Lot 21 - 36 Queens Road, Elliot's Town, New Tredegar, NP24 6NN
- Unconditional Online Auction Sale
- Guide Price* : £59,000+
- Bedrooms: 2
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Lot 21 - Flats for Investment
Description
ONLINE AUCTION from 29th AUGUST-31st AUGUST
A sizeable end terrace property currently arranged as two flats. To the ground floor the property offers a one bedroom flat currently occupied and achieving £400 per calendar month (rent due to be increased in September 2023).
The top floor offers a spacious two bedroom flat benefitting from double glazed windows and gas central heating provided by a combination boiler (untested)
The current vendor has enjoyed good occupancy levels and we anticipate the top floor flat could achieve in the region of £500 per calendar month. The total potential income could be in excess of £10,000 PA making the property ideal for investment.
The property is located in a popular location close to local amenities, schools and the train station which offers direct lines to Cardiff City.
Accommodation
Ground Floor (uninspected): One bedroom, kitchen, bathroom, lounge
First Floor: Entrance, lounge, bathroom, kitchen, two bedrooms
Council Tax Band
A
Tenancies
The Ground Floor is currently occupied at £320pcm (due for rent increase in September 2023 to £400pcm)
The First Floor is to be sold with vacant possession
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 of 1.5% of the purchase price (subject to a minimum of £1,500) 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.
* 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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Bidding History 31 Bids
| User | Amount | Date |
|---|---|---|
| Bidder 8 | £84,000 | 31/08/23 17:39:54 |
| Bidder 5 | £83,000 | 31/08/23 17:38:58 |
| Bidder 8 | £82,000 | 31/08/23 17:38:54 |
| Bidder 5 | 31/08/23 17:38:54 | |
| Bidder 8 | £81,000 | 31/08/23 17:38:33 |
| Bidder 5 | 31/08/23 17:38:33 | |
| Bidder 8 | £79,000 | 31/08/23 17:38:30 |
| Bidder 5 | 31/08/23 17:38:30 | |
| Bidder 8 | £77,000 | 31/08/23 17:37:09 |
| Bidder 5 | £76,000 | 31/08/23 17:36:33 |
| Bidder 8 | £75,000 | 31/08/23 17:36:12 |
| Bidder 5 | 31/08/23 17:36:12 | |
| Bidder 8 | £74,000 | 31/08/23 17:35:46 |
| Bidder 5 | 31/08/23 17:35:46 | |
| Bidder 8 | £72,000 | 31/08/23 17:35:43 |
| Bidder 5 | 31/08/23 17:35:43 | |
| Bidder 8 | £70,000 | 31/08/23 17:35:34 |
| Bidder 5 | £69,000 | 31/08/23 17:34:26 |
| Bidder 6 | £68,000 | 31/08/23 17:20:44 |
| Bidder 7 | £67,000 | 31/08/23 17:18:01 |
| Bidder 6 | £66,000 | 31/08/23 17:11:50 |
| Bidder 7 | £65,000 | 31/08/23 17:07:31 |
| Bidder 6 | £64,000 | 31/08/23 17:05:42 |
| Bidder 5 | £62,000 | 31/08/23 17:05:19 |
| Bidder 3 | £61,000 | 31/08/23 17:04:52 |
| Bidder 4 | £60,000 | 31/08/23 17:03:21 |
| Bidder 3 | £59,000 | 31/08/23 17:02:21 |
| Bidder 4 | £58,000 | 31/08/23 17:00:17 |
| Bidder 3 | £57,000 | 31/08/23 16:46:52 |
| Bidder 2 | £56,000 | 31/08/23 12:22:19 |
| Bidder 1 | £55,000 | 30/08/23 22:35:48 |
Viewing Information
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In the event of cancellation or amendment, we may contact you with updates. If you do not register but you travel to a viewing, you do so at your own risk.
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Office Contact
Documents
- Terms and Conditions for Unconditional and Conditional Online Auctions
- Reservation Fees & Deposits Explained
- Buyers Guide for Unconditional Auctions
- Sellers Guide for Unconditional Auctions
- Guide to Buying at Auction
Related Documents
Auction Finance
As a trusted partner of Paul Fosh Auctions, Together could offer the auction finance you need, when you need it. Visit togethermoney.com for more information.
If considering a mortgage, we advise that you inspect and consider the property carefully with your lender before bidding.
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