House For Sale £59,000
FOR SALE BY AUCTION - -Lot 21 - Flats for Investment
ONLINE AUCTION from 29th AUGUST-31st AUGUST
A sizeable end terrace property currently arranged as two flats. To the ground floor the property offers a one bedroom flat currently occupied and achieving £400 per calendar month (rent due to be increased in September 2023).
The top floor offers a spacious two bedroom flat benefitting from double glazed windows and gas central heating provided by a combination boiler (untested)
The current vendor has enjoyed good occupancy levels and we anticipate the top floor flat could achieve in the region of £500 per calendar month. The total potential income could be in excess of £10,000 PA making the property ideal for investment.
The property is located in a popular location close to local amenities, schools and the train station which offers direct lines to Cardiff City.
Ground Floor (uninspected): One bedroom, kitchen, bathroom, lounge
First Floor: Entrance, lounge, bathroom, kitchen, two bedrooms
Tenure:
Advised Freehold - to be verified by solicitor
Tenancies:
The Ground Floor is currently occupied at £320pcm (due for rent increase in September 2023 to £400pcm)
The First Floor is to be sold with vacant possession
ONLINE AUCTION from 29th AUGUST-31st AUGUST
A sizeable end terrace property currently arranged as two flats. To the ground floor the property offers a one bedroom flat currently occupied and achieving £400 per calendar month (rent due to be increased in September 2023).
The top floor offers a spacious two bedroom flat benefitting from double glazed windows and gas central heating provided by a combination boiler (untested)
The current vendor has enjoyed good occupancy levels and we anticipate the top floor flat could achieve in the region of £500 per calendar month. The total potential income could be in excess of £10,000 PA making the property ideal for investment.
The property is located in a popular location close to local amenities, schools and the train station which offers direct lines to Cardiff City.
Ground Floor (uninspected): One bedroom, kitchen, bathroom, lounge
First Floor: Entrance, lounge, bathroom, kitchen, two bedrooms
Tenure:
Advised Freehold - to be verified by solicitor
Tenancies:
The Ground Floor is currently occupied at £320pcm (due for rent increase in September 2023 to £400pcm)
The First Floor is to be sold with vacant possession
