Waiting for video...
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.
Ground Floor: Communal entrance, lifts and stairs
Fourth Floor: Entrance, lounge, kitchen, 2 bedrooms, bathroom, balcony
Outside: Allocated parking space
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 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 £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.
By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.