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Please note the guide price has increased.
ONLINE AUCTION from 16th MARCH-18th MARCH
A mid terraced property comprising a three bedroom house and one bedroom flat. The property is part let with a tenant in the house and the flat vacant. The property is situated in a popular location close to amenities and shops and ideal for Cardiff Bay and the city centre. The Property would benefit from improvements but benefits from UPVC double glazing and gas central heating (not tested).
House:
Ground Floor: Entrance hall, lounge open to kitchen, bathroom
First Floor: Landing 3 bedrooms
Flat: Lounge, kitchen, bathroom
First Floor: Landing, 1 bedroom
House is let at £700 per calendar month (£8,400 per annum)
Flat is vacant but should let at £600 per calendar month (£7,200 per annum when refurbished)
Potential annual income when fully let £15,600
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.
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