Lot 50 - 47 Free Street, Brecon, Powys, LD3 7BN

  • Unconditional Online Auction Sale
  • Guide Price* : £127,000 +
  • Bedrooms: 3
  • Bathrooms: 2

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Lot 50 - Property for Investment

Description

ONLINE AUCTION from 10th MARCH-12th MARCH

A freehold building currently arranged as two flats.

The property is ideal for those looking for an opportunity for buy to let investment.

The ground floor flat is currently occupied by a long term tenant who has expressed a desire to remain. It is currently let at £520 per calendar month. The ground floor flat offers open plan lounge kitchen, shower room and a double bedroom. It benefits from gas central heating and a rear low maintenance seating area with storage shed

The first floor offers a spacious lounge, kitchen, bathroom and two bedrooms. The first floor flat is currently vacant but we anticipate it could achieve in the region of £650 per calendar month.

Brecon is a charming traditional market town in the centre of the Bannu Brycheiniog (Brecon Beacons National Park). The property is located within walking distance of the town centre which offers a range of amenities and cafes etc. The property offers good road access to Cardiff, Swansea and Hereford.

Accommodation

Ground Floor: Entrance, lounge Kitchen, shower room, bedroom
First Floor: Entrance, lounge, kitchen, bathroom
Top Floor: 2 bedrooms

Tenancies

Ground Floor Flat let @ £520PCM
First Floor Flat Vacant – could achieve approximately £650 -£675 pcm.

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/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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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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