Lot 60 - Flat 2, Gwendoline Court,, Lias Road,, Porthcawl, Mid Glamorgan, CF36 3AH

  • Unconditional Online Auction Sale
  • Guide Price* : £85,000+
  • Bedrooms: 2

Lot 60 - Residential Investment

Description

ONLINE AUCTION from 4th - 6th OCTOBER

A spacious two bedroom apartment situated in the heart of the seaside resort of Porthcawl. The property is currently let however, it may suit a homeowner or holiday let in the future. The town of Porthcawl is a popular coastal resort with plans in place for a significant amount of regeneration and investment to create an iconic waterfront.

The property benefits from gas central heating (not tested) and offers scope to improve.

Accommodation

Ground Floor: Communal hallway and stairs to FF;
First Floor: Entrance hallway, 2 bedrooms, bathroom, lounge, kitchen
Outside: Car park with 2 allocated spaces (to be confirmed in legal pack)

Council Tax Band

C

Lease Duration

61 years ( years unexpired)

Tenancies

The property is let on an AST at £585.00 PCM (£7,020 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 rhys@paulfoshlettings.com for invaluable advice.

Tenure

Advised Leasehold- 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/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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