Lot 94 - 164 Wood Road, Pontypridd, Mid Glamorgan, CF37 1RG
- Unconditional Online Auction Sale
- Guide Price* : £92,000 +
- Bedrooms: 3
- Bathrooms: 1
- Reception Rooms: 2
Lot 94 - Property for Investment
Description
ONLINE AUCTION from 19th MAY - 21st MAY
A three bed mid terrace property ideal for those looking for buy to let investment.
The ground floor comprises of two reception rooms and a fitted kitchen. The first floor offers three bedrooms and a bathroom.
To the rear the property offers an elevated garden.
It benefits from double glazed windows and gas central heating provided by a combination boiler (untested)
The property is in fair order throughout and is located close to Pontypridd town centre. The area provides a range of amenities, shops and leisure facilities along with strong rental demand driven by its proximity to the University of South Wales. The property previously held an HMO license and with minimal work could be reinstated (subject to necessary consents)
For buy to let purposes we would anticipate the property could achieve approximately£900 - £950 per calendar month with potential to increase to approximately £1100 pcm as an HMO (subject to consents)
Excellent transport links are available with easy access to the A470 providing direct routes to Cardiff and the wider south Wales region.
Accommodation
Ground Floor: Entrance hallway, lounge, dining room, kitchen
First Floor: 3 bedrooms, bathroom
Outside: Rear garden
Tenancies
To be sold with vacant possession
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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