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ONLINE AUCTION from 4th - 6tH OCTOBER
A mid terrace house situated in Ferndale with far reaching hillside views. We are informed that the property provides lounge/dining area, kitchen, utility room and bathroom to the ground floor and 2 bedrooms with an additional room (no window) to the first floor. There is a rear garden. The property is to be sold with tenant in situ, currently paying £410 pcm. We anticipate a rental potential of approximately £595 pcm.
Ferndale is a town in the Rhondda Valley in the county borough of Rhondda Cynon Taff, Wales. Neighbouring villages are Blaenllechau, Maerdy and Tylorstown. Ferndale was industrialised in the mid-19th century. The first coal mine shaft was sunk in 1857 and was the first community to be intensively industrialised in the Rhondda Valley. The Sky1 TV comedy series Stella is largely filmed on location in Ferndale. Since 2005, the southern section from Porth to Pontygwaith is now the A4223 Porth and Lower Rhondda Fach Relief Road (Porth Bypass). The upper section including the section passing Ferndale has become a branch of the Taff Trail cycleway.
Ground Floor: Lounge/dining room, kitchen, utility room, bathroom
First Floor: Landing, 2 bedrooms and a middle room with no external window
Outside: Rear garden
The property is let on an assured shorthold tenancy agreement at £410 pcm (£4,920 pa)
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 email@example.com 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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