Swan Road, Baglan SA12 16 bed detached house for sale

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Swan Road, Baglan SA12 16 bed detached house for sale

Glyndwr House, Swan Road, Baglan, SA12 8LA
£500,000

Our Summary

  • FOR SALE BY PUBLIC AUCTION: The auction will take place online on 10th June 2025 at 04:45 PM with registration through our website
  • 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

This freehold building consists of eight self-contained two-bedroom flats located in the sought-after Baglan area, just off the A48 and M4 corridor. The flats have an annual income of £55,600, representing an initial gross yield of around 11%. The building is made up of two floors, with six apartments accessed via a communal door and two with their own separate entrances. Each apartment has uPVC double glazing and is in reasonable condition internally, with features such as entrance hallways, living rooms, fitted kitchens, two bedrooms, and bathrooms. The flats are individually metered for electricity and have their own council tax and EPC. The property is being sold by public auction online on June 10th, 2025, with a buyer's premium of 1.2% payable on exchange of contracts.