Just added

Guide price

£54,000

2 bed flat for sale
Maes-Y-Felin, Bridgend CF31

    • 2 beds

    • 1 bath

    • 1 reception

  • Auction
  • Leasehold

Peter Alan - Bridgend

Logo of Peter Alan - Bridgend

About this property

  • Buy to Let

  • Investor Opportunity

  • Sale by Modern Auction (T&Cs apply)

  • Subject to an undisclosed Reserve Price

  • Buyers fees apply

  • Established Tenant in Situ

  • Ideal investment buy

  • Close to Bridgend Town Centre

  • Council Tax Band A

  • No Ongoing chain

Summary
A spacious two-bedroom flat located close to Bridgend town centre, offered as a ready-made investment with a long-term tenant in situ. Ideally positioned near local amenities, shops, and transport links, the property benefits from strong rental demand-an excellent opportunity for landlords.

Description
Situated within close proximity to Bridgend town centre, this spacious two-bedroom flat is offered for sale as an ideal investment opportunity with a long-standing tenant in situ. The property presents an excellent option for landlords looking to expand their portfolio or for first-time investors seeking a straightforward purchase with immediate rental income.

Conveniently located near a range of local amenities, shops, and transport links, the property continues to attract strong rental demand. Offered with a sitting tenant already in place, this is a ready-made investment opportunity not to be missed.

**sold with sitting tenant for £500 pcm**

Auctioneer's Comments
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).

The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded.

The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of no more than £349 inc. VAT towards the preparation cost of the pack. Please confirm exact costs with the auctioneer.

The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.

Hallway

Reception Room 14' 5" max x 8' 6" max ( 4.39m max x 2.59m max )

Kitchen 9' 10" x 7' 7" ( 3.00m x 2.31m )

Bedroom One 14' 1" x 9' 10" ( 4.29m x 3.00m )

Bedroom Two 12' 6" x 7' 1" ( 3.81m x 2.16m )

Bathroom

Lease details are currently being compiled. For further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.

1. Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither Peter Alan nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.

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More information

  • Tenure

    Leasehold (87 years)

  • Service charge

  • Council tax band

    A

  • Ground rent

    £0

  • Ground rent date of next review

  • Report this listing
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Property descriptions and related information displayed on this page are marketing materials provided by - Peter Alan - Bridgend. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Peter Alan - Bridgend for full details and further information.