Lot 57 - 1A, 1B & 1C Furnace Terrace, Neath, West Glamorgan, SA11 2EE
Guide Price* : £122,000 +
- Unconditional Online Auction Sale
- 4 Bedrooms
Lot 57 - Three Flats for Investment
Description
ONLINE AUCTION from 5th MARCH-7th MARCH
Set on a corner plot the property is currently arranged as three flats each with private entrances. The flats each provide lounge, kitchen and bathroom with two flats having one bedroom and one flat having two bedrooms. One flat is accessed via the street, two are accessed via the side gate and communal courtyard area. There is double glazing/gas central heating (not tested). Two of the flats are currently let and one is vacant, fully occupied the monthly rental was £1,350 pcm.
Neath offers good rail road links via the M4. Neath is a market town situated in the Neath Port Talbot County Borough, Wales. The town is located on the River Neath, seven miles (eleven kilometres) east-northeast of Swansea.
Virtual Tour:
Accommodation
Flat A Ground Floor:Lounge, kitchen, bathroom, 1 bedroom
Flat B Ground Floor: Lounge, kitchen, bathroom, 1 bedroom
Flat C First Floor: Lounge, kitchen, bathroom, 2 bedrooms
Outside: Gated communal courtyard to side giving access to Flats B & C
Council Tax Band
B
Tenancies
Flat A let at £425 pcm
Flat B vacant - previously let at £425
Flat C let at £500 pcm
Fully let the rental was £1,350 pcm (£16,200 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 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* : £122,000 +
- Unconditional Online Auction Sale
- 4 Bedrooms
Lot 57 - Three Flats for Investment
Viewing
Paul Fosh Auctions
Office Contact
Angie Davey
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.
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