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18 Coychurch Road, Pencoed, Bridgend
Cardiff
CF35 5NG
Gorwyl Flats, Ogmore Vale, Bridgend
By Auction £225,000
6 Bedroom Block of Flats
- For sale by the Modern Method of Auction, buyer and seller are to Complete within 56 days
- Buyers Fees Apply
- Detached block of four flats
- Six bedrooms across four units
- Currently £2,500 monthly rental income
- Attractive estimated 8–10% yield
- Neutrally decorated, ready to let
- Off-street parking and garden
- Council Tax Band A flats
- Road links to M4 and Cardiff
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional.
For sale: Detached block of four self-contained flats, located in Ogmore Vale, Bridgend, and ideally suited to investors. The property comprises a total of six bedrooms, four kitchens, four reception rooms and four bathrooms, arranged as two two-bedroom flats and two one-bedroom flats. The building is neutrally decorated and benefits from parking and a garden, enhancing its appeal to prospective tenants.
Currently producing an income of approximately £2,500 per month, the property offers a potential rental yield in the region of 8–10% (subject to individual investor assessment). It is individually Council Tax Band A, which may be attractive to tenants seeking manageable outgoings.
Ogmore Vale sits to the north of Bridgend, close to attractive green spaces, walking and cycling routes in the Ogmore Valley, providing opportunities for outdoor recreation. The village offers local amenities, while Bridgend town centre, with a wider selection of shops and services, is accessible by road.
Public transport links include regular bus services connecting Ogmore Vale to Bridgend. From Bridgend railway station, there are frequent services to Cardiff, Swansea and further afield, with typical journey times to Cardiff of around 25–30 minutes. Road connections via the A4061 and A4093 link to the A48 and M4, offering access across South Wales.
This detached investment property presents a structured multi-unit layout with established income, in a location convenient for public transport, green spaces and local routes for walking and cycling.
Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
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