Lot 15 - 99 Bute Street, Treherbert, Treorchy, Mid Glamorgan, CF42 5NY
Guide Price* : £69,500 +
- Unconditional Online Auction Sale
- 2 Bedrooms
LOT 15 - Property for Investment
Description
ONLINE AUCTION from 12th APRIL-14th APRIL
A spacious freehold building comprising two flats. The ground floor flat is currently occupied by a long term tenant who is keen to remain and is currently paying £350 per calendar month.
The property has historically enjoyed excellent occupancy levels and would be an ideal purchase for a buy to let landlord. The property benefits from double glazing and each flat has gas central heating (not tested) provided by individual Combi boilers (not tested).
The property is ideally situated for access to Treorchy town centre with its excellent range of shopping facilities, amenities and train station.
Accommodation
Ground Floor: Flat 1 - (Communal entrance), entrance hallway, lounge, kitchen, bedroom, bathroom
First Floor: Flat 2 - Entrance, lounge, 2 bedrooms, kitchen, bathroom
Outside: Rear garden
Tenancies
Flat 1 let on an assured shorthold tenancy agreement at £350 pw (£4,500 pa)
Flat 2 to be sold with vacant possession
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* : £69,500 +
- Unconditional Online Auction Sale
- 2 Bedrooms
LOT 15 - Property for Investment
Viewing
Paul Fosh Auctions
Office Contact
Gemma Vaughan
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.
If considering a mortgage, we advise that you inspect and consider the property carefully with your lender before bidding.
By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.