Lot 79 - 11B Park Street, Pontypridd, CF37 1SN

  • Unconditional Online Auction Sale
  • Guide Price* : £85,000+

HMO Investment Opportunity

Description

ONLINE AUCTION from 8th DECEMBER - 10th DECEMBER

A modern mid link style property offering surprisingly spacious accommodation over three floors. The property benefits from four double bedrooms with communal areas, and is situated close to local amenities, shops, the university and railway station.

The property has gas central heating (not tested) and UPVC double glazing and would be an ideal opportunity for an investor looking for an HMO or may offer scope for other uses (subject to neccesary planning).

Accommodation

Ground Floor: Entrance, lounge/kitchen, inner hall, room 1
Lower GF: Room 2, landing, rooms 3 & 4, bathroom
Outside: Shared rear garden

Tenancies

The property is partially let with two rooms let at £720 per calendar month (£8,640 per annum)
£17,280 when 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 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. 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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Joint Agent

Lion Estates and Lettings LTD

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