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ONLINE AUCTION from 3rd OCTOBER-5th OCTOBER
An opportunity to acquire a block of two self contained flats in the wonderful semi rural village of Mardy which lies just north of the bustling market town of Abergavenny. The flats will be sold with well established tenants who are keen to remain long term.
The flats benefit from UPVC double glazing and have economy 7 storage heating. Externally there is a wonderful rear garden and parking for two vehicles. The property may offer long term potential to extend or convert to one family dwelling (subject to necessary planning consent).
Ground Floor: Communal entrance - Lounge, bedroom, kitchen, bathroom
First Floor: Entrance, lounge, kitchen, 2 bedrooms, bathroom
Outside: Forecourt, side area with parking leading to a wonderful rear garden
Flat 1 let at £450 pcm with scope to uplift in April 2024 (10%).
Flat 2 let at £450 pcm with scope to uplift in April 2024 (10%).
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 on 01633 746800 or email firstname.lastname@example.org for invaluable advice.
Advised Freehold - to be verified by solicitor
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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