Lot 37 - 3 Gloucester Street, Cardiff, CF11 6EL

  • Unconditional Online Auction Sale
  • Guide Price* : £118,000+
  • Bedrooms: 2

Lot 37 - House for Investment

Description

ONLINE AUCTION from 10th - 12th December 2024

A mid terrace property a short distance away from the bustling shops/restaurants of Cardiff. We have not yet been able to inspect the property but the vendor informs us that there are two receptions, kitchen, two bedrooms, a bathroom and a rear garden. The property is currently let, similar properties in the area which are in good order are achieving a rental income of approximately £1,300 pcm. 

Cardiff is the capital and largest city of Wales. It belongs to the Eurocities network of the largest European cities. Cardiff is the main commercial centre of Wales as well as the base for the Senedd, the Welsh Parliament. 

Please Note: No viewings, tenant will not provide access. We have been informed by the Vendor that the Tenant in situ, since 2005 with no Tenancy contract, has not paid rent during this period. Refer to legal pack.

Accommodation

Ground Floor: 2 reception rooms, kitchen
First Floor: 2 bedrooms, bathroom
Outside: Rear garden

Council Tax Band

D

Tenancies

To be sold with tenant in situ

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 or email lettings@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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