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Penprysg Road Lane, Pencoed, Bridgend, CF35 6SX

Key features

  • 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

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.

Hunters are pleased to offer a new apartment block comprising of 4 1 Bed apartments in a central location of Pencoed.

Ground Floor 1 bedroom apartment with modern decor throughout, 1 bedroom and shower room. Kitchen / Living Area.

1 allocated parking space and rear garden

Available immediately

Application fee is £180 for first applicant and £90 for second applicant.

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.

Brochures

Penprysg Road Lane, Pencoed, Bridgend, CF35 6SX
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.
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GARDENA property has access to an outdoor space, which could be private or shared.
Yes
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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Penprysg Road Lane, Pencoed, Bridgend, CF35 6SX

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About Hunters, Bridgend

18 Coychurch Road, Pencoed, CF35 5NG

Hunters Estate Agents and Letting Agents Bridgend cover sales and lettings across the County of Bridgend.

Luke Jones, established Fresh Start Properties in 2010 beginning life as a letting agent working from home. Luke quickly established himself in the local property market and soon opened his first shop based in Pencoed in 2013 moving into sales at the same time.

Hunters Estate Agents, Bridgend prides itself on our professional yet personal approach, offering our best service to clients with much of our business coming to us word of mouth.

We always look to support and sponsor local events, clubs and associations with the staff involved in various activities themselves.

Our Services

  • Free Property Market appraisals sales & lettings
  • Fully managed or tenant find property lettings
  • Tailored marketing packages
  • Expert Advice to investors & landlords
  • Property Tours & Virtual Viewings
  • Leasehold block and freehold estate management services
  • Residential Block Management

Your mortgage

Per year
Lender usually expects a 10% deposit
%
Choose between 1 and 40 years
Years
%
Monthly repayments
£1,442
We think you can borrow up to
Add your household income above
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Disclaimer - Property reference 34225840. 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 Hunters, Bridgend. 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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