Lot 64 - 37a Aberfan Road, Aberfan, Merthyr Tydfil, Mid Glamorgan, CF48 4QN
Guide Price* : £98,000+
- Unconditional Online Auction Sale
- 3 Bedrooms
LOT 64 - Residential/Commercial Investment
Description
ONLINE AUCTION from 12th APRIL-14th APRIL
A substantial freehold building comprising three self-contained flats and a lockup shop unit. The property is situated on a main road position in the centre of the village and has previously benefitted from substantial improvement works under a government grant. The building has had a replacement roof and re-render, a steel fire escape erected to the rear of the property, central heating to each of the flats (not tested) and UPVC double glazing.
Accommodation
Ground Floor Lockup shop/retail with store and wc
Flat 1: Hall, bathroom, kitchen, lounge/bedroom
First Floor
Flat 2: Hall, bathroom, kitchen, dining room, lounge/bedroom
Flat 3: Hallway, lounge, bedroom, kitchen, dining room, bathroom
Outside Enclosed side passage area giving access to court yard with access to ground and first floor flats
Tenancies
Flat 1 let at £350 pcm
Flat 2 let at £290 pcm
Flat 3 let at £270 pcm
Shop £180 pcm
Total annual income £13,080
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* : £98,000+
- Unconditional Online Auction Sale
- 3 Bedrooms
LOT 64 - Residential/Commercial Investment
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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