ONLINE AUCTION from 7th DECEMBER-9th DECEMBER
A substantial freehold building which comprises a basement flat and 4 letting rooms with scope for a fifth (but would require an HMO licence).
The town of Baglan is located ideally for the M4 motorway and the town of Port Talbot and good links for Swansea & Neath.
Ground Floor: 2 x bedrooms, kitchen, bathroom
First Floor: Room x 1 office
Second Floor: Room x 1
Lower GF: Basement Flat, entrance, bedroom, bathroom, lounge, kitchen
Outside: Forecourt and rear garden with parking
Basement flat let at £347 pcm
Room 1 let at £347 pcm
Room 2 let at £347 pcm
Room 3 let at £347 pcm
Room 4 let at £347 pcm
£1735 pcm £20,820 p/a
• There is a historic high demand from tenants for accomodation which are currently being sourced from a housing body
Advised Freehold - to be verified by solicitor
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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