Lot 30 - 15a & 15b Hoo Street, Neath, West Glamorgan, SA11 2PA

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

Property for Investment

Description

ONLINE AUCTION from 7th DECEMBER-9th DECEMBER

A mid terrace property currently arranged as two separate flats.

To the ground floor the property comprises a one bedroom flat* and to the first floor the property offers bathroom, bedroom and open plan kitchen lounge area.

The property is ideal for those looking for buy to let investments.

Typically a one bedroom flat in good order achieves around £450 per calendar month.

The property is situated close to all local amenities including the local train station and is conveniently placed for access to the M4.

*PAUL FOSH AUCTIONS HAVE BEEN UNABLE TO INSPECT FLAT A (GROUND FLOOR FLAT) WE HAVE BEEN UNABLE TO CONFIRM THE ACCOMODATION BUT BELIEVE THE ABOVE TO BE CORRECT

Accommodation

Ground Floor: Communal entrance, Flat A - lounge/kitchen bedroom & bathroom*
First Floor:Flat B - Bathroom, bedroom open plan lounge kitchen
Outside: Rear garden

Tenancies

15A is occupied at a rent of £425 PCM. We have been informed the tenant is being relocated by the local housing authority however no moveout date has been provided

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

£50,000


Bidding Opens On
7th Dec 2021 12:00
Scheduled End Date

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Paul Fosh Auctions
01633 254044

Documents

Legal Documents

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