Lot 9 - Angel Flats, 47-48 Castle Street, Maesteg, Pen-y-Bont Ar Ogwr, CF34 9YH

  • Unconditional Online Auction Sale
  • Guide Price* : £130,000+
  • Bedrooms: 6

LOT 9 - Residential Investment Opportunity

Description

ONLINE AUCTION from 17th MAY-19th MAY

An opportunity to acquire a block of four flats in the bustling town of Maesteg. The block comprises of 1x 2 bed flat and 3 x 1 bed flats and is situated within easy reach of Maesteg town centre, local shopping facilities and train station.

Please note the images are from when the property was previously offered. More to follow

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.

VIRTUAL TOUR

Accommodation

Ground Floor: Flat 1 – Entrance, lounge, bathroom, bedroom, kitchen/diner
Ground Floor: Flat 2 – Entrance, lounge, bathroom, bedroom, kitchen/diner
First Floor: Flat 3 – Entrance, kitchen/diner, lounge, bedroom, bathroom
First Floor: Flat 4 – Entrance, kitchen/diner, lounge, 2 bedrooms, bathroom

Tenancies

Flat 1 Let at £400 PCM on AST
Flat 2 Let at £320 PCM on AST
Flat 3 Let at £280 PCM on AST
Flat 4 Let at £450 PCM on AST

Annual Income £17,400 P/A

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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