Lot 68 - 4 William Street, Merthyr Tydfil, Mid Glamorgan, CF47 0RG

  • Unconditional Online Auction Sale
  • Guide Price* : £78,000+
  • Bedrooms: 3

LOT 68 - Residential Investment

Description

ONLINE AUCTION from 17th MAY-19th MAY

An opportunity to acquire a traditional mid terrace house in a popular residential location close to Merthyr Tydfil town centre with its wealth of amenities and shops and transport links. The property is sold with tenants under a section 21 notice and should offer scope to improve in the future.

The town of Merthyr Tydfil has benefited from substantial regeneration and investment over recent years with new employers coming into the town partly due to the great road links on the A470 and A465.

INVESTORS: If you are looking for assistance in tenant find and/or management packages, information on rental income/interest potential we have a Lettings Department that can help you. Please call us on 01633 746800 or email rhys@paulfoshlettings.com for invaluable advice.

Accommodation

Please note no internal inspections has been carried out by auctioneers however we believe it comprises:
Ground Floor: Entrance, lounge, dining room, kitchen, bathroom
First Floor: Landing, 3 bedrooms
Outside: Forecourt and rear garden

Tenancies

The propery is let on AST at £480 pcm (under notice)
Potential rental value of £650/£700

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/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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