Lot 6 - 38 High Street, Fleur De Lis, Blackwood, NP12 3UE

  • Unconditional Online Auction Sale
  • Guide Price* : £90,000+
  • Bedrooms: 3

Residential Investment

Description

ONLINE AUCTION from 8th SEPTEMBER

A well maintained and improved block of three flats situated in the popuar area of Fleur de Lys which is close to both the towns of Blackwood and Bargoed, The property is currently let via a housing association and indications are that they would be keen to remain as tenants, however the option in the future would be to let privately and increase the rents (estimated in the region of £1,050 pcm - £12, 600 per annum).

The property benefits from UPVC double glazing and gas central heating (not tested) and each flat has fitted kitchen and bathroom.

Accommodation

Ground Floor: Flat 1: Entrance, lounge, kitchen, bedroom, bathroom
First Floor: Flat 2: Entrance with stairs to first floor, kitchen, lounge, bedroom, bathroom.
Lower GF: Flat 3: Access to rear with entrance, lounge, kitchen, bedroom, bathroom
Outside: Rear garden

Tenancies

The property is currently let at £816 pcm (£9,792 per annum)

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 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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