COVID-19 – Important Auction Information
For Sale By Auction | 12:00, 24 March 2021 | Lot 10

Penllwyn, Talbot Road, Talbot Green, Pontyclun, Rhondda Cynon Taff, CF72 8AH

Sold £154,000

  • Semi-Detached House
  • 2 Bedrooms
  • Tenure: See Legal Pack

Call the team on 02920 475 184 for more information

Auction Date

Wed 24/03/2021

Auction Time

12:00

Auction Venue

ONLINE ONLINE,

Residential Investment-2 Flats

A semi detached house which has been split to form two x 1 bed apartments which we are informed are both currently let on AST’s, one of which is due to be vacant from the end of March. The property benefits from gardens to the front and rear along with hardstanding and a garage which provides off road parking. Within the legal pack will be a building survey that was carried out in December 2020. The report highlights an issue with the chimney, the surveyor was unaware that this problem had been fixed prior to his inspection and the plaster was in a drying out stage, there is also a quotation and confirmation within the legal pack of the works carried out. The property is in a popular location within close proximity to Talbot Green Shopping Centre and also local retail occupiers. Close to the town are schools, hospital and other amenities, excellent access is also offered to the M4.

Tenure

See Legal Pack

Ground Floor

Communal Entrance.

Ground Floor Flat

(Not inspected but we believe to comprise of): Entrance hall, lounge, kitchen, bedroom and bathroom.

First Floor Flat

Stairs to first floor flat, landing, entrance, lounge, kitchen, bedroom and bathroom.

Outside

Garden to the front laid with stone chippings and pathway to side leading to rear garden which is predominantly lawn with solid built storage shed, garage and hardstanding to the rear.

Tenancies

We are informed that both the flats are currently let on an AST at £450 p/c/m. However, the notice has been provided by the tenant on the ground floor who is due to vacate at the end of March. Therefore, the property is currently generating a gross annual income of £10,800 per annum.

Viewing Schedule

Strictly by appointment through the Auctioneers office on 02920 475184

Energy Efficiency Rating (EPC)

Current Rating D, D

Local Authority

Rhondda Cynon Taff County Borough Council

Solicitors

Alan Simons Solicitors, 5 Bradenham Place, Penarth, Vale of Glamorgan, CF64 5RH, Ref: Rob Wilcox, Tel: 02920 703991

Additional Fees

Buyer's Premium - 0.6% inc VAT of the purchase price payable on exchange of contracts.

Administration Charge - 0.25% inc VAT of the purchase price, subject to a minimum of £840 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.