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ONLINE AUCTION from 5th NOVEMBER-7th NOVEMBER
This property is briefly comprised of a first floor flat and a ground and lower ground maisonette.
The ground floor and lower ground floor is currently a two-bedroom maisonette with a rear garden. The top floor is a one bedroom flat and is currently let to a long term tenant.
Location
Situated on the main thoroughfare through the village of Pentre. This property is ideally located in a primarily residential area and is approximately a 10-minute walk to the closest supermarket (Lidl). The property is situated on the main bus route through the area and is approximately a 5-minute drive from Treorchy Train station which provides access to Swansea, Cardiff and Newport.
Maisonette
The maisonette comprises of a large lounge with carpet to floor and two double bedrooms with carpet to floor all located on the ground floor.
To the lower ground floor there is a large open plan kitchen/diner with carpet to floor and a bathroom with ceramic tile effect cushioned flooring, ceramic tiles to walls and a shower over bath. There is also a rear garden with the maisonette.
The maisonette is to be sold with vacant possession and will require slight renovation.
Flat
The one-bedroom flat consists of a lounge/kitchen which opens to a balcony area. There is also a double bedroom with carpet to floor and a separate bathroom with ceramic tile effect cushioned flooring, ceramic tiles to walls and a shower over bath.
The flat is currently tenanted and is achieving a monthly rental of £450pcm.
Services
Gas, water and electric (not tested).
VAT
We have been advised that no VAT.
Floor | Description | Rent |
---|---|---|
Maisonette | GF - Living room, 2 bedrooms. Lower GF Kitchen/diner, bathroom | Vacant |
Flat | FF - Lounge/kitchen, bedroom, bathroom | £450 pcm (Occupational Contract) |
Tenant | Tenancy Type | Start Date / End Date | Tenancy Term | Rental Amount |
---|---|---|---|---|
126a | Occupational Contract | 6th May 2021 | Periodic Occupation Contract | £450 pcm |
126b | Vacant | Vacant | Vacant | Vacant |
The flat is currently Let at £450 pcm.
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.
As a trusted partner of Paul Fosh Auctions, Together could offer the auction finance you need, when you need it. Visit togethermoney.com for more information.
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