Street, PorthcawlBrochure- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: B
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Mary Street, Porthcawl
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Pyle Station3.4 miles
- Tondu Station6.8 miles
About the agent
Key Executive Sales, Cardiff
117-120 Bute Street, Cardiff, CF10 5AE
Key Executive Sales are a new branch of Keylet Sales & Lettings. We focus on the sales of Executive properties across the entirety of Cardiff, Penarth and the Vale. We have over 20 years worth of experience.
Let's see what we can do for you!
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