Lot 22 - 18 Parkfield Place, Cardiff, South Glamorgan, CF14 3AR

  • Unconditional Online Auction Sale
  • Guide Price* : £318,000+
  • Bedrooms: 4
  • Bathrooms: 4

Lot 22 - Residential Investment

Description

ONLINE AUCTION from 29th JULY-31st JULY 2025

An opportunity to acquire a block of four flats situated in a convenient position for Cardiff city centre and good road links to the M4. The property will be sold with three flats let and one vacant, however, there has historically been a high demand for rental properties in this area.

The flats benefit from UPVC double glazed windows and gas central heating (not tested) and have fitted kitchens and bathrooms.

VIRTUAL TOUR:

Accommodation

Ground Floor Communal Entrance
Flat 1 Lounge/kitchen Bedroom 1 & 2 Bathroom
Flat 2 Lounge/kitchen Bedroom Bathroom
Flat 3 Lounge/Kitchen bedroom bathroom

Separate access
Flat 4 Lounge/kitchen Bedroom Bathroom
Outside Storage unit / studio

Council Tax Band

B

Tenancies

Flat 1 £900 pcm
Flat 2 £1,200 pcm
Flat 3 £1,200 pcm
Flat 4 £900 pcm
Income for all Flats £4,200 pcm / £50,400 per annum (when fully let)

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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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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