- Potential Yield Of 12% +
- Ideal Investment +
- Mixed Use Space +
- 2 Bedroom First Floor Flat +
- Prime Location +
- Recently Renovated Flat +
The Property
Top floor 2 bedroom apartment, ground floor commercial use property
* Fantastic Investment Opportunity, potential of 12% yield *
This freehold ground floor commercial space provides an ideal investment opportunity that includes a first floor two bedroom flat above which has had significant renovations recently. Such renovations include re-wiring, a new fitted kitchen and bathroom, double glazed windows to the first floor and new flooring throughout the flat also.
The commercial ground floor space has been most recently used as a taxi office, staff toilet and waiting room. The flat above has separate access and comprises a kitchen and dining room, two bedrooms, bathroom and living room. The commercial and residential areas have separate utility supplies with the residential benefitting from a gas combination boiler.
Location
Maesteg is a town in Bridgend County Borough, Wales. Maesteg lies at the northernmost end of the Llynfi Valley, close to the border with Neath Port Talbot. Conveniently located and close to all local amenities, the property here has good public transport routes nearby, with the train station within a reasonable distance and bus routes towards Port Talbot. and Caerau Primary School. bus routes towards Maesteg and Port Talbot. A commuters dream as very easy access to the M4 corridor. The town of Maesteg benefits from a superb range of amenities and shopping facilities including two supermarkets.
Historically a part of Glamorgan, the growth of the town started with the opening of ironworks in the 1820's and 1830's. Once a coal mining area, the last pit closed in 1985.
General Information
All interested parties will be required to discuss financial pre-qualification with Purplebricks Mortgages, prior to viewings being confirmed.
Purplebricks Land & New Homes Team will arrange such for all interested parties with our specialised and dedicated team within Purplebricks Mortgages.
Property Description Disclaimer
This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as 'draft'. Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts.
Successful buyers will be required to complete anti-money laundering checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.