Lot 40 - 18 Penygraig Road, Tonypandy, Mid Glamorgan, CF40 1HA

  • Unconditional Online Auction Sale
  • Guide Price* : TBC
  • Bedrooms: 3
  • Bathrooms: 2

Addendum

Guide price TBC

Lot 40 - Residential Investment (block of three flats) - GUIDE PRICE TBC

Description

ONLINE AUCTION from 4th - 6th FEBRUARY
GUIDE PRICE TBC

A block of three flats with two let producing income and one sold off on a long lease.
The two tenants are well established and keen to stay long term.

The property is well managed and maintained and has had a new roof to front and rear and the building is fully UPVC double glazed and the two flats have gas central heating.

*Please note that the images uploaded were taken prior to the tenant moving in.

Accommodation

Ground Floor Entrance stairs to first floor
First Floor Flat 18c: Landing, Lounge, Kitchen, Beds 1 & 2 and Bathroom
Flat 18b: Entrance, Lounge, Bed 1, Kitchen and Wet Room /WC
Outside Rear yard with parking

Tenancies

18c: let at £5385.00 per annum
18b let at £4485.00 per annum
18a sold off on long lease with peppercorn ground rent

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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