Investment of two apartments in very good condition in the centre of Porthcawl with current rental income of £5,100 pcm (£61,200) inclusive of all bills, representing an initial gross yield of over 24% prior to expenses.
The properties are accessed via a communal door from John Street in the pedestrianised heart of Porthcawl. The accommodation to Flat A briefly comprises a generous entrance hall, living/kitchen/dining area, a spacious double bedroom and family bathroom. Flat B comprises an entrance hall, store, double bedroom, family bathroom and living/kitchen/dining area.
We are informed that the properties are used by the local authority for accommodation and the agreed rental at present is £85 per night per apartment inclusive of all bills. Please though consult the legal pack for further information and confirmation.
John Street is situated in the centre of Porthcawl and the apartments are in easy reach of all of the local amenities in the area.
GF - Communal entrance,
FF - Flat A - Hall, Kitchen/living/dining room, double bedroom, bathroom.
Flat B - Hall, Kitchen/living/dining room, double bedroom, bathroom, store.
Informed Leasehold – please refer to legal pack for verification of tenure
Viewing by appointment with Seel Auctions – www.seelauctions.co.uk
Buyer's Premium - 1.20% with a minimum of £1,200 (inc of VAT) payable on exchange of contracts. Please refer to the legal pack for any further disbursements to be paid by the purchaser on completion.
Each property sold is subject to a Reserve Price. 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. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction.
Auctioneers Office, Seel Auctions (029) 2037 0117
FOR SALE BY PUBLIC AUCTION on Tuesday, 24 March 2026 online via the Seel and Co website. Bidding will commence from midday on Monday, 23 March and conclude in order from Lot 1 at 4:00 pm on Tuesday, 24 March 2026
We've partnered with Watts Commercial Finance to offer a wide range of finance options from bridging loans to development finance.
Apply for Finance* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
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Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.
