Lot 16 - 23 & 23a Edward Street, Griffithstown, Pontypool, NP4 5HD

  • Unconditional Online Auction Sale
  • Guide Price* : £100,000+
  • Bedrooms: 2

Lot 16 - Flats for Investment

Description

ONLINE AUCTION from 18th JUNE-20th JUNE

A bay fronted freehold property arranged as a one bedroom ground floor flat and a two bedroom first floor flat.

To the ground floor the property comprises lounge, bedroom bathroom and kitchen. There is also a rear courtyard style garden area. The first floor offers lounge, dining room/bedroom 1, kitchen and bathroom. To the top floor there is a loft room/bedroom 2. The rear benefits from a hardstand for one car.

Both flats benefit from double glazed windows and gas central heating provided by a combination boiler (not tested).

The flats are currently occupied with long term tenants who have expressed they would like to remain.

Located in Griffithstown and within walking distance to schools, shops and local takeaways etc. There is easy access to Cwmbran and Pontypool town centres, and all the amenities both towns have to offer as well as good road, bus and rail networks and only around a 15 minute drive to the M4.

Accommodation

Ground Floor Flat 1: Communal hallway, lounge, bedroom, bathroom, kitchen
First Floor Flat 2: Lounge, kitchen, dining room/bedroom 1, loft room/ bedroom 2
Outside: Courtyard style garden and hardstanding

Council Tax Band

A

Tenancies

Ground floor currently let at £395 pcm
First floor currently let at £400 pcm
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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