Bidding opens Monday 21st August 2023 at 13:00 and closes Tuesday 22nd August 2023 at 13:00.
Mid Terraced Residential Investment
A traditional two bedroom three storey mid terraced house having pointed stone elevations beneath a pitched slate roof covering benefiting from double glazed (UPVC) fenestration and gas central heating (not tested) via a combination boiler. We have been informed that the house is currently let on a verbal agreement at a rental amount of £595 pcm to an established tenant who would be agreeable to signing an assured shorthold tenancy agreement with the successful purchaser.
The house is located close to local shops, schools, amenities and transport links serving Pontypridd and Cardiff.
NB. The property is leasehold. The term is 50 years remaining from 1st May 1993. (approximately 20 years remaining) The current annual ground rent is £1,100 pa.
It is the buyers responsibility to make sure they are registered with Rent Smart Wales and to check all the necessary certificates are issued.
Ground Floor Entrance hall, lounge through to sitting room.
Lower Ground Floor Kitchen, dining room, bathroom.
First Floor Landing, two bedrooms, w/c.
Tenancies We have been informed that the house is currently let on a verbal agreement at a rental amount of £595 pcm to an established tenant who would be agreeable to signing an assured shorthold tenancy agreement with the successful purchaser.
Leasehold 50 years remaining from 1st May 1993.
Viewings Auction House Wales 02920 475184
Tenure: Leasehold
EPC Rating: D
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
£600 inc VAT payable on exchange of contracts.
1.2% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts.
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