Lot 42 - Flat 1 Washington House, Stanwell Road, Penarth, South Glamorgan, CF64 2AE

  • Unconditional Online Auction Sale
  • Guide Price* : £120,000 +

Lot 42 - Studio for Investment/Owner Occupation

Description

ONLINE AUCTION from 26th JULY-28th JULY

An opportunity to acquire a spacious studio apartment benefitting from a mezzanine level situated in a sought after location.

The property offers open plan living with a good size lounge, diner and kitchen. Currently the mezzanine level has been set up as the sleeping area.

The apartment appears to be in in fair order and could achieve approximately £650- £700 per calendar month. Further benefits include gas central heating provided by combination boiler (not tested).

Washington Buildings is situated in the town centre and is convenient for the wealth of shops and cafes and a short walk to Penarth Pier Pavilion.

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

Ground Floor: Communal Entrance
Flat: Entrance, bathroom, lounge/dining room open to kitchen.

Council Tax Band

C

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. 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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