Lot 105 - Flat 1,2,3 & 4 Canberra House, 20.00, Coalway, Coleford, Gloucestershire, GL16 7JA

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Lot 105 - Flat 1,2,3 & 4 Canberra House, 20.00, Coalway, Coleford, Gloucestershire, GL16 7JA

Addendum

PLEASE NOTE: THE FLATS WERE ORIGINALLY BEING SOLD AS TWO SEPERATE LOTS.

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Guide Price* : £208,000+

  • Unconditional Online Auction Sale
  • 4 Bedrooms

Lot 105 - Four Flats for Occupation/Investment

Description

ONLINE AUCTION from 4th FEBRUARY-6th FEBRUARY

A two storey building comprising four self-contained, vacant flats. When fully let, the property is anticipated to generate a combined rental income of £2,120 per month.

Situated in the Forest of Dean, Canberra House on New Road in Coalway is within close proximity local amenities. Coalway and nearby Coleford offer a range of shops, cafes, schools, and essential services.

There are convenient road connections to Gloucester, Monmouth, and Chepstow, the property is well-positioned for commuting. Additionally, nearby attractions include Puzzlewood, Clearwell Caves, and the historic Tintern Abbey.

Services
The property benefits from gas, water & electric (not tested).

VAT
We have been advised that there is no VAT due on the sale of this property.

VIRTUAL TOUR FLATS 1 & 2

Accommodation

Ground Floor Flat 1: Kitchen, living room, bathroom, 2 bedrooms, accessed to the rear of the property
First Floor Flat 2: Storage cupboard to the ground floor, kitchen, living room, bathroom, 2 bedrooms
Ground Floor Flat 3: Accessed to the rear of the property, kitchen, living room, bathroom, bedroom
Ground Floor Flat 4: Accessed to the rear of the property, kitchen, living room, bathroom, 2 bedrooms

Council Tax Band

A

Tenancies

Flat 1 & 2: To be sold with vacant possession
Flat 3: Currently achieving a monthly rental income of £460 per a month.
Flat 4: Currently achieving a monthly rental income of £460 per a month.

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* : £208,000+

  • Unconditional Online Auction Sale
  • 4 Bedrooms

Lot 105 - Four Flats for Occupation/Investment

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Paul Fosh Auctions

info@paulfoshauctions.com 01633 254044

Joint Agent

Toombs & Toombs Property Consultants

dave@toombs.properties 01594 844444
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Office Contact

Debra Bisley

debra@paulfoshauctions.com
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Documents

Lot 105 - Flat 1,2,3 & 4 Canberra House, 20.00, Coalway, Coleford, Gloucestershire, GL16 7JA

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