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UNDER OFFER

Llys Soar, Scott Street, CF42

PROPERTY TYPE

Block of Apartments

BEDROOMS

8

BATHROOMS

8

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

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Key features

  • 10% Gross Yield
  • Great Investment Opportunity
  • Immediate Income Generating
  • 4x fully let garages included

Description

A unique opportunity to acquire a fully-let block of 8 residential flats.

The Area
This property is situated in a desirable and quiet road just a short walk from Treherbert High Street. There is easy access to many key amenities including local shops, cafés and pubs. There is a convenience store under a minutes walk away and a bus stop 20 yards from the property where tenants can catch the 130 bus directly into Pontypridd. Treherbert Train Station is less than a mile away and offers direct train services into Cardiff. The property is also just a 7 minute drive from Treorchy High Street where there are many more shops including 2 major supermarkets. There are also well-respected schools only a few minutes? drive away.
There are nature trails close by offering riverside and mountain walks. The hillsides offer an impressive backdrop to the surrounding area.

The Property
The 8 flats are producing a total annual income of £46,320.00 with scope for increase.
The price of £475,000.00 (VAT free investment) reflects 10% gross yield. As seasoned investors will appreciate, this is an excellent return which is so rarely offered on the open market.

4x fully let garages included.

Management Services
Property Partners run a successful agency and management company and offer the buyer preferential rates if they wish for Property Partners to manage the tenants in the flats. Please contact us about this directly.
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.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Garage
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.
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Energy performance certificate - ask agent

Llys Soar, Scott Street, CF42

Approximate location

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About Property Partners Estate Agents Limited, Cardiff

PO BOX 4437 Llanishen, Cardiff, CF14 8PY

Property Partners is an independent estate agent based in Wales. We have worked hard to define an ethos centred around exceptional service and the provision of quality homes. Established in 2017 as a partnership between two long standing property professionals, Property Partners has since seen healthy growth in its business while still maintaining a personal touch in its client engagement. Due to our extensive local property market knowledge, we are able to provide unrivalled levels of customer service and help to simplify the process of finding our client's dream home.

Property Partners are members of the Property Redress Scheme, PropertyMark, NRLA - National Residential Landlords Association and operate under guidelines created by Rent Smart Wales. Our team of highly qualified staff believe in responsible landlord practices and we partner ourselves with local authorities to provide homes for vulnerable adults. We believe in contributing to the communities we operate in by developing vacant, derelict housing into desirable homes for long term letting

Your mortgage

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Years
%
Monthly repayments
£2,264
We think you can borrow up to
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Disclaimer - Property reference Llyssoar. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Property Partners Estate Agents Limited, Cardiff. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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