Lot 12 - 17 Ferry Road (Block of 4 flats), Cardiff, South Glamorgan, CF11 7DW

  • Unconditional Online Auction Sale
  • Guide Price* : £340,000+
  • Bedrooms: 5

Addendum

New guide price
Please note the rental income is £3,800 pcm £45,600 per annum)

Lot 12 - Residential investment

Description

ONLINE AUCTION from 3rd OCTOBER - 5th OCTOBER

A substantial bay fronted building with four spacious flats. The property is fully let and has been managed and maintained by the same family for many years with good occupancy levels.

The flats all benefit from attractive fitted kitchens with appliances and modern bathroom suites and the property is fully UPVC double glazed.

The property is situated in a popular residential location overlooking the marl park and gardens and is convenient for Cardiff Bay and the nearby retail parks and has excellent transport links to both Cardiff city centre and the M4.

Virtual Tour:

Accommodation

Block Floor Description
Ground Communal entrance to flats 1 & 2.
Ground Flat 1 - Entrance stairs to, lounge/kitchen, bathroom, bedroom
Ground Flat 2 - Entrance, lounge/kitchen, bedroom, bathroom
Lower ground Communal entrance to flats 3 & 4
Lower ground Flat 3 - Entrance, lounge/kitchen, bathroom, stairs to bedroom
Lower ground Flat 4 - Entrance, kitchen/lounge, 2 bedrooms, bathroom
Outside Enclosed Rear Garden

Tenancies

The flats are fully let at £3,800 pcm (£45,600p/a)

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.

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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