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New guide price
ONLINE AUCTION from 4th OCTOBER-6th OCTOBER
An opportunity to acquire two spacious two bedroom flats in the popular village of Glynneath. The flats have previously been upgraded with UPVC double glazing and gas central heating (not tested) with new boiler to first floor but now require some general improvements and are let to established tenants.
Due to it’s location the flats may also offer potential for holiday lets or re sale as individual flats in the future. The village is ideally situated for the A465 with Swansea to the south and the Brecon Beacon National Park to the north.
Please note note internal inspection was carried out by auctioneers however we believe it comprises:
Ground Floor: Entrance to rear, kitchen, lounge, bathroom, 2 bedrooms
First Floor: Stairs to landing, kitchen, lounge, 2 bedrooms, bathroom
Outside: Rear garden and parking area
Both flats are let on ASTs at £690 every 4 weeks (£8,970 PA), but we anticipate a rental potential of approximately £460 pcm 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 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/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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