Lot 80 - 11 River Street, Ystrad, Pentre, Mid Glamorgan, CF41 7RA

  • Unconditional Online Auction Sale
  • Guide Price* : £55,000+
  • Bedrooms: 3

Lot 80 - Residential Investment

Description

ONLINE AUCTION from 5th NOVEMBER-7th NOVEMBER

A three bed terrace property with tenant in situ. This property is currently tenanted and is achieving a rental of £500pcm, we have been informed that the tenant pays their rent on time.

The property briefly comprises of a lounge/diner, kitchen, three bedrooms and a bathroom.

Location:
Situated in a primarily residential area of Ystrad this property is ideally located approximately a two minute walk from Ystrad Rhondda train station. The property is situated within close proximity to local amenities such as schools, shops and GP surgeries.

Services
Gas, water and electric (not tested).

VAT
We have been advised that no VAT  due on the sale of this property.

Tenancy

Tenant Tenancy Type Start Date / End Date Tenancy Term Rental Amount
Tenant Occupational Contract 25th August 2020 Periodic £500 PCM

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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