Lot 76 - Flat 1, 266 Newport Road, Cardiff, CF24 1RS
Guide Price* : £59,000+
- Unconditional Online Auction Sale
- 1 Bedroom
Residential Investment
Description
ONLINE AUCTION from 7th DECEMBER-9th DECEMBER
An opportunity to acquire a ground floor, one bedroomed, virtually Freehold flat let to a well established tenant. The property is situated in a convenient location for access to Cardiff city centre and Roath with its excellent range of shopping facilities and amenities and good road links to the M4 motorway.
Accommodation
Ground Floor: Entrance, lounge, kitchen, bedroom, bathroom
Outside: Front and rear gardens
Tenancies
Let on AST at £520 pcm (£6,240 pa)
Tenure
Advised Leasehold - 999 years from 27 September 2019 - 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* : £59,000+
- Unconditional Online Auction Sale
- 1 Bedroom
Residential Investment
Viewing
No internal viewings
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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