Lot 18 - 38 High Street, Fleur De Lis, Blackwood, NP12 3UE

  • Unconditional Online Auction Sale
  • Guide Price* : £117,000+

Lot 18 - House for Investment

Description

ONLINE AUCTION from 4th OCTOBER-6th OCTOBER

An end of terrace house split into three self-contained one bedroom apartments with shared garden to the rear and private entrances. The flats are currently tenanted, via a Housing Association with a guaranteed rental agreement in place at £279 per month amounting to £10,044 per annum. Each apartment consists of lounge/diner/kitchen, bathroom and bedroom. The property is located near local amenities with good transport links. The property is to be sold with tenants in situ.

Fleur de Lis is a small village close to the town of Blackwood in Caerphilly County, South Wales. It is bordered by Pengam to the north, Maesycwmmer to the south, Pontllanfraith to the south east and Tir-y-berth to the west. The village sits on the banks of the Rhymney river, which flows onwards through Caerphilly before joining the Severn estuary at Cardiff Bay.

VIRTUAL TOUR
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Tenancies

Regarding the tenancy, the vendor informs us that If the buyer is interested they can continue with the existing tenants and if not the Housing Association is also willing to vacate the property, which will enable the buyer to tenant it privately, this will enable them to approx £320 to £350 rent per month per flat.

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 rhys@paulfoshlettings.com for invaluable advice.

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. 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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