Lot 28 - Portfolio of 4 Houses for Investment, 2 x Greys Place, Windsor Street & Leigh Terrace, Merthyr Tydfil, Mid Glamorgan, CF48 4RR

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Lot 28 - Portfolio of 4 Houses for Investment, 2 x Greys Place, Windsor Street & Leigh Terrace, Merthyr Tydfil, Mid Glamorgan, CF48 4RR

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Guide Price* : £227,000 +

  • Unconditional Online Auction Sale
  • 3 Bedrooms

Lot 28 - Portfolio of 4 Houses for Investment

Description

ONLINE AUCTION from 8th NOVEMBER - 10th NOVEMBER

A rare opportunity to acquire a portfolio of four houses with tenants in situ. Two 3 bed semi detached properties (neighbouring) in Merthyr Vale – situated in a picturesque area being close to the Merthyr Vale railway station. A mid terraced 3 bedroom property in the popular area of Treharris situated in a no through road with far reaching countryside views and excellent commuter links via the A472/A470. A mid terraced 2 bedroom property in Troedyrhiw, Merthyr Tydfil, situated in a no through road and benefitting from far reaching views. The total rental for the four properties is £21,120 per annum. The tenants have indicated that they would like to stay.

Troed-y-rhiw is a large villlage in the county borough of Merthyr Tydfil, Wales. It features the Troed-y-rhiw railway station. Merthyr Vale is a linear village in the Welsh county borough of Merthyr Tydfil. Lying on the A4054 road it is on the east bank of the River Taff. The community includes the villages of Aberfan on the opposite side of the Taff, Mount Pleasant and the village of Merthyr Vale itself. Merthyr Vale railway station is a railway station serving the villages of Merthyr Vale and Aberfan in Merthyr Tydfil, Wales. It is located on the Merthyr branch of the Merthyr Line. Treharris is a small town in the Taff Bargoed Valley in the south of Merthyr Tydfil County Borough, South Wales. It is located about 0.6 miles (1.0 km) west of Trelewis, from which it is separated by the Taff Bargoed river, and 0.9 miles (1.4 km) from Nelson in Caerphilly county borough. Treharris includes the villages of Quakers Yard and Edwardsville. Due to steepness and narrowness of both the Taff and Taff Bargoed valleys at Treharris several notable bridges and viaducts have been built in the area.

VIRTUAL TOUR

Accommodation

12 Leigh Terrace, Treharris CF46 5DW
Ground Floor: Open plan lounge/dining room, kitchen
First Floor: 3 bedrooms, bathroom
Outside:Rear terraced garden with rear lane access

17 Windsor Street, Troedyrhiw CF48 4HE
Ground Floor: Open plan lounge/dining room, kitchen, bathroom
First Floor: 2 bedrooms
Outside: Rear garden

7 Greys Place, Merthyr Vale CF48 4RR
Ground Floor: Open plan lounge/dining room, kitchen
First Floor: 3 bedrooms, bathroom
Outside: Front garden, rear courtyard area

8 Greys Place, Merthyr Vale CF48 4RR
Ground Floor: Lounge/dining room, kitchen
First Floor: 3 bedrooms, bathroom
Outside: Front garden, rear courtyard area

Tenancies

The properties are let on AST as follows:

12 Leigh Terrace, Treharris CF46 5DW let at £450 pcm (£5,400 p/a)

17 Windsor Street, Troedyrhiw CF48 4HE let at £400 pcm (£4,800 p/a)

7 Greys Place, Merthyr Vale CF48 4RR let at £465 pcm (£5,580 p/a)

8 Greys Place, Merthyr Vale CF48 4RR let at £445 pcm (£5,340 p/a)

INVESTORS: If you are looking for assistance in tenant find and/or management packages, information on rental income/interest potential we have a Lettings Department that can help you. Please call us or email rhys@paulfoshlettings.com for invaluable advice.

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* : £227,000 +

  • Unconditional Online Auction Sale
  • 3 Bedrooms

Lot 28 - Portfolio of 4 Houses for Investment

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Paul Fosh Auctions

info@paulfoshauctions.com 01633 254044

Office Contact

Angie Davey

angie@paulfoshauctions.com
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Lot 28 - Portfolio of 4 Houses for Investment, 2 x Greys Place, Windsor Street & Leigh Terrace, Merthyr Tydfil, Mid Glamorgan, CF48 4RR

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