Lot 19 - Beatrix, 623 Watkiss Way, Cardiff, CF11 0SE

  • Unconditional Online Auction Sale
  • Guide Price* : £90,000+
  • Bedrooms: 2

Lot 19 - Apartment for Investment

Description

ONLINE AUCTION from 16th MAY-18th MAY

A fourth floor, two bedroom apartment located on the gated Victoria Wharf development in Cardiff Bay.

The apartment offers lounge, fitted kitchen, two bedrooms and bathroom. The master bedroom benefits from ensuite shower room. Further benefits include balcony offering waterside views and allocated parking.

The apartment further offers concierge, secure gated entry and is within walking distance of Cardiff Sports Village and Penarth Marina. The area also offers a range of bars and restaurants.

The property is currently tenanted and is generating £9,000 pa (£750 pcm) in rental income making this an ideal opportunity for those looking for buy to let investment.

Please Note: There is no EWS1 certificate for the building.

Please note the property is being offered on behalf of the receivers.

Accommodation

Ground Floor: Communal entrance, lifts and stairs
Fourth Floor: Entrance, lounge, kitchen, 2 bedrooms, bathroom, balcony
Outside: Allocated parking space

Council Tax Band

E

Tenancies

Currently tenanted at £9,000 pa.

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 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 £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.

Loading the bidding panel...

Office Contact

Viewing

Paul Fosh Auctions
01633 254044

Documents

Related Documents

Share