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

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

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 1.5% 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 27 Bids

User Amount Date
Bidder 4 £67,500 21/10/21 19:45:28
Bidder 3 £67,000 21/10/21 19:45:21
Bidder 4 £66,500 21/10/21 19:45:15
Bidder 3 £66,000 21/10/21 19:45:04
Bidder 4 £65,500 21/10/21 19:43:05
Bidder 3 £65,000 21/10/21 19:42:55
Bidder 4 21/10/21 19:42:55
Bidder 3 £64,500 21/10/21 19:42:47
Bidder 4 21/10/21 19:42:47
Bidder 3 £63,500 21/10/21 19:42:33
Bidder 4 21/10/21 19:42:33
Bidder 3 £62,500 21/10/21 19:42:21
Bidder 4 21/10/21 19:42:21
Bidder 3 £61,500 21/10/21 19:42:05
Bidder 4 21/10/21 19:42:05
Bidder 3 £60,500 21/10/21 19:41:36
Bidder 1 £60,000 21/10/21 17:17:48
Bidder 2 £59,500 21/10/21 15:44:18
Bidder 1 £59,000 21/10/21 15:14:43
Bidder 2 £58,500 21/10/21 14:24:05
Bidder 1 £58,000 21/10/21 12:37:22
Bidder 2 £57,000 21/10/21 12:10:40
Bidder 1 £56,000 21/10/21 12:03:40
Bidder 2 £55,000 21/10/21 12:02:57
Bidder 1 £54,000 21/10/21 11:47:28
Bidder 2 £52,000 21/10/21 11:44:50
Bidder 1 £50,000 19/10/21 13:49:54

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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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