Lot 40 - 5 Heol Broadland, Barry, South Glamorgan, CF62 5AE
Lot 40 - 5 Heol Broadland, Barry, South Glamorgan, CF62 5AE
Guide Price* : £85,000+
- Unconditional Online Auction Sale
- 1 Bedroom
- |
- 1 Bathroom
Lot 40 - APARTMENT FOR INVESTMENT
Description
ONLINE AUCTION from 10th - 12th November
An opportunity to acquire a one bedroom apartment ideally positioned for access to local amenities and transport links.
The apartment benefits from secure entry, fitted kitchen, lounge and shower room. The outside also offers allocated parking.
Ideal for buy to let investment, typically one bedroom apartment in Barry can achieve approximately £750–£850 per calendar month depending on standard.
Situated within an established residential area, the property is conveniently located for Barry town centre, local shops, supermarkets and the Waterfront, and Barry Island railway stations providing connections towards Cardiff and beyond.
The area benefits from road links via the A4055 and A4231, connecting to the wider Vale of Glamorgan and the M4 motorway network.
Service Charge - £1288.28 Per year
Accommodation
Ground Floor:Communal entrance
First Floor:Flat entrance, Lounge, Kitchen, Shower room, Bedroom
Outside:Parking space
Annual Service Charge: £646.04
Annual Ground Rent: £37.50
Council Tax Band
C
Lease Start Date
01/11/1999
Lease Duration
125 years (98 years unexpired)
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.
* 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* : £85,000+
- Unconditional Online Auction Sale
- 1 Bedroom
- |
- 1 Bathroom
Lot 40 - APARTMENT FOR INVESTMENT
Viewing
Paul Fosh Auctions
Office Contact
Gemma Vaughan
Documents
Legal Documents
Log in to view legal documentsAuction 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.
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