£145,000

4 bed terraced house for sale

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Auction
Freehold

Guide price

£145,000

4 bed terraced house for sale

23 & 23A Park Place, Merthyr Tydfil, Mid Glamorgan CF47

4 beds
2 baths
EPC rating: E

Key Information

Tenure:
Freehold
Council tax band:
A

Local area information

Property location

Nearby amenities

  • Gwaunfarren Primary School 0.2 miles
  • Cyfarthfa High School 0.3 miles
  • Merthyr Tydfil 0.5 miles
  • Pentre-Bach 1.9 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Freehold
  • Mid-terrace house & studio apartment
For sale by online, unconditional auction on 10/07/2024 18:30

Guide Price: £145,000+
Mid-terrace house & studio apartment


We are excited to present this attractive investment opportunity: A mid-terraced property that includes a spacious three-bedroom house and a lower-ground floor studio apartment. This dual-income property is ideal for investors looking to maximize their rental yield.

The three-bedroom house is sold with vacant possession, offering immediate potential for rental income or resale. The house features a welcoming entrance, a bright and airy living area, a generous kitchen, and three bedrooms. The studio flat is located on the lower ground floor, but can be accessed from the main road or through the rear garden area and provides ample living space, including a large open-plan living/kitchen/bedroom area and separate bathroom area.

EPC ratings: 23 Park Place (D) // 23a Park Place (E)

The lower-ground floor studio apartment is currently let on an occupational contract at £303 per calendar month, providing a steady income stream from day one. This self-contained studio includes a living and sleeping area, a compact kitchenette, and a private bathroom, making it an attractive option for tenants seeking comfortable and affordable accommodation.

Located in a convenient area with easy access to local amenities, schools, and transport links, this property is ideal for tenants and offers strong rental demand. The dual living spaces provide flexibility and diversification of income, reducing vacancy risks and enhancing overall investment stability.

This property presents a unique opportunity to acquire a solid investment with immediate rental income. Don't miss out on this versatile investment prospect. Contact us today to arrange a viewing.

Accommodation
23 - Ground Floor: Entrance hallway, living/dining room, kitchen, storage area
First Floor: Landing, bathroom/wet-room, 3-bedrooms

23A
- Ground Floor: Entrance to flat

Lower Ground Floor - open plan, living-room/kitchen/bedroom, bathroom

Outside - Low-maintenance rear yard

Tenancy Details
23 - to be sold with vacant possession

23A - to be sold subject to a occupational contract at £303 per calendar month

Tenure
Tenure is advised Freehold - to be verified

Applicable Fees
Please note: A Buyers Premium will be applicable to all lots sold at auction, this is charged at 1.2% inc. VAT of the final sale price (subject to a minimum of £995 inc. VAT).

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Floor plans and tours

Floor plans

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Tours

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Listed by

Sage & Co Auctions Ltd

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  2. For sale
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  5. Park Place

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