Lot 34 - 323 Newport Road, Cardiff, CF24 1RL

  • Unconditional Online Auction Sale
  • Guide Price* : £275,000+
  • Bedrooms: 0

Flats For Investment

Description

A recently refurbished and upgraded semi detached property comprising six studio flats. The flats benefit from new kitchens with appliances, refitted shower room/wcs and is very well presented throughout. The property also benefits from UPVC double glazing, gas central heating (not tested), has off road parking.

Download the legal documents for this property.

parking and a garage/storage unit which may offer scope for further development (subject to necessary planning consents). The property is situated on Newport Road which is one of the main arteries into Cardiff city centre from the East and is ideally situated for local amenities, shopping facilities and transport links.

Viewing Schedule: Tues 03 Mar - Mon 09 Mar - Mon 16 Mar: 09.45

Accommodation

Tenant Rent
Floor Description
Ground Communal hallway
Ground (Studio 1) Living area/kitchen, shower room
Ground (Studio 2) Living area/kitchen, shower room
Ground (Studio 3) Living area/kitchen, shower room
First Landing
First (Studio 4) Lobby area, living area/kitchen, shower room
First (Studio 5) Living area/kitchen, shower room
First (Studio 6) Living area/kitchen, shower room
Outside Driveway to front with parking area, garage with storage area, offering scope to improve, rear garden

Tenancies

To be sold with vacant possession - The studio flats should let at approximately £500 pcm (£36,000 pa)

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 1.2% 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.

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Office Contact

Documents

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.

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