Lot 46 - Elderbush Inn, 57 High Street, Nantyffyllon, Maesteg, Mid Glamorgan, CF34 0BS

Description

ONLINE AUCTION from 3rd February - 5th February 2026

Previously run as a public house, there is now Full Planning Permission to convert into a 12 bed/12 en-suite HMO with the addition of a third storey. The current accommodation over two floors consists of bar and lounge areas, utility room, kitchen/dining area, mens and womens toilets, storage areas, 4 bedrooms, bathroom, w.c. cellar with two rooms and outside courtyard with shed area and rear lane access.

The plans include accommodation over 3 floors (loft conversion) communal lounge/dining room, 2 kitchens, 2 bathrooms, 12 rooms with 12 en-suites, laundry room and bike store along with parking for 5 cars and roof top (carport) communal garden. The property is to be sold with vacant possession. The Vendor informs us that each room will let at approximately £600 pcm (£7,200 pcm) with an annual income of approximately £86,400. The Vendor also informs us that she costed the conversion at approximately £261,000 ( see cost plan in legal pack document 210325_SLA_ELDBUSH_DRAFT) with a Gross Development Value estimated at approximately £581,000.

Nantyffyllon is a village in Maesteg which lies at the northernmost end of the Llynfi Valley, close to the border with Neath Port Talbot. Maesteg has three railway stations with direct access to Cardiff Central via Bridgend. The services usually continues on to Cheltenham Spa via Newport and Gloucester with one early morning service to Ebbw Vale town.

Accommodation

Ground Floor Hallway, lounge/dining room, kitchen 1, 4 rooms/en-suites, bike store

First Floor 7 rooms/en-suites, communal bathroom

Second Floor storey (loft conversion) Open plan kitchen 2 /dining/ lounge area, communal bathroom, 1 room/en-suite, communal bathroom

Lower ground floor Cellar - Laundry room

Outside Rear car park area for 5 cars, Carport roof terrace - communal garden area

Tenancies

Planning Planning permission has been granted to convert existing pub in to a 12 bedroom house in Multiple Occupation (HMO)

Planning ref P/24/45/FULL

Local Authority Bridgend County Borough Council

INVESTORS: If you are looking for assistance in tenant find and/or management packages, information on rental income/interest potential we have a Lettings Department that can help you. Please call us or email sarah@paulfoshlettings.com for invaluable advice.

Tenure

Advised Freehold - to be verified by solicitor

Auction Fees And Additional Costs

Auction fees: The sale of each lot is subject to a buyer’s premium/admin fee of 1.5% of the purchase price (subject to a minimum of £1,500 for sale prices between £1 and £50,000 or subject to a minimum of £2,400 for sale prices of £50,001 upwards) including VAT unless otherwise stated.

Additional costs: The purchase of the property may be subject to (but are not limited to), VAT (if applicable), reimbursement of the seller’s search fees, reimbursement of seller’s legal and/or sales costs, stamp duty/land transaction tax (LTT). Please check accompanying legal pack for further details.