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The title we are selling has a Leasehold term of 125 years from 23 January 1989.
This comes out of a head lease that the Borough Council own of a 999 year lease from 1 January 1885.
ONLINE AUCTION from 31st JANUARY-2nd FEBRUARY
An opportunity to acquire a two bedroom semi-detached property with spacious garden areas. The property has previously been let long-term and now requires upgrading but would be an ideal family home or buy to let opportunity.
The property is situated in a well established residential location close to local amenities and shops and convenient for Barry town centre and Barry Island. The property has UPVC single glazed windows and gas central heating (not tested).
Ground Floor: Lounge, kitchen, WC
First Floor: Landing, 2 bedrooms, bathroom
Outside: Garden to the front, side and spacious rear garden
To be sold with vacant possession but should let at £850/£900 pcm
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 firstname.lastname@example.org for invaluable advice.
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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