Lot 17 - Flat 1 (2nd Floor), 266 Holton Road, Barry, CF63 4HU

  • Unconditional Online Auction Sale
  • Guide Price* : £60,000+
  • Bedrooms: 1

Lot 17 - Flat for Investment

Description

ONLINE AUCTION from 30th AUGUST-1st SEPTEMBER

A first floor, one bedroom flat requiring improvement and updating and is ideal for those looking for buy to let investment.

Typically one bedroom properties in the area achieve approximately £450 - £550 pcm.

The property is situated in a convenient location for access to the town centre, and Barry island and beach. The town of Barry has recently enjoyed an exceptional level of regeneration and investment.

Accommodation

First Floor: Lounge, kitchen, bedroom, bathroom

Council Tax Band

B

Lease Start Date

01/01/2008

Lease Duration

99 years (84 years unexpired)

Tenancies

To be sold with vacant possession
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.

Tenure

Advised Leasehold - to be verified by solicitor
Ground Rent: £150 pa

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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