Lot 11 - Flats at 10 Perrott Street, Treharris, Merthyr Tydfil, CF46 5ER
- Unconditional Online Auction Sale
- Guide Price* : £300,000+
- Bedrooms: 8
Lot 11 - Investment Opportunity
Description
ONLINE AUCTION from 14th APRIL - 16th APRIL
A substantial freehold building comprising 8 flats.
The property was converted approx. 2018/2019 and each flats contain a modern fitted kitchen and bathroom with some flats having gas central heating and others electric storage heating (not tested).
The property is situated close to the local shops and amenities and transport links. The flats have enjoyed good occupancy levels, and the property is sold fully let.
There is a spacious communal garden to the rear with decking area.
Accommodation
Flat A : Entrance, lounge, kitchen, 2 bedrooms, bathroom (Heating: Gas)
Flat B : Entrance, lounge, kitchen, 2 bedrooms, bathroom (Heating: Electric)
Flat C: Entrance, lounge/dining room, kitchen, 2 bedrooms, bathroom (Heating: Electric)
Flat D: Entrance, lounge/dining room, kitchen, 2 bedrooms, bathroom (Heating: Electric)
Flat E: Entrance, lounge, kitchen, 2 bedrooms, bathroom (Heating: Electric)
Flat F: Entrance, lounge, kitchen, 2 bedrooms, bathroom (Heating: Electric)
Flat G: Entrance, lounge, kitchen, 2 bedrooms, bathroom (Heating: Gas)
Flat H: Entrance, lounge, kitchen, 2 bedrooms, bathroom (Heating: Gas)
Outside: Rear communal garden with decking area and fine views
Accommodation
| Tenant | Rent |
|---|---|
| Flat 10a | £580 pcm |
| Flat 10b | £350 pcm |
| Flat 10c | £350 pcm |
| Flat 10d | £400 pcm |
| Flat 10e | £350 pcm |
| Flat 10f | £480 pcm |
| Flat 10g | £450 pcm |
| Flat 10h | £420 pcm |
| Total | £3,730 pcm/£44,760 pa |
Tenancies
Fully let
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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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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