Lot 56 - 2 Osborne Place Poplars Road, Mardy, Abergavenny, Gwent, NP7 6LL

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Lot 56 - 2 Osborne Place Poplars Road, Mardy, Abergavenny, Gwent, NP7 6LL

Addendum

Sold Prior

Guide Price* : £140,000+

  • Unconditional Online Auction Sale
  • 3 Bedrooms

Lot 56 - Residential Investment

Description

ONLINE AUCTION from 7th NOVEMBER-9th NOVEMBER

An opportunity to acquire a block of two self contained flats in the wonderful semi rural village of Mardy which lies just north of the bustling market town of Abergavenny. The flats will be sold with well established tenants who are keen to remain long term.

The flats benefit from UPVC double glazing and have economy 7 storage heating. Externally there is a wonderful rear garden and parking for two vehicles. The property may offer long term potential to extend or convert to one family dwelling (subject to necessary planning consent).

Virtual Tour:

Accommodation

Ground Floor: Communal entrance - Lounge, bedroom, kitchen, bathroom
First Floor: Entrance, lounge, kitchen, 2 bedrooms, bathroom
Outside: Forecourt, side area with parking leading to a wonderful rear garden

Council Tax Band

B

Tenancies

Flat 1 let at £450 pcm with scope to uplift in April 2024 (10%).
Flat 2 let at £450 pcm with scope to uplift in April 2024 (10%).
£10,800 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* : £140,000+

  • Unconditional Online Auction Sale
  • 3 Bedrooms

Lot 56 - Residential Investment

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Lot 56 - 2 Osborne Place Poplars Road, Mardy, Abergavenny, Gwent, NP7 6LL

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