Lot 99 - 18 Moorhead Close, Cardiff, CF24 5FB

  • Unconditional Online Auction Sale
  • Guide Price* : £84,000 +

Top Floor Flat Residential Investment

Description

An opportunity to acquire an apartment in a modern block in close proximity of Cardiff city centre (approximately 1 mile). The apartment is ideally located close to local amenities, with Cardiff city centre offering a more extensive range of shops and facilities.

The flat comprises fitted kitchen, good sized lounge and master bedroom with ensuite. Further benefits include gas central heating (not tested), double glazed windows, and a communal lift system within the block as well as CCTV, there is also allocated parking.

The flat is tenanted with the current tenant paying £675 per calendar month. We are advised the service charge is £75 pcm including ground rent.

Accommodation

Ground Floor: Communal entrance with stairs/lifts
Fourth Floor: Entrance hallway, kitchen, lounge, two bedrooms, master with ensuite, bathroom
Outside: Allocated parking

Tenancies

The flat is let at £675 pcm

Tenure

Advised Leasehold - 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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Paul Fosh Auctions
01633 254044

Documents

Legal Documents

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