Lot 44 - 81 King Street, Cwm, Ebbw Vale, Gwent, NP23 7SQ

  • Unconditional Online Auction Sale
  • Guide Price* : £69,000+
  • Bedrooms: 3

Lot 44 - House for Owner Occupation/Investment

Description

ONLINE AUCTION from 3rd OCTOBER-5th OCTOBER

A 3 bed HMO terraced house situated in Cwm, within 2.5 miles of Ebbw Vale train station. The property includes in addition to three bedrooms, communal lounge, kitchen, bathroom and cloakroom. Outside there is a rear courtyard with gated rear lane access. The property is currently tenanted at £1,200 pcm, all three tenants would very much like to stay.

Cwm is situated in the Ebbw Vale area of Blaenau Gwent, South Wales. Surrounding towns include Brynmawr, Ebbw Vale, Abertillery, Blaina, Tredegar, Rhymney, and Merthyr Tydfil. The village is located halfway along the A4046 from Beaufort to Aberbeeg. It comprises a small village centre together with the outlying community of Waunlwyd and Victoria.

Virtual Tour:

Accommodation

Ground Floor: 1 bedroom, communal lounge, communal kitchen, cloakroom
First Floor: 2 bedrooms, communal bathroom
Outside: Rear courtyard with lane access

Tenancies

To be sold with tenants in situ - Rental £1,200 pcm (3 x £400) £14,400 per annum

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 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 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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