2-bedroom flat · CF32 9BY
Listing removedListed 178 days
Opportunity summary
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About
Guide price £60,000 - £80,000 & no onward chain We are delighted to offer this two bedroom, ground floor flat in need of full modernisation for sale in Aberkenfig, ideal for a first home or investment.
Located in the village of Aberkenfig, on the outskirts of Bridgend, the property is positioned close to local facilities, including Tondu Retail Park and Tondu train station, as well as being within driving distance to the M4 corridor.
This provides great travel links to Cardiff, Bristol and beyond.
The property is also a short drive to the Princess of Wales Hospital in Bridgend, and is a great option for young families, with St Roberts Primary school situated directly adjacent to the property, and many more nearby.
Upon entry to the property we are welcomed through the hallway and into the impressive living room featuring a cosy fireplace, which is flooded by natural light and offers an abundance of space for relaxing and entertaining, as well as plenty of space to double up as the dining room.
The kitchen can also accommodate a breakfast nook, as well as wooden cabinets offering storage options, and plenty of room for appliances to join the fitted hob and oven.
The kitchen provides further storage with a fitted pantry cupboard, and access to the garden via the neighbouring hallway.
The two bedrooms are both well sized double rooms, each offering convenient storage cupboards, while from the hallway we can find a communal closet, a W.C, and a shower room.
Stepping outside we have the rear tiered garden, featuring a blend of patio space and two tiers of lawned garden, highlighting a great space for unwinding after a long day.
The highlight of the outdoor living space is the large sun-trap patio located at the front of the house, which offers an excellent setting for entertaining and al-fresco dining Lease Information: Term : 125 years from 29 June 1989 Annual Ground Rent : Peppercorn Annual Service Charge: £365.74 Council Tax Band A All services and mains water are connected to the property.
The broadband internet is provided to the property by Cable, the sellers are subscribed to BT. Please visit the Ofcom website to check broadband availability and speeds.
The owner has advised that the level of the mobile signal/coverage at the property is good, they are subscribed to Vodafone. Please visit the Ofcom website to check mobile coverage.
Please contact us for more information or to arrange a viewing.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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About 7 Pleasant View, Bridgend
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