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Broad Street, Barry CF62 4 bed terraced house for sale
Broad Street, Barry CF62
£269,000
Broad Street, Barry CF62
£269,000
Our Summary
- FOR SALE BY PUBLIC AUCTION: The auction will take place online on 10th June 2025 at 04:18 PM with registration through our website
- 0% with scope for further income streams with a vacant basement which could be used for a variety of uses and improved rents upon review
- Located in the charming town of Barry, this four-storey commercial property presents a lucrative investment opportunity not to be overlooked
- The building boasting a total of 4 bedrooms and 3 bathrooms, this property offers a generous 4109 sqft of space in reasonable condition with some modernisation required
- The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, will be within + or - 10% of the Guide Price
- Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction
Description
A spacious four-storey mixed-use investment property is up for sale by public auction in Barry, Wales. The property comprises three occupied flats, a detached coach house, and a vacant basement, offering a total of 4,109 square feet of space. The current informed rents total £1,875 per calendar month, generating an initial net yield of 7.5%. The property has scope for further income streams, with the vacant basement offering potential for various uses. The building is in reasonable condition, with some modernization required. The property is located in a popular area of Barry, close to local shops, restaurants, and amenities, with excellent transport links to neighboring areas and Cardiff. The auction is scheduled to take place online on June 10th, 2025, at 4:18 PM, with registration available through the auctioneer's website.