41A, B, C Oxford Street, Pontycymer, Bridgend

This property in Pontycymer presents a substantial investment opportunity, currently structured as three flats with the potential for conversion back into fully self-contained units, pending necessary permissions and renovations. The lower ground flat includes one bedroom, a living room, bathroom, and kitchen/diner, which connects to a two-tier rear garden. The ground floor offers flexible space that can be configured as either a lounge or additional bedroom, making it suitable for residential or commercial use in accordance with local regulations. Meanwhile, the first-floor flat boasts a large living area, one bedroom, and utility space that could be reconfigured into a two-bedroom layout for increased rental income potential. Each unit requires modernisation to fully realise its rental possibilities. Current configurations suggest approximate monthly rents of £650 for each one-bedroom unit and £725 if the upper flat is transformed into two bedrooms. This could yield a total rental income close to £2,025 per month (or £24,300 annually), creating an appealing project for investors looking to enhance value through refurbishment. With multiple access points and flexible layouts already in place, this property's renovation potential is substantial.