16 Gelliwastad Road, Pontypridd, Mid... Block of apartments for sale

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16 Gelliwastad Road, Pontypridd, Mid... Block of apartments for sale

16 Gelliwastad Road, Pontypridd, Mid Glamorgan, CF37 2BW
£175,000

Our Summary

  • FOR SALE BY AUCTION - -Lot 78 - PLANNING PERMISSION FOR 4 FLATS ONLINE AUCTION from 29th JULY-21st JULYA substantial three storey semi detached property which has planning for conversion into 4 flats (planning reference 22/1466/FUL)
  • The property could also be ideal for HMO purposes (subject to any relevant consents)Typically two bedrooms flats in the area could achieve in the region of £800-900 per calendar month
  • The potential annual income could be in the region of £43,000

Description

This substantial three-storey semi-detached property in Rhondda Cynon Taff has planning permission to convert into four flats, offering a potential annual income of £43,000. The property, which was formerly offices, currently has a mix of office spaces, kitchen areas, and storage rooms across its three floors. With gas central heating and parking spaces to the rear, it's located in a prominent main road location surrounded by professional occupiers, with bus and train stations, shops, restaurants, and banks nearby. The area benefits from excellent transport links, strong local demand for rental accommodation, and proximity to local amenities, making it an attractive investment opportunity.