Lot 9 - 1A & 1B Beach Street, Port Talbot, West Glamorgan, SA12 6NA

  • Unconditional Online Auction Sale
  • Guide Price* : £90,000+
  • Bedrooms: 3

Lot 9 - Residential investment

Description

ONLINE AUCTION from 16th MAY-18th MAY

A block of two flats, one currently let, the other sold with vacant possession. The flats both have fitted kitchens and bathrooms, UPVC double glazing and gas central heating (not tested).

The flats are situated close to local amenities and shops and are also convenient for both Port Talbot Town centre and Aberavon seafront and beach.

The property is being sold by the fixed charge receiver.

Accommodation

Ground Floor: (Flat 1a) Entrance, lounge/bedroom, storage room, kitchen, shower room, w/c
First Floor: (Flat 1b) please note no internal inspection was carried out by auctioneers however we are informed it comprises; Hallway, lounge, kitchen, 2 bedrooms, bathroom
Outside: Rear yard area

Tenancies

Flat 1 sold to be sold with vacant possession but should let at £550.00 pcm
Flat 2 let at £525 pcm £6,300 p/a
Potential annual income when fully let £12,900 p/a

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 sarah@paulfoshlettings.com for invaluable advice

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 £1,200) 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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