Auction House / South Yorkshire
  • For Sale By Unconditional Online Auction
  • Guide Price* : £1
  • Auction Ended 13/09/2022
  • Lot 6

Freehold of 6 Romilly Avenue, Barry, South Glamorgan, CF62 6RB

FOR SALE VIA NATIONAL ONLINE AUCTION. BIDDING OPENS ON MONDAY 12TH SEPTEMBER AT 1PM AND CLOSES TUESDAY 13TH SEPTMBER FROM 1PM. REGISTER TO BID!

Description

A FREEHOLD GROUND RENT INVESTMENT SECURED UPON AN ATTRACTIVE BAY-FRONTED PERIOD PROPERTY FOR SALE VIA NATIONAL ONLINE AUCTION ON MONDAY 12TH SEPTEMBER AT 1PM WITH AUCTION HOUSE.

PLEASE REGISTER TO BID VIA OUR WEBSITE - AUCTIONHOUSE.CO.UK/SOUTHYORSHIRE.

FOR SALE VIA NATIONAL ONLINE AUCTION. BIDDING OPENS ON MONDAY 12TH SEPTEMBER AT 1PM AND CLOSES TUESDAY 13TH SEPTEMBER FROM 1PM. REGISTER TO BID!

FREEHOLD GROUND RENT INVESTMENT SECURED UPON - 6 ROMILY AVENUE, BARRY, SOUTH WALES, CF62 6RB, WHICH IS AN ATTRACTIVE DOUBLE-BAY FRONTED PERIOD PROPERTY LOCATED IN A VERY POPULAR SOUGHT-AFTER RESIDENTIAL AREA.

THE FREEHOLD INTEREST BEING SOLD IN THIS LOT IS LEASED SUBJECT TO THE REMAINDER OF A 999-YEAR LEASE, WHICH COMMENCED ON 2ND FEBRUARY 1906. THE PROPERTY PRODUCES A YEARLY GROUND RENT OF £3PA PAYABLE TO THE FREEHOLDER. THE LONG LEASEHOLDER OCCUPIER IS RESPONSIBLE FOR ALL REPAIRS, INSURANCE, AND MAINTENANCE OF THE PROPERTY THROUGHOUT THE REMAINDER OF THE LONG LEASE.

VERY IMPORTANT NOTICE - AT THE END OF THE ONLINE AUCTION, THE AUCTION BUYER WHOSE HIGHEST BID HAS BEEN ACCEPTED WILL BE UNDER A LEGALLY BINDING CONTRACT TO PURCHASE THE PROPERTY AT THE LAS BID AND MUST IMMEDIATELY PAY THE MINIMUM DEPOSIT OF 10% OF THE SALES PRICE OR £5,000 TO AUCTION HOUSE SOUTH YORKSHIRE BY BANK TRANSFER OR DEBIT CARD AND PROVIDE SOLICITOR DETAILS.

Tenure: Freehold

Important Notice to Prospective Buyers

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.

Administration Charge

Administration Charge is a non-refundable £1,200 inc VAT payable on the fall of the virtual gavel.

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* Guide | £1
  • Unconditional (Immediate Exchange)

Call the team on 0114 223 0777 for more information

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Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.

Note

  1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
  2. General : While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
  3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
  4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
  5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER AUCTION HOUSE NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.