Lot 3 - Kilcredaun House, 41 Ferry Court, Cardiff, South Glamorgan, CF11 0JG

  • Unconditional Online Auction Sale
  • Guide Price* : £48,000 +
  • Bedrooms: 1

Studio Apartment for Investment

Description

ONLINE AUCTION from 8th MARCH-10th MARCH

Situated in the heart of Cardiff Bay this studio apartment is ideal for buy to let purposes.

Located on the 4th floor the apartment benefits from allocated parking, fitted kitchen with integrated appliances (not tested) shower room and lounge/bedroom.

The property could achieve around £650 per calendar month on the rental market making it an ideal investment opportunity.

Located within walking distance of Mermaid Quay with its wealth of restaurants and bars and only minutes away from all the Cardiff Bay attractions. Excellent transport links via rail and motorway links. Cardiff Bay is renowned for its entertainment and leisure facilities includes the Red Dragon Centre which is the ultimate entertainment destination combining big screen movies with ten pin bowling, cool bars, restaurants and cafes, fitness, gaming, and free customer parking.

Accommodation

Ground Floor: Secure entrance, communal hallway lift to all floors
Fourth Floor: Apartment entrance hallway, shower room, lounge/bedroom, kitchen
Outside: Allocated Parking space

Tenancies

To be sold with vacant possession

Tenure

Advised Leasehold - 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/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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