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ONLINE AUCTION from 13th DECEMBER-15th DECEMBER
This basement flat (being one of four flats) has a private entrance, far reaching views and is situated in a pleasant area of Pontypool. The property provides lounge, kitchen, bathroom, bedroom and two storage cupboards. There is a rear communal courtyard and parking for one car via a communal parking area. The high street shopping facilities can be found a short distance away. There are good commuter links via the A472. The property is to be sold with vacant possession but we are informed that the occupied flats are achieving £350 - £450 per calendar month.
Pontypool is a bustling town in the county borough of Torfaen, within the historic boundaries of Monmouthshire in South Wales and it is situated on the Afon Lwyd river. Located at the eastern edge of the South Wales coalfields, Pontypool grew around industries including iron and steel production, coal mining and the growth of the railways. A rather artistic manufacturing industry which also flourished here alongside heavy industry was Japanning, a type of lacquer ware. Pontypool itself consists of several smaller districts, these include Abersychan, Cwmffrwdoer, Pontnewynydd, Trevethin, Penygarn, Wainfelin, Tranch, Brynwern, Pontymoile, Blaendare, Cwmynyscoy, New Inn, Griffithstown and Sebastopol.
Lower Ground Floor: Lounge, kitchen, bedroom, bathroom
Outside: Rear communal courtyard area leading to communal parking area
To be sold with vacant possession
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Advised Leasehold - 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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