Lot 35 - 42 Clos Cwm Golau, Merthyr Tydfil, CF47 0JA

  • Unconditional Online Auction Sale
  • Guide Price* : £32,000+

LOT 35 - Studio Flat for Investment

Description

ONLINE AUCTION from 31st JANUARY-2nd FEBRUARY

A well presented ground floor studio apartment which is ideal for those looking for an investment property.

The current owner has previously enjoyed a good occupancy level and has achieved £500 per calendar month. The property is open plan and comprises lounge, kitchen and bedroom with a separate shower room. Further benefits include allocated parking and double glazing.

As the property is located only a short drive to Bike Park Wales (the UK's greatest and most diverse selection of all-weather mountain bike trails) the property could also be ideal for holiday lets.

The apartment is ideally situated for local amenities and good road links to the A465 and A470 and Merthyr Tydfil town centre.

Council Tax Band

A

Lease Start Date

01/01/2007

Lease Duration

125 years (109 years unexpired)

Annual Ground Rent

£100

Tenancies

To be sold with vacant possession
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 on 01633 746800 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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Paul Fosh Auctions
01633 254044

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