Lot 29 - Flat 2, 266 Newport Road, Cardiff, CF24 1RS

  • Unconditional Online Auction Sale
  • Guide Price* : £55,000+
  • Bedrooms: 1

Residential Investment

Description

ONLINE AUCTION from 20th JULY-22nd JULY

An opportunity to acquire a ground floor, one bedroomed, virtually Freehold flat let to a well established tenant. The property is situated in a convenient location for access to Cardiff city centre and Roath with its excellent range of shopping facilities and amenities and good road links to the M4 motorway.

Accommodation

Ground Floor: Entrance, lounge, kitchen, bedroom, bathroom
Outside: Front and rear gardens

Tenancies

Let on AST at £520 pcm (£6,240 pa)

Tenure

Advised Leasehold - 999 years from 27 September 2019 - 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 1.5% of the purchase price (subject to a minimum of £1,500) 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.

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Bidding History 11 Bids
User Amount Date
Bidder 4 £61,500 22/07/21 18:06:15
Bidder 2 £61,000 22/07/21 17:55:49
Bidder 4 £60,500 22/07/21 17:51:27
Bidder 2 £60,000 22/07/21 14:38:40
Bidder 3 £59,500 22/07/21 10:20:53
Bidder 2 £59,000 21/07/21 19:17:19
Bidder 1 £58,000 21/07/21 19:14:42
Bidder 2 £56,000 21/07/21 19:10:05
Bidder 1 £54,000 21/07/21 18:53:33
Bidder 2 £52,000 21/07/21 18:29:02
Bidder 1 £50,000 21/07/21 14:35:43

Viewing Information

Booking is required.
In the event of cancellation or amendment, we may contact you with updates. If you do not register but you travel to a viewing, you do so at your own risk.

Viewing

No internal viewings

Office Contact

Sean Roper

Documents

Auction Finance

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.

If considering a mortgage, we advise that you inspect and consider the property carefully with your lender before bidding.

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