Lot 23 - 252 Newport Road, Cardiff, CF24 1RR

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Lot 23 - 252 Newport Road, Cardiff, CF24 1RR

Addendum

Withdrawn prior

Map view Bid now

Guide Price* : £257,000+

  • Unconditional Online Auction Sale

Residential Investment

Description

ONLINE AUCTION from 20th JULY-22nd JULY

A substantial bay fronted building comprising three self contained flats. The property is situated in a convenient location ideal for access to Cardiff city centre and Roath. The property is fully let and well managed and historically occupancy levels have been good.

The flats benefit from fitted kitchens and bathrooms and have UPVC double glazing and gas central heating (not tested).

VIRTUAL TOUR

Accommodation

Ground Floor: Flat 1 - Entrance hall, lounge, 2 bedrooms, kitchen, bathroom, access to rear garden
First Floor: Flat 2 - Entrance, lounge, kitchen, 2 bedrooms, bathroom
Second Floor: Flat 3 - Entrance, lounge, kitchen, bedroom, bathroom
Outside: Forecourt and rear garden

Tenancies

Flat 1 let on AST at £675 pcm
Flat 2 let on AST at £600 pcm
Flat 3 Let on AST at £525 pcm
Total income £1800 per month (£21,600 p/a)

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* : £257,000+

  • Unconditional Online Auction Sale

Residential Investment

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Office Contact

Sean Roper

sean@paulfoshauctions.com 01633254044
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Documents

Lot 23 - 252 Newport Road, Cardiff, CF24 1RR

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