Lot 6 - 3 Freeholds, Cardiff, CF11 6DY

  • Unconditional Online Auction Sale
  • Guide Price* : Nil

Three Freeholds in Cardiff

Description

ONLINE AUCTION from 19th OCTOBER-21st OCTOBER

For sale is the freeholds of three Cardiff properties.

The details of the freeholds are as follows:

Accommodation

Column 1 Column 2 Column 3
Property Description Rent
44 Wells Street, Cardiff, CF11 6DY Mid terrace dwelling 99 year lease from 29th September 1963 - Rent: £15.40 pa
141 Ninian Park Road, Cardiff, CF11 6HY Mid terrace dwelling 99 year lease from 25th March 1964 - Rent: £18.65 pa
31 Rolls Street, Cardiff, CF11 6DT Mid terrace dwelling 99 year lease from 25th March 1964 - Rent: £14.50 pa

Note regarding this ground rent. The purchaser for this lot will secure the freeholds, subject to a lease being in place. If after the expiry of the lease no action is taken by the lessee, the property will revert to the freeholder. If between now and the expiration of the lease, the lessee exercises his/her right to request a lease extension, a substantial cost will be paid to the freeholder.

Tenure

Advised Freehold - 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.

Bidding not yet open
Minimum Opening Bid

£100


Bidding Opens On
19th Oct 2021 12:00
Scheduled End Date

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