- Four self-contained flats
- Long-term sitting tenants
- Impressive rental yield
- Modern neutral decor throughout
- Private reception rooms and kitchens
- Desirable location
- Excellent public transport links
- Close to local amenities
- Fully occupied investment property
- Original plans available
Property Description
Presenting an excellent opportunity for investors, this substantial detached development property comprises a block of four self-contained flats, each benefiting from long-term sitting tenants and delivering an impressive yield. The property is neutrally decorated throughout, providing a modern and contemporary feel that will appeal to tenants and investors alike.
Each flat offers its own reception room, kitchen, bedroom, and bathroom, making this property especially attractive for those seeking a fully occupied buy-to-let investment. The configuration ensures privacy and independence for all occupants, which is ideal for tenant satisfaction and long-term retention. The property’s four reception rooms and four kitchens further enhance the sense of space and functionality, establishing the building as a standout investment prospect in the current market.
Situated in a desirable location, the property enjoys close proximity to excellent public transport links, providing effortless access to the wider area for residents. Local amenities are within easy reach, supporting a convenient lifestyle for tenants. For those who enjoy an active lifestyle, the surrounding area features picturesque walking routes and well-maintained cycling paths, further broadening the property’s appeal.
This is a rare and lucrative buy-to-let opportunity that combines immediate rental income, tenant stability, and outstanding location benefits. Investors seeking a reliable addition to their portfolio will find this block of flats an exceptional prospect. For further information or to arrange a viewing, please contact our office at your earliest convenience.
Each flat offers its own reception room, kitchen, bedroom, and bathroom, making this property especially attractive for those seeking a fully occupied buy-to-let investment. The configuration ensures privacy and independence for all occupants, which is ideal for tenant satisfaction and long-term retention. The property’s four reception rooms and four kitchens further enhance the sense of space and functionality, establishing the building as a standout investment prospect in the current market.
Situated in a desirable location, the property enjoys close proximity to excellent public transport links, providing effortless access to the wider area for residents. Local amenities are within easy reach, supporting a convenient lifestyle for tenants. For those who enjoy an active lifestyle, the surrounding area features picturesque walking routes and well-maintained cycling paths, further broadening the property’s appeal.
This is a rare and lucrative buy-to-let opportunity that combines immediate rental income, tenant stability, and outstanding location benefits. Investors seeking a reliable addition to their portfolio will find this block of flats an exceptional prospect. For further information or to arrange a viewing, please contact our office at your earliest convenience.
Additional Information
| Tenure: | Freehold |
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Rooms
General information
This detached self-contained property situated to the rear of Penprysg Road, consists of a common entranceway with 4 one-bed flats of approximately 35sqm to 40sqm each. Purpose built in 2018 in line with all Building regulations.Details and tenancies:
Flat 1 - 1 Bed Flat No Parking
Currently £625 per calendar month Periodic tenancy since May 2018
Flat 2 - 1 Bed Flat with Parking and Garden and own entrance
Currently £650 per calendar month Periodic tenancy since May 2019
Flat 3 - 1 Bed Flat No Parking
Currently £625 per calendar month Periodic tenancy since June 2018
Flat 4 - 1 Bed Flat with Parking
Currently £640 per calendar month Periodic tenancy since December 2024
Total Annual Income: £30,480
Properties currently let as follows:
Three tenants have been in situ since 2018/2019, and the fourth tenant is new as of last year, being the daughter of an existing tenant. All tenants have paid their rent without fail and treat the property as their home. Each flat is equipped with a gas-combi boiler, which is serviced annually, and a water meter.
Utilities
Electricity:
Mains Supply
Sewerage:
Mains Supply
Heating:
Gas Central
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Penprysg Road Lane, Pencoed, Bridgend, CF35 6SX
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