The subject property is located on the eastern side of High Street in Cymmer, Porth, South Wales.
Porth is located on the A4058 and hosts a good range of local amenities including various supermarkets, shops bars and restaurants.
There are a number of local schools and leisure facilities within the area including a leisure centre and swimming pool.
In addition there is a mainline railway station providing easy access into central Cardiff within 40 minutes.
This 2 bedroom cottage is entered from the street. To the ground floor is a large lounge with kitchen diner to the rear. Upstairs hosts two good sized bedrooms and a family bathroom.
Total 74m2 796ft2
We understand the property is connected to mains gas, electricity, water and drainage.
The property is freehold
Following a scheme of modernisation at a cost of £10,000 it is envisaged a rental income of £4,800 pa can be achieved. Based on a purchase price of £37,000 this represents a gross yield of 10.21%. In addition there is excellent potential for good capital growth.
The property is rated in Council Tax Band A Council Tax payable (2016/2017) is £1026.02 p.a.
THE PROPERTY HAS NOT BEEN MEASURED AND ALL PHOTOGRAPHS HAVE BEEN PROVIDED BY A THIRD PARTY
To view this property, please contact John Pye Property – firstname.lastname@example.org – 0115 970 6060
85 High Street
✓ Two bedroom cottage
✓ Desirable area
✓ In need of refurbishment
✓ Potential to add good capital value
✓ Potential gross yield of 10.21%
✓ Good transport links
Phone: 0115 970 6060
Our Ref: PR314