Lot 31 - 17 Eustace Drive, Bryncethin, Bridgend, Mid Glamorgan, CF32 9PJ

Description

ONLINE AUCTION from 10th - 12th November

A ground floor two bedroom flat presenting an appealing opportunity for investors seeking an addition to their portfolio with the added benefit of a freehold title incorporating the subject flat and three further flats within the block.

The property offers good size living accommodation and comprises of lounge, fitted kitchen, wet room and two bedrooms. The property does benefit from a driveway to the front with the rear garden overing a sizeable patio area with storage shed.

For buy to let purposes, we would anticipate the property achieving approximately £750-£850 per calendar month. The additional freehold interest offers potential longer term investment benefits subject to verification of the title, lease arrangements and associated responsibilities. Buyers should consult the legal pack for full details of the leases, ground rents, service charges and freehold obligations.

Located in the Tondu area of Bridgend, the property benefits from access to local amenities, public transport links and nearby railway stations at Tondu and Sarn. Bridgend town centre provides a wider range of shopping, leisure and employment facilities, with road connections towards the M4 corridor and surrounding South Wales towns.

Accommodation

Ground Floor: Entrance Hallway, lounge, kitchen, two bedrooms, wet room
Outside: Driveway to front, rear enclosed garden

Council Tax Band

A

Tenancies

To be sold with vacant possession

Thinking of letting this property?
Paul Fosh Lettings, part of the Paul Fosh group, is run by investors for investors. We can give you free, no-obligation advice on this lot before auction day: the likely rent, local rental demand, and what you’d need to do to let it legally in Wales.

Buy this lot through Paul Fosh Auctions and we’ll halve the set-up fee on our fully managed service for this property.

Call 01633 746800 or email lettings@paulfoshlettings.com

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.