Lot 32 - Flat for Owner Occupier/Investment
ONLINE AUCTION from 23rd JUNE - 25th JUNE
A ground floor flat presented in good order throughout with the benefit of a communal rear garden with rear access lane. The property provides a lounge, kitchen, bathroom and one bedroom. There is double glazing/gas central heating (not tested). Rear access to the garden is via a fire escape staircase. Due to tourism in the area the property could provide a valuable source of holiday let income. The property is to be sold with vacant possession. We anticipate a rental of approximately £800 pcm.
Penarth is a popular town and seaside resort in the Vale of Glamorgan, Wales, approximately 3 miles (4.8 km) south of Cardiff city centre on the west shore of the Severn Estuary at the southern end of Cardiff Bay. During the Victorian era Penarth was a highly popular holiday destination, promoted nationally as "The Garden by the Sea. The bustling town centre includes independent cafes and shops.
Ground Floor Lounge, Kitchen, 1 bedroom, bathroom
Outside Rear communal garden
To be sold with vacant possession
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 lettings@paulfoshlettings.com for invaluable advice.
Advised Leasehold- to be verified by solicitor
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.
Lot 32 - Flat for Owner Occupier/Investment
Paul Fosh Auctions
Angie Davey
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