Guide price
£225,000
5 bed flat for saleMargaret Street, Abercynon, Mountain Ash CF45
5 beds
4 baths
4 receptions
- Auction
- Freehold
Peter Alan - Aberdare
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About this property
Sale by Modern Auction (T&Cs apply)
Subject to an undisclosed Reserve Price
Buyers fees apply
Four individual flats
Profitable investment opportunity
Sold with Tenants in Situ
Good condition throughout
Modern Method of Sale
Summary
This impressive end-of-terrace property, segmented into four self-contained and well-maintained flats, offers a unique investment opportunity for those seeking a multi-unit asset with modern conveniences.
Description
We are pleased to present this impressive end of terrace property available for sale. A unique offering indeed, as the property is segmented into four individual flats, each in good condition. This property is an exceptional opportunity for investors seeking to add a multi-unit asset to their portfolio.
Each flat is well-proportioned and comes with its own kitchen and bathroom. The number of rooms in each flat is well balanced, with one reception room, one kitchen, one/two bedrooms, and one bathroom. Each flat is currently tennated and will be sold with tenants in situ.
The condition of the property is commendable, each flat has been maintained to a good standard, evident in the well-kept reception rooms, bedrooms, kitchens, and bathrooms. The property, in its entirety, exudes a sense of welcoming homeliness, combined with the convenience of modern living.
Moreover, the property benefits from being an end of terrace, providing more natural light and space compared to mid-terrace properties.The property also features storage underneath the property.
In summary, this property is an ideal purchase for an investor seeking a solid and profitable addition to their portfolio. It offers four well-maintained flats, each a perfect blend of comfort and functionality. An opportunity not to be missed.
Auctioneer's Comments
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded.
The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of no more than £349 inc. VAT towards the preparation cost of the pack. Please confirm exact costs with the auctioneer.
The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.
1. Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither Peter Alan nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.