Lot 32 - Mallards, Merthyr Vale, Merthyr Tydfil, CF48 4RS
- Unconditional Online Auction Sale
- Guide Price* : £9,000+
- Bedrooms: 2
Lot 32 - Residential/Commercial Opportunity
Description
ONLINE AUCTION from 10th MARCH-12th MARCH
An excellent investment opportunity to own a large accommodation. The former keeper used the space as commercial accommodation. The building has 2/3 bedrooms, kitchen and bathroom. The one bedroom can be looked at to changed into two bedrooms.
It was once used as a hostel, accommodating young adults and children usually for a day visit. Tucked away in a quiet location and has beautiful views of the valleys.
We have received interest in the building which we can pass on to the winning bidder. Interest has been to open a children’s nursery.
We have also had inquiries to change the layout of the building and split the building into five industrial units - there are four roller shutters doors already installed. By opening each unit, and changing the inside layout to suit each individual unit, there is potential to operate/rent five separate businesses or five storage units to five different tenants (subject to necessary planning consents).
We have included a CGI of how the storage units will look like should you look at separating the building into five. Please note this has CGI written on the image itself.
Ground rent: £1
Service charge: £0
What3Words - tutorial.squish.elsewhere
Lease Start Date
01/02/2026
Lease Duration
999 years (999 years unexpired)
Tenancies
To be sold with vacant possession
Tenure
Advised Leasehold - to be verified by solicitor
Auction Fees And Additional Costs
Auction fees: The sale of each lot is subject to a buyer’s premium/admin fee of 1.5% of the purchase price (subject to a minimum of £1,500 for sale prices between £1 and £50,000 or subject to a minimum of £2,400 for sale prices of £50,001 upwards) 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
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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