Lot 82 - 66A Cardiff Road, Merthyr Tydfil, Merthyr Tydfil, CF48 4JZ

  • Unconditional Online Auction Sale
  • Guide Price* : £80,000 +
  • Bedrooms: 2

Lot 82 - House for Investment

Description

ONLINE AUCTION from 4th OCTOBER - 6th OCTOBER

A semi-detached extended property divided into a ground floor flat and a first floor flat. Each flat provides lounge, kitchen, bathroom and two bedrooms with flat 1 having the further benefit of an en-suite and garden. The property is to be sold with tenants in situ who would like to stay. The tenants have recently signed a rent increase contract which will commence from the 3rd October 2022 giving a monthly income of £890.

Troed-y-rhiw means foot of the slope and is a large village in the county borough of Merthyr Tydfil, Wales. It has a railway station and excellent commuter links via the A470. The area is surrounded by hills and countryside.

VIRTUAL TOUR

Accommodation

Ground Floor - Flat 1: Open plan lounge/kitchen, 2 bedrooms, bathroom, en-suite
First Floor - Flat 2: Lounge, kitchen, 2 bedrooms, bathroom
Outside: Rear garden - sole use for flat 1

Tenancies

Flat 1 is let on an AST at £490 pcm (£5,880 pa)
Flat 2 is let on an AST at £400 pcm (£4,800 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@paulfoshauctions.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 1.5% of the purchase price (subject to a minimum of £1,500) 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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Bidding History 18 Bids

User Amount Date
Bidder 5 £98,000 06/10/22 19:22:04
Bidder 4 £97,000 06/10/22 19:21:56
Bidder 5 £96,000 06/10/22 19:21:50
Bidder 4 06/10/22 19:21:50
Bidder 5 £95,000 06/10/22 19:21:24
Bidder 4 £94,000 06/10/22 19:21:19
Bidder 3 £93,000 06/10/22 19:21:01
Bidder 4 £92,000 06/10/22 19:20:18
Bidder 3 £91,000 06/10/22 19:20:13
Bidder 4 £90,000 06/10/22 19:20:02
Bidder 3 £89,000 06/10/22 19:18:22
Bidder 1 £87,000 06/10/22 19:17:45
Bidder 3 £85,000 06/10/22 19:17:27
Bidder 1 £83,000 06/10/22 19:17:22
Bidder 3 £81,000 06/10/22 19:12:54
Bidder 1 £78,000 06/10/22 18:45:39
Bidder 2 £75,000 06/10/22 11:29:39
Bidder 1 £72,000 05/10/22 16:22:19

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Documents

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Auction Finance

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If considering a mortgage, we advise that you inspect and consider the property carefully with your lender before bidding.

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