Flats 5, 8, 9 and 12 Trinity House, Tydraw Street, Port Talbot, SA131BR
Seel & CoSeel & Co., established in 1898, is a leading independent property specialist in Cardiff and South Wales. Known for its modern approach rooted in traditional values, the family-run business offers a comprehensive range of services for buyers, sellers, landlords, and more. They are passionate about challenging the norms in property services like auctions and lettings.
Read more Read moreA portfolio of four fully let two-bedroom apartments is available for acquisition in an established residential building in Port Talbot, generating informed rents totaling approximately £34,800 per annum, which represents an initial gross yield of around 15.8%. The apartments are located on the first and second floors and are currently tenanted, providing an immediate income stream. The building is maintained in good condition and features uPVC double glazed windows, a security door intercom system, fully serviced communal areas, and allocated parking at the rear. Each apartment is held on a long lease of approximately 999 years, and there is an approximate service charge of £430 per annum for maintenance and insurance. The property is situated within a short distance of the town centre and offers convenient access to commuter links and the M4.
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