Lot 60 - 8C High Street, Cinderford, Gloucestershire, GL14 2SH

  • Unconditional Online Auction Sale
  • Guide Price* : £49,000+
  • Bedrooms: 2

Lot 60 - Residential Investment

Description

ONLINE AUCTION from 12th DECEMBER - 14th DECEMBER

A spacious two bedroom apartment situated in the centre of the town of Cinderford in the Forest of Dean. The property is sold with an established tenant who is keen to remain.

The town benefits from an excellent range of amenities and shops including supermarkets Sports and leisure centre and schools at both primary and senior level. The delights of the Forest of Dean are on the doorstep and there are good road links to the M4 for the cities of Cardiff and Bristol and to the Gloucester & Cheltenham.

The apartment benefits from UPVC double glazing and gas central heating (not tested).

Accommodation

Ground Floor: Entrance door with stairs leading to
First Floor: Hallway, lounge, kitchen, 2 bedrooms, bathroom
Outside: Communal parking area

Council Tax Band

A

Lease Duration

57 years ( years unexpired)

Tenancies

The property is let at £448.76 per month

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 Leasehold (to be verified by solicitor - please refer to legal pack for details of option to extend for £12,000)

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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Paul Fosh Auctions
01633 254044

Joint Agent

KJT, 01594 833 333

Office Contact

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