Lot 74 - 4 Nith Street, Aberdare, Mid Glamorgan, CF44 7ER

  • Unconditional Online Auction Sale
  • Guide Price* : £79,000+
  • Bedrooms: 2

Lot 74 - Residential Investment

Description

ONLINE AUCTION from 31st JANUARY-2nd FEBRUARY

An opportunity to acquire a block of two self contained flats, one is let to an established tenant and one sold with vacant possession. Both flats benefit from UPVC double glazing and gas central heating and fitted kitchens and bathrooms.

The flats are ideally situated for access to the nearby town centre with its wealth of shops, amenities and transport links.

VIRTUAL TOUR

Accommodation

Ground Floor: Flat 1 - Entrance hall, lounge, 2 bedrooms, kitchen, shower room
First Floor: Flat 2 (entrance with stairs to first floor), lounge, 2 bedrooms, kitchen, bathroom
Outside: Rear yard and storage unit (may offer scope to let separately)

Council Tax Band

A

Tenancies

Flat 1 is currently let at £425 pcm (£5,100 pa)
Flat 2 is sold with vacant possession but should now let for approx £500 pcm (potential income of £11,100 to £12,000)

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 1.2% 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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