Lot 20 - 11 Ruby Street (block of 4 flats), Cardiff, CF24 1LP
Lot 20 - 11 Ruby Street (block of 4 flats), Cardiff, CF24 1LP
Addendum
New guide price
Please note annual income is £47.040 (p/a) please refer to legal pack
Guide Price* : £360,000+
- Unconditional Online Auction Sale
- 6 Bedrooms
Lot 20 - Residential investment
Description
ONLINE AUCTION from 3rd OCTOBER - 5th OCTOBER
A block of four flats comprising 3 x 1 bedroom and 1 x 3-bedroom flats. The property is fully let and has been managed and maintained by the same family for many years with excellent occupancy levels throughout. The flats benefit from fitted kitchens with appliances and attractive bathroom suites. The property is fully UPVC double glazed.
The property is just a short stroll from local shops and amenities and is within walking distance to Cardiff city centre with its wealth of shops,restaurants, bars and transport links including Train station. There are good road links to the M4.
Virtual Tour:
Accommodation
| Block | Floor | Description |
|---|---|---|
| Ground | Communal entrance hallway | |
| Ground | Flat - 1 Entrance, kitchen/lounge, bedroom, bathroom | |
| Ground | Flat 2 Entrance Kitchen/Lounge Bedroom Bathroom | |
| First | Flat 3 (no internal inspection has been carried out by auctioneers however we belive it comprises ) Entrance Lounge/Kitchen, 3 bedrooms, bathroom | |
| First | Flat 4 - Entrance Stairs landing Lounge/kitchen Bedroom Bathroom.. | |
| Outside: | Rear garden (access for flats 1 & 2) |
Tenancies
The flats are let at £3850 pcm (£46,200 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/admin fee of 1.5% of the purchase price (subject to a minimum of £1,500 for sale prices between £1 and £50,000 or subject to a minimum of £2,400 for sale prices of £50,001 upwards) 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.
Guide Price* : £360,000+
- Unconditional Online Auction Sale
- 6 Bedrooms
Lot 20 - Residential investment
Viewing
Paul Fosh Auctions
Office Contact
Sean Roper
Documents
Auction Finance
As a trusted partner of Paul Fosh Auctions, Together could offer the auction finance you need, when you need it. Visit togethermoney.com for more information.
If considering a mortgage, we advise that you inspect and consider the property carefully with your lender before bidding.
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