Lot 53 - 64 Main Street, Barry, CF63 2HN

  • Unconditional Online Auction Sale
  • Guide Price* : £185,000+

Residential Investment

Description

ONLINE AUCTION from 27th APRIL-29th APRIL

A substantial freehold building in a popular and convenient location of Barry.

The property comprises of four flats which are all currently let. The property benefits from local amenities and is within walking distance of the nearby Victoria Park. It is also a short distance to the M4 motorway by vehicle, making it ideal for commuters.

Accommodation

Floor Description Rent
Ground Floor Communal entrance
Ground Floor Flat 1 - Private entrance, kitchen/living room, bedroom, shower room Let on an AST at £450 pcm
Ground Floor Flat 2 - Kitchen/living/bedroom area, shower room Let on an AST at £400 pcm
First Floor Flat 3 - Living room, kitchen/diner, bedroom, shower room Let on an AST at £550 pcm
First Floor Flat 4 - Kitchen/living/bedroom area, shower room Let on an AST at £400 pcm
Outside Rear communal garden area
Total Annual Income £21,600

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 £750) 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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Paul Fosh Auctions, 01633 254 044
01633 254044

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