Lot 62 - 30 High Street, Graig, Pontypridd, CF37 1QX
Guide Price* : £145,000+
- Unconditional Online Auction Sale
- 2 Bedrooms
Mixed Use Property with Investment Potential
Description
ONLINE AUCTION from 27th APRIL-29th APRIL
A substantial building, that has recently been refurbished and upgraded and comprises two good size, one bedroom flats, an office and two storage units. The property is situated a short distance from Pontypridd town centre, and the train station, and there are excellent road links to the A470.
This is an excellent opportunity for either a buy to let investor or a person looking to sell off the flats, and the office, and storage separately. The flats both have newly fitted kitchens with appliances, newly fitted bathrooms, and both have been redecorated and re carpeted.
The building benefits from UPVC double glazing and the flats from gas central heating (not tested).
Accommodation
Ground Floor: Office, communal hallway, shop with storage space, wc, further storage rooms to rear, stairs to;
Flat 1 Entrance hallway, lounge, kitchen, bedroom, bathroom
Flat 2 Entrance hallway, lounge, kitchen, bedroom, bathroom
Tenancies
Flat 1: currently let at £425 PCM
Flat 2: currently let at £475 PCM
Ground Floor Shop - Vacant although £300 PCM potential rent
Ground floor storage unit - Vacant although £50 PCM potential rent
Ground floor rear storage / small office - Vacant although £250 PCM potential rent
Total Projected rent - £18,000 per annum
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* : £145,000+
- Unconditional Online Auction Sale
- 2 Bedrooms
Mixed Use Property with Investment Potential
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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