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Pier Close, Port Talbot, South Glamorgan, Neath Port Talbot, SA12

Key features

  • Three bedroom mid-terraced property
  • Being sold with tenants in situ
  • Current rental income: £700 per calendar month
  • Scope to increase rent to circa £900 pcm, in line with market rate
  • Potential gross yield of approximately 7.0%
  • Current tenant has been in situ for around 5 years

Description

11 Pier Close, Port Talbot, SA12 7NT
£155,000 | Three Bedroom Mid-Terrace | Coastal Buy-to-Let Opportunity
Overview
We are pleased to present for sale this three-bedroom mid-terraced property, ideally positioned just a short walk from Aberavon Beachfront and its wide range of amenities. The property is currently let to long-term tenants and is offered for sale with tenants in situ on a rolling contract, making it a compelling turnkey investment opportunity with scope for rental growth.
The tenants have been in occupation for approximately five years, demonstrating stability and ongoing demand for the location. The rent was increased on 6th December and remains below current market value, providing a clear opportunity to enhance returns.

Price & Yield Summary
* Marketing Price: £155,000
* Current Rent: £700 pcm (£8,400 pa)
* Current Gross Yield: Approx. 5.4%
Estimated Market Rent:
* £850 pcm (£10,200 pa) - Approx. 6.6% gross yield
* £900 pcm (£10,800 pa) - Approx. 7.0% gross yield
This represents a strong yield profile for a coastal property with long-term tenant demand and upside potential.

Key Investment Highlights
* Long-term tenants in situ (approx. 5 years)
* Rolling tenancy agreement
* Recent rent increase (December 6th)
* Rental uplift potential of £150-£200 pcm
* EPC Rating: D
* Council Tax Band: B
* Popular coastal location with strong rental demand

Property Features
* Three bedrooms
* Two bathrooms, including ground floor shower room
* Two reception rooms
* Fitted kitchen
* Gas central heating via combi boiler
* Double glazing throughout
* Hardstanding / allocated parking to the front
* Gardens to the front and rear

Summary
Offered at £155,000, this property presents an excellent buy-to-let opportunity, delivering immediate income with a current yield of approximately 5.4% and potential to increase to circa 6.6%-7.0% through rental alignment with market levels. Early viewing is strongly recommended.

LET PURE INVESTOR TAKE THE STRAIN AWAY .....
We offer a comprehensive lettings and property management service, ensuring our landlords benefit from a single point of contact for their entire portfolio. From London to Lancaster, from Cardiff to Colchester, we offer a fully managed service for landlords looking to minimise costs and maximise efficiency across their portfolio.
* Fully managed lettings and property management service
* Comprehensive coverage throughout England and Wales
* One team, one fee across your full portfolio
* Rental income protection available
* Transfer your existing properties quickly and easily
If you would like to find out more about our lettings and property management service, or would like to find out how much we can save you each month, why not contact our team today on Tel: to find out more
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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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Pier Close, Port Talbot, South Glamorgan, Neath Port Talbot, SA12

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About Pure, Manchester

The Lightwell, 61-63 Brown Street Manchester M2 2JG

Having sold investment properties for almost 14 years, Pure Investor is today one of the most established and recognisable property investment consultancies in the UK. Our commitment to the very highest levels of customer service has resulted in Pure Investor now being rated 4.9 out of 5.0 'Excellent' on Trustpilot.

Thinking Of Investing In Property In The UK?

We offer one of the UK widest portfolio's of investment properties available. From traditional, residential buy-to-let properties and purpose built student accommodation, through to market leading off-plan developments in locations including Manchester, London, Birmingham and many more destinations throughout the UK.

Our focus is genuinely consultative, and regardless of whether you're a first time property investor or an institution, we aim to assist our clients in achieving their long term investment goals through property. Many of our client have worked with Pure Investor for many years, both purchasing and selling their investment properties through us.

Thinking Of Selling?

We're one of the UK's leading providers of tenanted buy-to-let properties, and as such if you are considering selling your investment property, but are not sure how to sell with tenants in situ, why not contact our team today to find out about our specialist resales service? We have a global network of property investors who are proactive in purchasing tenanted properties to add to their current portfolios.

Thinking Of Renting Your Property Out?

We have one of the regions fastest growing lettings portfolios, and our full service property management and lettings service is specifically designed to cater for the demands of more established landlords operating throughout the North West of England.

Regardless of whether you are looking to invest in property, or sell your buy-to-let, why not give our team of experienced property consultants a call today to find out more about our services?

We look forward to speaking with you!

Your mortgage

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Years
Current average is 4.5%
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Monthly repayments
£707
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Disclaimer - Property reference Pier-Close-Port-Talbot. 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 Pure, Manchester. 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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