* Freehold
* Investment opportunity
* Town centre location
* Sold as seen
* £9000 pa income
* Development potential
* Cheap to acquire
* Conditional auction terms
* Going concern
**Overview**
For sale by conditional online auction
This property is to be sold as seen and is available via online auction
Please visit the Bluestone Property website and click 'Auction' on the main
menu
In order to bid, first register and verify your email.
Then, via the dashboard:
\ - pass an id check
\ - enter your card details
\ - enter your solicitor details
This block of 3 flats located in the town centre of Pontypool comprises of
three one - bedroom flats. The property is conveniently located close to lots of
amenities in the town centre of Pontypool. Flats 2 and 3 are both being sold
with tenants in situ. Both flats comprise of a double bedroom, an open plan
reception room with a kitchen, and a bathroom.
Flat 1 (ground floor) requires renovation but has plenty of potential,
comprising of an open plan reception/kitchen, a bedroom and a bathroom.
With two flats occupied the property is currently generating £9, 000pa. These
rents have not been reviewed in some years and have potential for increasing
to market rent levels. The ground floor flat requires renovation and once
complete will attract market rent approximately £6, 000pa.
Overall a great investment and development opportunity.
Council tax band: A