Lot 41 - Brynithon, Ithon Road, Llandrindod Wells, Powys, LD1 6AS

  • Unconditional Online Auction Sale
  • Guide Price* : £250,000+
  • Bedrooms: 14

Lot 41 - Residential Investment

Description

ONLINE AUCTION from 3rd OCTOBER-5th OCTOBER

Large semi detached Victorian building dating from the 1890’s comprising 7 flats and 1 bed cottage with court yard and private garden to the front of the building for Flat 1.

The property is situated in the heart of the historic spa town of Llandrindod Wells close to local amenities shops and transport links.

Accommodation

Block Floor Description
Ground Flat 1 - Large lounge, bathroom, kitchen 2 bedrooms side access and private garden E 7 Heating
Ground Flat 2 - Lounge, shower room, 1 Bedroom, kitchen, utility and court yard. E 7 Heating.
First Flat 3 - Lounge, kitchen, bathroom, 3 bedrooms, gas central heating.
First Flat 4 - Lounge/kitchen,bathroom, bedroom, gas central heating
First 2 further rooms offering potential
Second Flat 5 - Lounge, kitchen bathroom, 3 bedrooms electric panel heaters
Second Flat 6 - Lounge/bedroom, shower room, kitchen, e 7 heating.
Second Flat 7 - Large landing with lantern lite over, kitchen, lounge, bathroom, 3 bedrooms
Cottage Potential, Lounge, kitchen, bathroom, 1 bedroom, access to court yard currently used as a store.
Income presently £17,000 - Potential £46,000 after refurb

Tenancies

Income presently £17,000 p/a

Potential £46,000 after refurbishment

Tenure

Advised Leasehold - 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 1.2% of the purchase price (subject to a minimum of £1,200) 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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Gwalia Properties, 01597 825644

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