Lot 9 - Cleddau View Merlins Terrace, Haverfordwest, Pembrokeshire, SA61 1PH
- Unconditional Online Auction Sale
- Guide Price* : £5,000+
- Bedrooms: 4
- Bathrooms: 1
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Lot 9 - House for Homeowner Occupation/Investment
Description
ONLINE AUCTION from 16th DECEMBER-18th DECEMBER
End terrace building arranged over lower ground, ground, first floors requiring modernisation. The building compromises of four bedrooms, a rear garden and a quaint setting just off the market town of Haverfordwest.
The property lends itself to many opportunities. There would be the option to refurbish and re-sell on to the open market. Most stock that has sold recently has been comparable as a 3 bedroom with Cleddau view being a four bedroom.
If The Cleddau View could be refurbished back to a high standard local demand for a high quality refurbished property would be high to local families or investors.
Another option on Cleddau View, would be to renovate to a high standard and rent out on the holiday market. Again, being a four bedroom with its central location in Pembrokeshire, a 4 bedroom property will be in high demand and can be rented out via many expert Holiday Agents to maximise your returns. If renovated to a high standard you could potentially achieve an approximate gross rental of £48,000 per annum, if open to accepting pets and being able to offer a hot tub in the rear garden also.
Alternatively, the property could be rented out on the open market as a long term let, we anticipate a rental value of £1,500-£1,600 per calendar month.
If Cleddau View could be refurbished back to a high standard, local demand for a high quality refurbished property would be high to local families or investors.
The property being refurbished could be let as a holiday let to benefit from the local pembrokeshire beaches and local attractions. A four bedroom property rented as a holiday let renovated to a high standard would achieve a gross rental of 48k per annum, if open to accepting pets and being able to offer a hot tub in the rear garden also.
The property is situated on Merlin’s Terrace between its junctions with Augustine Way and Freemens Way. Public transport links include Haverfordwest mainline rail station together with a network of local bus services serving the surrounding vicinity. Road links include the A40 which links to the M4 to the east via the A48. An extensive range of shopping amenities, cafes, bars and restaurants can be found locally in Haverfordwest. Recreational pursuits can be found locally at the open spaces of Priory Salting's Nature Reserve and Pembrokeshire Coast National Park.
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Tenancies
To be sold with vacant possession.
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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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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