Lot 71 - Apartment 23 The Grand, 5-7 Westgate Street, Cardiff, CF10 1AR
Guide Price* : £87,000
- Unconditional Online Auction Sale
- 1 Bedroom
Lot 71 - Residential Investment
Description
ONLINE AUCTION from 9th APRIL - 11th APRIL
An opportunity to acquire a ground floor apartment that is sold with a tenant who has been in occupation for approximately 8 years and are keen to remain long term.
The property is well presented and is situated in the heart of Cardiff within a short distance of the wealth of shops, bars and restaurants that Cardiff has to offer and a short walk from the Principality Stadium, the castle and Bute Park.
The flat benefits from fitted kitchen with appliances, fitted bathroom and has electric storage heaters (not tested).
VIRTUAL TOUR
Accommodation
Ground Floor: Entrance, kitchen, lounge, steps to mezzanine bedroom area, bathroom
Council Tax Band
D
Lease Start Date
01/01/2002
Lease Duration
999 years (977 years unexpired)
Annual Ground Rent
£120
Annual Service Charge
£3,584
Tenancies
Let at £775 pcm (£9,300 per annum)
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/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* : £87,000
- Unconditional Online Auction Sale
- 1 Bedroom
Lot 71 - 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.
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