House For Sale £109,000
For sale by online, unconditional auction on 02/11/2022 18:45
Guide Price: £109,000+
Investment Opportunity/Develop to re-sell
A deceptively large, mid-terraced building in the popular area of Aberbargoed. The building is currently registered as two flats but has recently received approved planning permission to create a third flat. It is located in a popular and convenient location within close proximity to shops and other local amenities. The towns of Bargoed and Blackwood are a short distance away, providing a greater selection of shops and facilities. Bargoed offers a train station with direct links to Cardiff city centre in the south.
The property currently benefits from double-glazing and gas central heating (not tested). There is also rear-access available to the building, with a large garage structure already in situ.
This property may interest those looking to develop and re-sell or those looking to create a high-yielding investment. We would anticipate an achievable rental figure in the region of £495 for each flat once completed. This would be a potential annual income of £17,820.
Accommodation
Planning permission has been approved on reference 21/0938/full
Tenancy Details
To be sold with vacant possession
Tenure
Advised Freehold - to be verified by a solicitor.
Applicable Fees
Please note: A Buyers Premium will be applicable to all lots sold at auction, this is charged at 1.1% of the final sale price (subject to a minimum of £795). Please note these fees are inclusive of VAT.
Guide Price: £109,000+
Investment Opportunity/Develop to re-sell
A deceptively large, mid-terraced building in the popular area of Aberbargoed. The building is currently registered as two flats but has recently received approved planning permission to create a third flat. It is located in a popular and convenient location within close proximity to shops and other local amenities. The towns of Bargoed and Blackwood are a short distance away, providing a greater selection of shops and facilities. Bargoed offers a train station with direct links to Cardiff city centre in the south.
The property currently benefits from double-glazing and gas central heating (not tested). There is also rear-access available to the building, with a large garage structure already in situ.
This property may interest those looking to develop and re-sell or those looking to create a high-yielding investment. We would anticipate an achievable rental figure in the region of £495 for each flat once completed. This would be a potential annual income of £17,820.
Accommodation
Planning permission has been approved on reference 21/0938/full
Tenancy Details
To be sold with vacant possession
Tenure
Advised Freehold - to be verified by a solicitor.
Applicable Fees
Please note: A Buyers Premium will be applicable to all lots sold at auction, this is charged at 1.1% of the final sale price (subject to a minimum of £795). Please note these fees are inclusive of VAT.
