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ONLINE AUCTION from 30th AUGUST-1st SEPTEMBER
A semi detached modern house situated on a corner plot in the popular Cathays area of Cardiff and being only yards from the high street shops and cafes. Cathays’s railway station is only a five minute drive away and the area is popular for student rentals. The property consists of lounge, kitchen, conservatory room, two bedrooms and bathroom. The rear courtyard style garden benefits from gated access to the communal parking area. The property is currently tenanted and will be sold with tenant in situ. The current rent is £700.00 per month though the vendor is proposing a new rent from September of £1,200 per month (to be confirmed).
Cathays is a district in the centre of Cardiff, capital of Wales. It is an old suburb of Cardiff established in 1875. It is very densely populated and contains many older terraced houses giving it a Victorian era atmosphere. The area boasts substantial period properties including Cardiff University, which moved from Newport Road to Cathays Park in 1909, National Museum Cardiff, opened in 1927, Welsh National War Memorial, unveiled in 1928 and Crown Buildings, the Welsh Government's main offices in Cardiff, the largest building in Cathays Park
Ground floor: Lounge, kitchen, conservatory room
First Floor: 2 bedrooms, bathroom
Outside: Rear courtyard with gated access and a communal parking area
To be sold with tenant in situ.
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 or email firstname.lastname@example.org for invaluable advice.
Advised Freehold - to be verified by solicitor
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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