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41A, B, C Oxford Street, Pontycymer, Bridgend

PROPERTY TYPE

Block of Apartments

BEDROOMS

3

BATHROOMS

2

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

  • Close to local amenities including shops, schools, cafes, and parks
  • Ideal investment
  • Mid Terrace
  • Three separate self-contained flats
  • Shower Room
  • Two-tier rear garden

Description

Offered to the market at £160,000, this substantial property on Oxford Street, Pontycymer presents an excellent investment opportunity, currently arranged across three flats with the potential to reinstate the property as three separate self-contained units, subject to any necessary works, consents and regulations.

Flat 41C - Lower Ground Floor
The lower flat comprises one bedroom, living room, bathroom and kitchen/diner. The kitchen/diner is situated within the basement area, which provides access to a two-tier rear garden, with the second tier extending further down.

Flat 41B - Ground Floor
The ground floor accommodation currently comprises a lounge, bathroom and a kitchen/room which is presently being used as a bedroom. This space offers flexibility and could potentially be configured as a bedroom for residential use or provide an alternative shop/commercial space, subject to the relevant permissions.

Flat 41A - First Floor
The upper accommodation provides a large living room, one bedroom, bathroom and utility room, with the utility room leading through to a further shower room. There is also potential to reconfigure this accommodation to create a two-bedroom flat, which could potentially achieve rental income of approximately £725 per calendar month, subject to the necessary works and market demand.

The property benefits from multiple access points, including a front door to 41A, a separate entrance to the upper accommodation and access to the ground/lower accommodation. There is also currently an open doorway connecting the upper accommodation to 41C, which could potentially be blocked off to reinstate the properties as fully separate flats.

Investment Potential
Modernisation and improvement works are required, providing an excellent opportunity for an investor to refurbish and maximise the property's potential.

Based on the potential layouts, rental income could be in the region of £650 pcm for each one-bedroom flat, with the upper flat potentially being reconfigured into a two-bedroom property achieving approximately £725 pcm. This would give a potential combined rental income of approximately £2,025 per calendar month (£24,300 per annum), subject to the final configuration, condition, market demand and any required permissions.

At an asking price of £160,000, this represents an appealing opportunity for an experienced investor or developer looking for a refurbishment project with the potential to create three separate rental units.

EPC Ratings:

41A: Current 63 (D) | Potential 81 (B)
41B: Current 58 (D) | Potential 75 (C)
41C: Current 76 (C) | Potential 79 (C)

Council Tax: TBC

Council Tax Band: A
Tenure: Freehold

Entrance hall

White PVC front door. Stairs to right leading to ground floor. Stripe tan carpet. door to left gives access to large reception room. Stairs to left gives access to second floor. Door to rear access to rear bedroom.

Reception

4.397m x 5.398m

Entrance from front door throigh to entrance hall. Door to left giving access to reception room. door to rear giving access to passageway/room for utilities, another door continuing to w/c. Beige carpet, white walls with blue skirting boards. Large windows to front.

W/C

1.7m x 1.81m

white toilet and sink. window to rear. radiator to left.

Bedroom 1

2.99m x 3.15m

Green pattern carpet, green walls. window to rear and side. Worktops with two cabinets with sink and kitchen appliances to left.

Stairs

Stairs to right, from entrance hall, gives access to ground floor. Stairs laid to tan carpet.

Living room

3.18m x 4.83m

Grey carpet, grey and white pattern walls. Three windows to rear giving lots of light. Internal window to rear. Light in centre of room. Stairs giving access to lower level kitchen and garden.

Bathroom

1.548m x 2.705m

Access from hall. First door on left. Grey wood vinyl flooring. white bath with silver square shower above. White toilet and sink. Light in centre.

Bedroom 1

3.152m x 3.825m

Beige carpet, three cream walls one wallpaper wall to rear. small internal window to front. One main light in centre.

Kitchen

4.648m x 4.014m

Access from stairs to lower level. Tan wood laminate flooring. 'L' shape kitchen, white cabinets with cool brown worktop. silver sink and tap. Door to rear giving access to garden.

Landing

Stairs from entrance hall leading to second floor. Landing gives access to Utility room, shower room, reception room with bay window, main bedroom, kitchen, storage room previously used as bathroom.

Reception

4.314m x 3.33m

One bay window, and another window to front. Tan carpet, cream walls.

Shower Room

2.226m x 1.66m

Access from utility. Grey and white cladding on walls, non slip grey vinyl flooring. Hand grip railings, wheelchair access friendly. White toilet.

Kitchen

3.285m x 1.7m

Third floor kitchen. Tan ceramic tiles to floor, cream walls. Window to rear. Boiler in left corner. white kitchen cabinets, grey worktops, silver sink and tap.

Bedroom 1

2.529m x 3.614m

Tan carpet, cream walls. Window to front. Radiator to right. Light in centre.

Disclaimer

Your attention is drawn to the fact that we have been unable to confirm whether certain items included with the property are in full working order. Any prospective purchaser must accept that the property is offered for sale on this basis. All dimensions are approximate and for guidance purposes only

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.
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GARDENA property has access to an outdoor space, which could be private or shared.
Rear garden
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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41A, B, C Oxford Street, Pontycymer, Bridgend

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Affordability

Monthly repayments£803
Property: £ 160,000
Deposit: £ 16,000
Interest rate: 5.33%
Term: 30 years
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About Wisemove, Pontycymer

57-59 Oxford Street, Pontycymer, CF32 8DD

Wisemove is a long-established family run business with extensive local knowledge and experience. Being the leading independent agent in the area; we are committed to providing customers a professional yet friendly service throughout South Wales. Our knowledgeable, attentive sales team have a reputation of success and aim to ensure every transaction is as smooth and stress free as possible.

Exceeding the expectations of typical agents is the norm at Wisemove. By treating every sale with complete care and enthusiasm, we have achieved more sales in the CF32 area than any other competitors branch*. We offer a range of sales packages to ensure you get the best service without hidden fees or extra costs, tailored to your individual needs.

Our commitment has proved to be the foundation of the trust embedded between us and our local community; which is why we pride ourselves in supporting local clubs, schools and the neighbourhood. Based within the picturesque Garw Valley, boasting lakes, cycle path, Darren Fawr mountain bike trail and countryside walks; we are just 13 miles from the stunning South Wales coastline and 6 miles from the M4 junction 36 between Cardiff and Swansea.

We are large enough for professionalism yet small enough to care: So why not make your move a Wisemove.

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Disclaimer - Property reference RS0865. 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 Wisemove, Pontycymer. 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.