ONLINE AUCTION from 8th JUNE-10th JUNE
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, there are also 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, 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 is let at £425 pcm
Flat 2 is let at £475 pcm
Ground Floor Shop and storage let at £320 pcm
Total rent now £14,640
Ground floor rear not let but advertised £3,600 PA
Total Projected rent - £18,000 per annum when fully let
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. 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.
This auction is now closed.
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