Guide price
£95,000
4 bed block of flats for sale17-18 Bridge Street, Troedyrhiw, Merthyr Tydfil, Mid Glamorgan CF48
4 beds
- Auction
- Freehold
Paul Fosh Auctions
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About this property
Advised Freehold - to be verified by solicitor
From 2022 to August 2025, the residential parts have been rented with a mix of long and short term contracts. In view of the pending sale, we are only taking short term bookings up to end August...
For sale by online auction - Lot 83- Commercial/Residential investment opportunity
Bidding opens: 02/09/2025 12:00
Auction scheduled to end: 04/09/2025 19:34
online auction from 2nd September- 4th September 2025
A mixed use property in a busy and popular South Wales valleys village comprising a double fronted shop on the ground floor front of building and residential parts above and to the rear, with separate access from the rear.
The residential part is currently configured as a ground floor studio flat with its own entrance and first floor flat with kitchen and 3 ensuite rooms.
The property will be given with vacant possession of the residential parts and the commercial unit part tenanted.
Ground Floor: Double fronted retail unit to front with retail sales area. Rear studio flat with kitchenette and shower room/ w/c
First Floor: 3 en-suite bedrooms kitchen
Outside: Rear Yard
Tenure:
Advised Freehold - to be verified by solicitor
Tenancies:
From 2022 to August 2025, the residential parts have been rented with a mix of long and short term contracts. In view of the pending sale, we are only taking short term bookings up to end August 2025.
The rents are: Self-contained studio flat at £200/week and ensuite rooms in the flat at £150/week. At full occupancy per week it's £650/week and we have around 70% occupancy on these rooms - so average £455/week giving £1970/month.
The left side of the shop (m2) is currently rented on a 5 year lease at £300/month and the right side of the shop (m2) is available to rent at £300/month. There is a shared toilet.
Shop tenants pay all bills, business rates, and maintain the shop themselves so there is only insurance costs on landlord side.
Total income potential based on current use and figures up to August 2025: £2570/month