ONLINE AUCTION from 20th JULY-22nd JULY
Situated on the High Street this one bed property is an ideal buy to let investment. The property was previously refurbished in 2018 and is currently tenanted on an AST at £400 per calendar month. The property further benefits from lounge, kitchen and lounge.
The flat is located close to all local amenities in a convenient location on the High Street and is only a short distance from the train station and the A483 which provides access to Builth Wells.
We are advised that the ground rent is £100 pa and the current service charge is £396.00 pa, please refer to legal pack for further information.
Third Floor: Entrance hallway, lounge, kitchen, bedroom, bathroom
Let on a AST agreement at £4,800 pa. We are advised there are no arrears and the tenant has always paid on time.
Advised Leasehold - to be verified by solicitor (999 years from 2018)
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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