Lot 46 - Flat 3 & 4 Canberra House, New Road, Coalway, Coleford, Gloucestershire, GL16 7JA
- Unconditional Online Auction Sale
- Guide Price* : £93,000+
- Bedrooms: 2
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Lot 46 - Two Flats for Occupation/Investment
Description
ONLINE AUCTION from 4th FEBRUARY-6th FEBRUARY
A single storey building comprising two self-contained flats. The property is fully tenanted and is achieving a combined rental income of £920 per a month.
Situated in the Forest of Dean, Canberra House on New Road in Coalway is within close proximity local amenities. Coalway and nearby Coleford offer a range of shops, cafes, schools, and essential services.
There are convenient road connections to Gloucester, Monmouth, and Chepstow, the property is well-positioned for commuting. Additionally, nearby attractions include Puzzlewood, Clearwell Caves, and the historic Tintern Abbey.
Services
The property benefits from gas, water & Electric (not tested).
VAT
We have been advised that there is no VAT due on the sale of this property.
Accommodation
Ground Floor Flat 3: Accessed to the rear of the property, kitchen, living room, bathroom, bedroom
Ground Floor Flat 4: Accessed to the rear of the property, kitchen, living room, bathroom, 2 bedrooms
Council Tax Band
A
Tenancies
Flat 3: Currently achieving a monthly rental income of £460 per a month.
Flat 4: Currently achieving a monthly rental income of £460 per a 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 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 1.5% of the purchase price (subject to a minimum of £1,500) 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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Documents
- Terms and Conditions for Unconditional and Conditional Online Auctions
- Reservation Fees & Deposits Explained
- Buyers Guide for Unconditional Auctions
- Sellers Guide for Unconditional Auctions
- Guide to Buying at Auction
Legal Documents
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Auction Finance
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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