Lot 36 - 3 Flax Court, Penarth, CF64 2RJ

  • Unconditional Online Auction Sale
  • Guide Price* : £100,000+
  • Bedrooms: 2

Lot 36 - Flat for Investment

Description

ONLINE AUCTION from 24th JUNE-26th JUNE

A two bedroom ground floor flat situated in a popular location.

The property would be ideal for buy to let investment. Typically a two bedroom flat could achieve in the region of £900 - £1000 per calendar month.

The property offers lounge, fitted kitchen, two double bedrooms and bathroom. To the rear the property boasts a low maintenance sizeable rear enclosed garden and a garage.

The flat is situated close to link roads leading to the M4 corridor, Cardiff Bay, Penarth town centre and train station.

Penarth town offers stunning listed buildings and structures of special local and historic interest that contributes to the environment and cultural heritage of Penarth. As well as shopping you can find plenty of outdoor areas such as the beach, Esplanade, Clifftops, railway path and Cosmeston Lakes and country Park. Penarth lies approximately four miles from Cardiff city centre thanks to the excellent transport links by rail and by bus.

VIRTUAL TOUR

Accommodation

Ground Floor: Entrance, lounge, kitchen, bathroom, 2 bedrooms
Outside: Enclosed rear garden, garage (in block)

Lease Start Date

25/02/1970

Lease Duration

99 years (43 years unexpired)

Tenancies

To be sold with vacant possession

Tenure

Advised Leasehold - to be verified by solicitor
Approx. 44 years left on lease TBC

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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Paul Fosh Auctions, 01633 254 044

Office Contact

Gemma Vaughan

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.

If considering a mortgage, we advise that you inspect and consider the property carefully with your lender before bidding.

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