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

- PROPERTY TYPE
Terraced
- BEDROOMS
3
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
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
£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
- 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.
- Yes
- 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.
- Ask agent
Energy performance certificate - ask agent
Pier Close, Port Talbot, South Glamorgan, Neath Port Talbot, SA12
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Visit our security centre to find out moreDisclaimer - 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.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
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