8 bed flat

The property is a block of four two-bedroom apartments in an established residential building in Port Talbot. The flats are situated on the first and second floors, are front-facing, and benefit from uPVC double glazed windows throughout. The building features a security door intercom system, fully serviced communal areas, and allocated parking to the rear. The property is held on a long lease of approximately 999 years. Each apartment is currently tenanted, providing an immediate income stream, and is earning informed rents totaling approximately £34,800 per annum, representing a gross yield of circa 15.8%. Each flat also has an approximate service charge of £430 per annum.