Auction House / Wales

  • For Sale By Unconditional Online Auction
  • Guide Price* : £9,000
  • Bidding Opens 13/01/2025 13:00

5 x Freehold Ground Rent Investments & 2 x Gard..., Merthyr Tydfil, Mid Glamorgan, CF47 0SD

Bidding opens Monday 13th January 2025 at 13.00 and closes Tuesday 14th January 2025 at 13.00.

Description

Bidding opens Monday 13th January 2025 at 13.00 and closes Tuesday 14th January 2025 at 13.00.

5 x Freehold Ground Rent Investments & 2 x Garden Parcels in Residential Area

16 Mary Street, Merthyr Tydfil. CF47 0PY.
A freehold ground rent investment secured on a mid-terrace house.
We are advised that the remaining lease term expires on the 31st October 2052 (therefore 28 years unexpired), and that the current ground rent payable is £2.67 per annum.

14 Mardy Terrace, Merthyr Tydfil. CF47 0YA
A freehold ground rent investment secured on a terraced house.
We are advised that the remaining lease term expires on the 31st October 2052 (therefore 28 years unexpired), and that the current ground rent payable is £2.33 per annum.

Zion Vestry, Zion Chapel & Land to the Rear of Chapel, Merthyr Tydfil. CF47 0SD & CF47 0RG

Zion Vestry
A freehold ground rent investment which we are advised has the remaining lease term expiring on the 31st October 2063 (therefore 39 years unexpired), and with a current ground rent payable of £2.25 per annum.

Zion Chapel
A freehold ground rent investment which we are advised has the remaining lease term expiring on the 31st May 2789 (therefore 765 years unexpired), and with a current ground rent payable of £1.40 per annum.

Land to the rear of the Chapel
A freehold ground rent investment which we are advised has the remaining lease term expiring on the 30th April 2789 (therefore 765 years unexpired), and with a current ground rent payable of £2.10 per annum.

2 x garden parcels of land located at the rear of 5&6 St Johns Gardens, CF47 0TL. (please refer to plans).

Viewings: not available-please refer to plans.

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.

Buyers Premium

£600 inc VAT payable on exchange of contracts.

Administration Charge

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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* Guide | £9,000
  • Unconditional (Immediate Exchange)

Call the team on 02920 475184 for more information

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.