For Sale By Auction | 17:00, 11 September 2019 | Lot 17

Flats 1, 2 & 3, 22 Aberfan Road, Aberfan, Merthyr Tydfil, CF48 4QL

*Guide | £90,000 + (plus fees)

  • Property For Sale
  • Tenure: See Legal Pack

Call the team on 02920 475 184 for more information

Auction Date

Wed 11/09/2019

Auction Time

17:00

Auction Venue

Village Hotel 29 Pendwyallt Road, Coryton, Cardiff, CF14 7EF

Viewing Times:

Thu 29 Aug

15:00-15:30

Residential Investment. Three Refurbished Flats.

An end of terraced building converted into three self contained refurbished maisonettes comprising of a large two bedroom unit on the first floor which is currently let, to the lower ground floor is a vacant spacious two storey two bedroom maisonette along with a vacant large one bedroom (with box room) two storey maisonette. We are advised that the property was completely refurbished within the last 3 years. The property is located on the high street through the village and benefits from good access to Merthyr Town Centre and A470 and is close to local shops, school, amenities and the train station.

Tenure

See Legal Pack

First Floor

Flat 1 - Lounge/dining room, kitchen/breakfast room, two bedrooms and bathroom.

Lower Ground Floor

Flat 2 - Lounge, kitchen, stairs to bedroom, box room (ideal nursery or study) and shower room. Flat 3 - Large open lounge/kitchen, stairs to two bedrooms and bathroom.

Outside

Steps at side of property leading to level sitting area and a further generous rear garden which has been sectioned off.

Tenancies

We are informed that Flat 1 is currently let on an AST at £350pcm, whilst the other three are vacant. Flat 2 has been let previously at £300pcm and Flat 3 at £350pcm. Therefore the property could be offered as a turn key residential investment generating a minimum of £1000pcm therefore providing a total annual income of £12,000 or more.

Viewing Schedule

Thursday 29th August 15.00-15.30

Energy Efficiency Rating (EPC)

Current Rating TBC

Local Authority

Merthyr Tydfil County Borough Council

Solicitors

RJM Solicitors, 34 Victoria Street, Merthyr Tydfil, CF47 8BW, Ref: Rynwen, Tel: 01685 373721

Additional Fees

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.