Lot 45 - Flat 5, 34 Albany Road, Cardiff, CF24 3RQ

  • Unconditional Online Auction Sale
  • Guide Price* : £77,000+
  • Bedrooms: 0

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Residential Development Opportunity

Description

ONLINE AUCTION 11th JUNE 2020

A ground floor flat that has benefited from initial works but now requires finishing. The flat would be ideal for either a homeowner or investor and is situated in the vibrant area of Roath which benefits from a wealth of shopping facilities, good transport links and is within easy reach of Cardiff city centre.

Accommodation

Ground Floor: Entrance, kitchen/lounge, 2 rooms (scope for 2 bedrooms and bathroom - details of drawings in legal pack)
Lower GF: Basement for storage only
Outside: Patio to rear via French doors

Tenancies

To be sold with vacant possession

Potential Rental Income: £750-800 pcm
For further details, please email Adrian at adrian@paulfoshlettings.com

Tenure

Advised Leasehold - to be verified by solicitor
New 150yr LLH, GR £100 pa doubling every 50 yrs

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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