Waiting for video...
SOLD PRIOR.
An opportunity to acquire a six room fully furnished HMO in a sought after area of Cwmbran. The property is fully let and has enjoyed good occupancy over the last three years.
Download the legal documents for this property.
The property has been well maintained and benefits from UPVC double glazing, gas central heating (not tested), 3 fridge freezers, cooker, convection microwave, washing machine, crockery, cutlery, pots and pans, TV, 6 beds and 6 sets of bedroom furniture. We are informed by the seller that the property has been signed off periodically by the housing officer and the details will be included in the legal pack.
Ground Floor: Entrance, communal kitchen/lounge, 2 rooms, bathroom
First Floor: Landing, 4 rooms, bathroom, wc
Outside:Gardens to front and rear
Floor | Description | Area Sq Ft | Area Sq M |
---|---|---|---|
Tenant | Rent | Tenant | Rent |
Room 1 let on AST | £93 per week | Room 4 let on AST | £88 per week |
Room 2 let on AST | £93 per week | Room 5 let on AST | £93 per week |
Room 3 let on AST | £68 per week | Room 6 let on AST | £68 per week |
Total annual income | £26,156 |
Date | Time |
---|---|
Fri 06 Mar - Thurs 12 Mar - Weds 18 Mar | 16.45 |
Advised Freehold - to be verified by solicitor
Auction fees: The sale of each lot is subject to a buyer’s premium of 1.2% of the purchase price (subject to a minimum of £975) 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.
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.
By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.