Lot 70 - Flat 11, 11 Paget Road, Barry, CF62 5TQ

  • Unconditional Online Auction Sale
  • Guide Price* : £73,000+
  • Bedrooms: 1

Lot 70 - Residential Investment

Description

ONLINE AUCTION from 25th JULY-27th JULY

An opportunity to acquire a well presented and maintained one bedroom penthouse apartment which is sold with an established tenant of two years, who has indicated they are very keen to remain. The flat benefits from an attractive kitchen with appliances and modern bathroom suite and there are four under eves storage areas.

The property is situated in a delightful position overlooking Barry Island Promenade and beach and close to local amenities and shops. The town of Barry has seen a significant amount of regeneration and investment over the last decade or so and benefits from good road links to Cardiff and the M4 .

Please Note: The internal photos were taken prior to the tenant taking occupation. We have also been informed that there are numerous items of furniture included in this sale which will be listed in the legal pack.

Accommodation

Ground Floor: Communal access hallway and stairs to 3rd floor
Flat: Entrance hallway, lounge, kitchen with built in storage space, bedroom, bathroom
Outside: Allocated secure parking space

Council Tax Band

B

Tenancies

Let at £700.00 pcm (£8,400 per annum)

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.

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