2 bed block of flats for sale

31 Commercial Road, Resolven, Neath, West Glamorgan SA11

For sale by online auction - Lot 55 - A residential/commercial investment opportunity
Bidding opens: 27/08/2024 12:00
Auction scheduled to end: 29/08/2024 18:38

online auction from 27th august-29th August

A substantial building that comprises two refurbished and modernised self-contained flats and a retail unit. The property is situated in a prominent position within the village of Resolven which is ideally situated for access to the A470, M4 and the nearby town of Neath.

The flats have been refurbished to a high standard to include new kitchen and bathroom, UPVC double glazing and gas central heating (not tested). The retail unit would be ideal for a number of uses or potential conversion to residential (subject to any necessary planning consents).

Virtual tour

Please note no internal inspection has been carried out the flats prior to going to print however we are advised it comprises:
Flat 1: Ground floor, lounge/kitchen, bedroom and bathroom
Flat 2: First floor, landing, lounge, bedroom, kitchen, bathroom
Ground: Shop retail area, further retail area. Stairs to ff & Basement
Basement: Storage area and storage room
Top floor storage area, WC
Outside: Rear yard with parking for approximately 3/4 cars

Tenure:
Advised Freehold - to be verified by solicitor

Tenancies:
Flat 1 (31a) is let at £350 pcm £4,200 pa
Flat 2 (31b) is let at £300 pcm £3,600 pa
Shop was previously let at £525.00 pcm £6,300 pa
Overall income when fully let £14,100 (p/a)