For Sale By Auction | 12:00, 05 February 2025

42 King Street, Pontypridd, Rhondda Cynon Taff CF37 1RR

*Guide | £139,000 (plus fees)

  • Terraced House
  • 5 Bedrooms
  • Tenure: Freehold

Call the team on 02920 475 184 for more information

Auction Date

Wed 05/02/2025

Auction Time

12:00

Auction Venue

ONLINE

5 Bedroom Fully Licenced HMO Residential Investment

An opportunity to acquire a 5 bedroom fully occupied HMO bay fronted property, currently let at £1700 p/c/m, therefore currently producing an gross annual income of £20,400 per annum. (Please refer to the legal pack for confirmation). No internal inspection has been carried out; however, we are informed that the property has been recently refurbished. We are also advised that the current managing agent would be happy to continue the management of the house. The house located close to the University Campus at Treforest whilst also offering good access to the A470 and M4. A good range of shops and amenities along with several schools are locally positioned. Accommodation

Tenure

Freehold

Council Tax Band B

Ground Floor:

Hall, bedroom, communal lounge through to kitchen/dining room, 2 x bathroom.

First floor:

Landing, four bedrooms.

Outside:

Garden to rear.

Tenancies:

The property is currently let at £1700 per calendar month, therefore producing a gross annual income of £20,400 per annum.

Viewings:

Through Auction House Wales on 02920 475184

Energy Efficiency Rating (EPC)

Current Rating C

Local Authority

Rhondda Cynon Taff County Borough Council

Solicitors

Ackland & Co Solicitors, 68 Llandaff Road, Ref: Ackland & Co Solicitors, Tel: 07970 564 504

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

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.

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Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.