Guide price
£95,000
3 bed semi-detached house for saleCefn Glas Road, Bridgend CF31
3 beds
1 bath
2 receptions
EPC Rating: D
Auction
Freehold
About this property
Set up as HMO since 2004
Potential for strong rental income
In need of updating – scope to add value
New eicr & Gas Safe certificates in place
Sought-after location with good transport links
Close to local schools and shops
A fantastic investment opportunity! This substantial property has been set up and operated as a House in Multiple Occupation (HMO) since 2004, offering excellent rental potential.
Currently 3 tenants in situ residing. The property is in need of general modernisation and updating, giving the successful purchaser the chance to add value and tailor the property to their requirements. Importantly, it already benefits from an interconnected mains smoke alarm, fire doors, a new eicr (Electrical Installation Condition Report) and a current Gas Safe compliance certificate, giving peace of mind on the essentials.
Situated in a popular residential area with easy access to Bridgend town centre, local amenities, and transport links, this property represents a bargain with huge potential for investors, developers, or those seeking to expand their rental portfolio.
Buyers Premium
* Plus 5% Buyers Premium + VAT
Pre Auction Offers Are Considered.
The seller of this property may consider a pre-auction offer prior to the auction date. All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer’s Premium, and the deposit. To make a pre-auction offer we will require two forms of id, proof of your ability to purchase the property and complete our auction registration processes online. To find out more information or to make a pre-auction offer please contact us.
Special Conditions
Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the ‘legal documents’. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.
Currently 3 tenants in situ residing. The property is in need of general modernisation and updating, giving the successful purchaser the chance to add value and tailor the property to their requirements. Importantly, it already benefits from an interconnected mains smoke alarm, fire doors, a new eicr (Electrical Installation Condition Report) and a current Gas Safe compliance certificate, giving peace of mind on the essentials.
Situated in a popular residential area with easy access to Bridgend town centre, local amenities, and transport links, this property represents a bargain with huge potential for investors, developers, or those seeking to expand their rental portfolio.
Buyers Premium
* Plus 5% Buyers Premium + VAT
Pre Auction Offers Are Considered.
The seller of this property may consider a pre-auction offer prior to the auction date. All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer’s Premium, and the deposit. To make a pre-auction offer we will require two forms of id, proof of your ability to purchase the property and complete our auction registration processes online. To find out more information or to make a pre-auction offer please contact us.
Special Conditions
Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the ‘legal documents’. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.
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