Flats 30A, 45, 49 and 52 Harvey Crescent, Port Talbot, SA12 6DG
- PROPERTY TYPE
Flat
- BEDROOMS
4
- BATHROOMS
4
- SIZE
Ask agent
Description
Investment opportunity to acquire an almost fully let portfolio of four self-contained one-bedroom apartments situated across two established residential blocks in Port Talbot with informed rents totaling approx. £31,200pa representing a gross yield of 15.6%.
Description
An excellent opportunity to acquire an almost fully let portfolio of four self-contained one-bedroom apartments situated across two established residential blocks in Port Talbot. We have been informed that the total rents total £31,200pa representing an initial gross yield of 15.6% on the advertised Guide Price.
The flats are located across the first and second floors and 3/4 flats are currently let on Assured Shorthold Tenancies with one being currently vacant, providing an immediate and consistent income stream. Flat 30a is in one building and then the remaining flats in the building block directly opposite. We understand that the properties are in reasonable condition, making this an ideal low-maintenance investment suitable for both experienced and first-time portfolio investors/landlords.
We are informed that each flat has Economy 7 heating and is held on a long lease of approximately 999 years. The flats are sold with a share of the freehold, offering enhanced control over management and long-term value. There is communal parking available but please refer to the legal pack for confirmation.
PLEASE NOTE : The approximate gross figure stated is based solely on the current passing rents provided and at the advertised Guide Price. We are verbally informed that each flat has an approximate service charge of £360 pa (includes maintenance and insurance). Please refer to the legal pack once available for clarification on tenancies, charges and leases and any further information.
Accommodation
Flats are spread across the 1st & 2nd Floors and are all front facing.
Informed Leasehold with Share of Freehold please refer to legal pack for verification of tenure
Tenancies
Please refer to legal pack for further information on Tenancies
Additional Fees
Buyer’s Premium – 1.5% with a minimum of 2,000.00 (inc of VAT) payable on exchange of contracts. Please refer to the legal pack for any further disbursements to be paid by the purchaser on completion.
Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction.
Further Information
Auctioneers Office, Seel Auctions
Viewing
Viewing by appointment with Seel Auctions
Brochures
Legal DocumentsOnline Bidding- 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.
- Ask agent
- 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.
- Ask agent
- 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
Flats 30A, 45, 49 and 52 Harvey Crescent, Port Talbot, SA12 6DG
Add an important place to see how long it'd take to get there from our property listings.
__mins driving to your place
Get an instant, personalised result:
- Show sellers you’re serious
- Secure viewings faster with agents
- No impact on your credit score
Affordability
Notes
Staying secure when looking for property
Ensure you're up to date with our latest advice on how to avoid fraud or scams when looking for property online.
Visit our security centre to find out moreDisclaimer - Property reference 340208. 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 Seel & Co Ltd, Cardiff - Auctions. 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 Seel & Co Ltd, Cardiff - Auctions on 029 2271 6399.
*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. **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.
Map data ©OpenStreetMap contributors.