Waiting for video...
ONLINE AUCTION from 27th APRIL-29th APRIL
A substantial building, that has recently been refurbished and upgraded and comprises two good size, one bedroom flats, an office and two storage units. The property is situated a short distance from Pontypridd town centre, and the train station, and there are excellent road links to the A470.
This is an excellent opportunity for either a buy to let investor or a person looking to sell off the flats, and the office, and storage separately. The flats both have newly fitted kitchens with appliances, newly fitted bathrooms, and both have been redecorated and re carpeted.
The building benefits from UPVC double glazing and the flats from gas central heating (not tested).
Ground Floor: Office, communal hallway, shop with storage space, wc, further storage rooms to rear, stairs to;
Flat 1 Entrance hallway, lounge, kitchen, bedroom, bathroom
Flat 2 Entrance hallway, lounge, kitchen, bedroom, bathroom
Flat 1: currently let at £425 PCM
Flat 2: currently let at £475 PCM
Ground Floor Shop - Vacant although £300 PCM potential rent
Ground floor storage unit - Vacant although £50 PCM potential rent
Ground floor rear storage / small office - Vacant although £250 PCM potential rent
Total Projected rent - £18,000 per annum
Advised Freehold - to be verified by solicitor
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.
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.
By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.