Lot 26 - Flat 2, 49 Ferry Road, Cardiff, CF11 7DW
- Unconditional Online Auction Sale
- Guide Price* : £51,000+
- Bedrooms: 1
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Lot 26 - Flat for Owner Occupier/Investment
Description
ONLINE AUCTION from 25th JULY-27th JULY
A refurbished studio flat which benefits from an open parkland view to the front. Being only approximately 5 minutes’ walk to Cardiff Bay the flat provides an open plan kitchen/sleeping/living area and bathroom. The property is to be sold with vacant possession. A great investment property given Cardiff University student rental demand in the area. We anticipate a rental of approximately £550pcm.
Cardiff is the capital and largest city of Wales and is the eleventh largest in the United Kingdom. Located in the south-east of Wales and in the Cardiff Capital Region, Cardiff is the county town of the historic county of Glamorgan . It belongs to the Eurocities network of the largest European cities. Cardiff is the main commercial centre of Wales as well as the base for the Senedd. In 2011, it ranked sixth in the world in a National Geographic magazine list of alternative tourist destinations. It is the most popular destination in Wales with 21.3 million visitors in 2017. Cardiff is a major centre for television and film production (such as the 2005 revival of Doctor Who, Torchwood and Sherlock). Cardiff Bay contains the Senedd building (home to the Senedd, the Welsh Parliament) and the Wales Millennium Centre arts complex. Work continues at Cardiff Bay and in the centre, on projects such as Cardiff International Sports Village, BBC drama village, and a new business district.
Accommodation
Ground Floor: Open plan kitchen/sleeping/living area and bathroom
Tenancies
To be sold with vacant possession
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 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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Documents
- Terms and Conditions for Unconditional and Conditional Online Auctions
- Reservation Fees & Deposits Explained
- Buyers Guide for Conditional Auctions
- Buyers Guide for Unconditional Auctions
- Sellers Guide for Conditional Auctions
- Sellers Guide for Unconditional Auctions
- Guide to Buying at Auction
Related Documents
Auction Finance
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