Lot 3 - Flat 3, 4 West Luton Place, Caerdydd, Caerdydd, CF24 0EW

  • Unconditional Online Auction Sale
  • Guide Price* : 79,000+
  • Bedrooms: 1
  • Bathrooms: 1

SECOND FLOOR APARTMENT FOR OWNER OCCUPIER / RESIDENTIAL INVESTMENT

Description

A 1-bedroom apartment located on the second floor of a well-maintained building, just a stone's throw away from Cardiff City Centre. This inviting flat is ideal for both owner occupiers and those looking for a residential investment.

Enjoy the vibrant lifestyle of Cardiff with easy access to shops, restaurants, and entertainment options, all within walking distance. The apartment features double glazing and gas central heating provided by a combination boiler. There is on-street, permit parking available outside the property also. There is also the added benefit of CCTV within the communal areas of the property.

The property is currently tenanted, offering an immediate rental income. The tenant has been served notice, providing flexibility for new owners. Don't miss out on this fantastic opportunity to own a convenient apartment in a sought-after location. Whether you're looking to invest or make it your own, it offers great potential. Contact us today to arrange a viewing.

*We are pleased to inform potential buyers that the freehold title for this property is available for acquisition through separate purchase and negotiation. This provides a unique opportunity to gain complete ownership and control over the property, offering long-term security and potential investment benefits. Interested parties are encouraged to discuss the terms and conditions directly with our auction team to explore this advantageous option further.*

Accommodation

Ground Floor- Communal entrance
2nd Floor - Entrance hallway, living/dining room, kitchen, shower-room

Tenancy Details

To be sold subject to an occupational contract at £475 per calendar month (please note: the tenant has been served notice)
The tenant has been issued a RHW12 which will implement a rent increase to £648.22 from 7th July 2024

Tenure

Tenure is advised leasehold

Council Tax Band

B

Auction Fees And Additional Costs

Please note: A Buyers Premium will be applicable to all lots sold at auction, this is charged at 1.2% inc. VAT of the final sale price (subject to a minimum of £995 inc. VAT).

Additional costs: The purchase of the property may be subject to (but are not limited to), VAT (if applicable), reimbursement of the seller’s search fees, reimbursement of seller’s legal and/or sales costs, stamp duty. Please check accompanying legal pack for further details.

* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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