Lot 82 - Flat 2, 266 Newport Road, Cardiff, CF24 1RS

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

Residential Investment

Description

ONLINE AUCTION from 19th OCTOBER - 21st OCTOBER

An opportunity to acquire a ground floor, one bedroom, 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 their 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 1.2% 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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Sold for £67,500

This auction is now closed.

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