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6 bedroom block of apartments for sale

Gorwyl Flats, Ogmore Vale, Bridgend

PROPERTY TYPE

Block of Apartments

BEDROOMS

6

BATHROOMS

4

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.

Freehold

Key features

  • For sale by the Modern Method of Auction, buyer and seller are to Complete within 56 days
  • Buyers Fees Apply
  • Detached block of four flats
  • Six bedrooms across four units
  • Currently £2,500 monthly rental income
  • Attractive estimated 8–10% yield
  • Neutrally decorated, ready to let
  • Off-street parking and garden
  • Council Tax Band A flats
  • Road links to M4 and Cardiff

Description

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional.

For sale: Detached block of four self-contained flats, located in Ogmore Vale, Bridgend, and ideally suited to investors. The property comprises a total of six bedrooms, four kitchens, four reception rooms and four bathrooms, arranged as two two-bedroom flats and two one-bedroom flats. The building is neutrally decorated and benefits from parking and a garden, enhancing its appeal to prospective tenants.

Currently producing an income of approximately £2,500 per month, the property offers a potential rental yield in the region of 8–10% (subject to individual investor assessment). It is individually Council Tax Band A, which may be attractive to tenants seeking manageable outgoings.

Ogmore Vale sits to the north of Bridgend, close to attractive green spaces, walking and cycling routes in the Ogmore Valley, providing opportunities for outdoor recreation. The village offers local amenities, while Bridgend town centre, with a wider selection of shops and services, is accessible by road.

Public transport links include regular bus services connecting Ogmore Vale to Bridgend. From Bridgend railway station, there are frequent services to Cardiff, Swansea and further afield, with typical journey times to Cardiff of around 25–30 minutes. Road connections via the A4061 and A4093 link to the A48 and M4, offering access across South Wales.

This detached investment property presents a structured multi-unit layout with established income, in a location convenient for public transport, green spaces and local routes for walking and cycling.

Brochures

Brochure
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.
Band: A
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.
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Gorwyl Flats, Ogmore Vale, Bridgend

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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
Lenders usually expect a 10% deposit
%
Choose between 2 and 40 years
Years
Current average is 4.5%
%
Monthly repayments
£1,027
We think you can borrow up to
Add your household income above
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Notes

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Disclaimer - Property reference 34429695. 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.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Hunters, Bridgend on 01656 335413.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

*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.
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