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New guide price
ONLINE AUCTION from 8th - 10th NOVEMBER
A substantial freehold building comprising 9 flats which are fully let. The property is situated in the popular village of Ynyshir which lies north of Porth and Pontypridd and enjoys both good road and transport links and amenities.
The property has been owned and managed by the same family for over 30 years and is well maintained and presented. The flats have historically enjoyed near full occupancy over the years with a number of long term tenants in situ, all on Assured Shorthold contacts.
The property is fully UPVC double glazing with most of the flats having electric storage heating and a couple with gas central heating (not tested).
122 Ynyshir Road;
|Flat 1||Living room, kitchen, bathroom, 1 bedroom with gas combi central heating and hot water with UPVC DG||£303.33pcm|
|Flat 2||Living Room, kitchen, 2 bedrooms, bathroom with gas combi central heating and hot water with UPVC DG||£303.33pcm|
|Flat 3 (maisonette)||Living Room, kitchen, 2 bedrooms, bathroom with electric storage heaters and hot water with UPVC DG||£320pcm|
|Flat 4||Living room, kitchen, bathroom, 1 bedroom with electric heating and kot water with UPVC DG||£320pcm|
|Flat 5||Living room, Kitchen, 2 bedrooms, bathroom with gas combi central heating and hot water with UPVC DG||£300pcm|
|120 Ynyshir Road|
|Flat 6||Living Room, kitchen, 2 Bedrooms, bathroom with gas combi central heating and hot water with UPVC DG|
|Flat 7||Living Room/kitchen, 2 bedrooms, bathroom with gas combi central heating and hot water with UPVC DG||£320pcm|
|119 Ynyshir Road||Living room / Kitchen / Bedroom and Bathroom with Electric Heating and Hot water with UPVC Double Glazing||£285pcm|
|119a Ynyshir Road||Living room, Kitchen, bathroom, 1 bedroom with electric heating and hot water with UPVC DG||£270pcm|
|Outside||Yard and parking area|
|Total annual income||£33,216|
The flats are let on AST at £2,768 pcm (£33,216 p/a)
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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