For Sale By Auction | 12:00, 11 December 2024 | Lot 42

5 x Freehold Ground Rent Investments, Merthyr Tydfil, Merthyr Tydfil CF47 0PY

*Guide | £14,000 (plus fees)

  • House (unspecified)
  • Tenure: Freehold

Call the team on 02920 475 184 for more information

Auction Date

Wed 11/12/2024

Auction Time

12:00

Auction Venue

ONLINE

5 x Freehold Ground Rent Investments

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.

Tenure

Freehold

Local Authority

Merthyr Tydfil County Borough Council

Solicitors

James Davenport Vaughan & Co, 8A High Street, Ref: James Davenport Vaughan & Co, Tel: 01982 552331

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.

Additional Fees

Buyer's 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.

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