Lot 9 - 33B & 33C High Street, Llanhilleth, Abertillery, Gwent, NP13 2JP
- Unconditional Online Auction Sale
- Guide Price* : £59,000+
- Bedrooms: 2
- Bathrooms: 2
- Reception Rooms: 2
Two Flats For Residential Investment
Description
An excellent investment opportunity comprising an end of terrace property arranged as two self-contained one-bedroom flats.
The first-floor flat is presented in good condition and is currently tenanted, providing immediate rental income. The ground-floor flat requires refurbishment, offering scope to add value and increase future returns.
The property also benefits from a forecourt to the front and a rear garden area, providing useful outdoor space.
Conveniently situated just a short distance from local amenities and Llanhilleth railway station, which offers direct links to Cardiff and Newport in the south and Ebbw Vale in the north, the location makes this property ideal for commuters.
With potential for strong rental yields and further capital growth, this property represents an ideal investment opportunity.
Accommodation
Flat 33A - Entrance hallway, living room, kitchen,
Tenancy Details
Flat 33A - To be sold with vacant possession. Once renovated we would anticipate an achievable rent of £500-£550 per calendar month. Call our lettings team to discuss further.
Flat 33B - To be sold subject to a occupational tenancy agreement at £485 per calendar month. (£5,820 per annum)
Tenure
Tenure is advised Freehold
Auction Fees And Additional Costs
The purchaser will be charged a buyers premium of 1.20% of the sale price with a minimum fee 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.
Loading the bidding panel...
Agreement Documents
Additional Documents
Related Documents
Make an Enquiry
Submit an enquiry and someone will be in contact shortly.
Share
By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.