Semi-detached house for sale in Morfa Street, Bridgend, Bridgend County. CF31

Fantastic income producing opportunity - Currently fully let as 4 studios and a one bedroom self contained apartment. Gross yield of over 14% (net circa 11%). Walking distance of Bridgend town centre. Close to local primary school and transport networks. No onward chain.
Ideal investment property. Fully let.

Rear Entrance

Entrance to the ground floor self contained apartment via part frosted glazed PVCu door from the rear garden into the kitchen/breakfast room.

Kitchen-Breakfast Room (3.30m x 2.60m (10' 10" x 8' 6"))

Overlooking the front via PVCu double glazed window and finished with emulsioned ceiling with central spot lights, access to loft storage, emulsioned walls, skirting and laminate flooring. A range of low level and wall mounted kitchen units with a complementary roll top work surface and ceramic tiles to the splash back. Inset sink with mixer tap and drainer, integrated electric oven with four gas ring hob and overhead extractor hood. Washing machine (to remain) wall mounted gas fired combination boiler, fitted breakfast bar and space for fridge/freezer. Doorway through into the shower room and a step up into the lounge.

Shower Room

Frosted glazed PVCu window to the rear, ceiling mounted extractor, papered walls, radiator and vinyl flooring. Three piece suite comprising low level w.c. Wall mounted wash hand basin and separate shower cubicle with wall mounted electric shower, ceramic tiles to all splash backs and shower curtain.

Lounge (3.40m x 4.20m (11' 2" x 13' 9"))

PVCu double glazed window overlooking the side, emulsioned ceiling with recessed LED spot lights, emulsioned walls, skirting and fitted carpet. Step up to the bedroom.

Bedroom (3.70m x 4.00m (12' 2" x 13' 1"))

PVCu double glazed window to the side, emulsioned ceiling, papered and emulsioned walls, skirting and fitted carpet. Two fitted storage cupboards into the chimney breast alcoves.

Outside

Enclosed rear garden laid to lawn with patio area and side gated access back to the front of the property.

Entrance

Main entrance to studio apartments is via hardwood door into the entrance hallway. Stairs to the first floor with under stairs storage cupboard and door into flat 1.

Flat 1 (4.0m x 3.60m (13' 1" x 11' 10"))

PVCu double glazed bay window to the front. Papered walls and fitted carpet.

En-Suite Shower Room

Three piece suite featuring wc, wash hand basin and shower cubicle.

Landing

Via stairs with fitted carpet and wooden balustrade.

Flat 2 (4.0m x 3.60m (13' 1" x 11' 10"))

Overlooking the front of the property via PVCu double glazed window and finished with papered and emulsioned walls, skirting and fitted carpet. Inset sink with mixer tap and drainer with storage below. Wall mounted and low level kitchen units with space for low level fridge. Separate bathroom opposite on the same floor.

Second Floor

Stairs with fitted carpet to the second floor. Doors to flats 3 and 4.

Flat 3 (4.0m x 4.50m (13' 1" x 14' 9"))

PVCu double glazed window overlooking the front of the property, papered and emulsioned walls, skirting and fitted carpet. Built in one and half basin sink with mixer tap, drainer and storage below. Low level and wall mounted kitchen units with space for under counter fridge. Feature fireplace. Separate bathroom on the first floor.

Flat 4 (3.90m x 3.70m (12' 10" x 12' 2"))

PVCu double glazed window to the rear, papered and emulsioned walls, skirting and fitted carpet. Low level and wall mounted kitchen units with inset sink, mixer tap and drainer. Feature fireplace. Doorway through to the en suite.

En Suite

Three piece suite comprising shower cubicle w.c. And wall mounted wash hand basin.

Note

We have been advised by the vendor that the property is leasehold, however title deeds have not been inspected.
Lease Term: 999 yrs from 2nd August 1895
Lease start Date: 23rd October 1895
Lease End Date: 2nd August 2894.
Years remaining: 871.