Project Description

*Submit Pre-Auction Offer

Location
The property is located on the north side of the square which connects Pengam Road and Gwerthonor Road in the popular residential area of Pengam in the Rhymney Valley in the Caerphilly county borough, in Wales.

There are a wealth of amenities within close proximity to the property including local convenience stores, a cafe, and fish and chip shop and other retail outlets.

Lewis Senior School Pengam and Pengam Primary School are both located in walking distance within 0.3 miles from the property.

There are good road links between Pengam and the neighbouring villages and towns. Pengam railway station is within 500 ft from the property ideal for commuting to Caerphilly and Cardiff.

Description
This traditional stone built end terrace cottage offers spacious accommodation set over three floors.

The property comprises entrance door leading into a spacious living room with stairs to lower ground and first floor landing.

The lower ground floor comprises a modern fitted kitchen with separate utility and access to the rear courtyard garden.

To the first floor there are three well proportioned bedrooms and a fitted family bathroom.

Accommodation

Property not measured

Services
We understand the property has mains gas, electric, water and drainage.

Tenure
Freehold

Investment Analysis
We estimate the property will let for approximately £500 pcm (£6,000 pa). Representing a gross annual yield of 10.17%.

Council Tax
The property is rated in Council Tax Band B. Council Tax payable (2016/17) is £950.45

*Guide Price
£59,000+

Please note an inspection of this property has not been undertaken and photographs have been provided by a third party.

Viewing by Appointment

To view this property, please contact John Pye Property – property@johnpye.co.uk – 0115 970 6060

Please click the following link to access the legal pack documents – http://www.johnpye.auctiondocs.com/

Address

7 The Square
Blackwood
Glan y Nant
Gwent
NP12 3XF

Features

✓ Excellent buy to let opportunity
✓ Good rental location
✓ Good transport links
✓ Long leasehold
✓ Close to all amenities
✓ Approximately 11.74% Gross Yield

Contact

Matt Kirk
Phone: 0115 970 6060
Email: property@johnpye.co.uk
Our Ref: PR316

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