Sold prior to auction, for an undisclosed amount

---

A freehold block of 7 spacious and refurbished apartments (1 x 2 bedroom, 6 x 1 bedroom) with good potential for high rental yields, vacant.

---

Description/Location

The building and flats are presented in good order and ready for occupation. LHA rates are £75 w (1 bedroom) and £92 w (2 bedroom) equivalent to a rent roll of £28,184 pa, we believe market rents are £400 pcm equivalent to £33,600 pa.

Tenure

Freehold

Local Authority

Rhondda Cynon Taf County Borough Council

Viewing

Please contact Elliott Network Auctions on 01923 240420

Accommodation

All measurements are taken from the EPC regsiter: Flat 1 - 49 sqm / 527 sq ft. Energy Rating D. Flat 2 - 52 sqm / 559 sq ft. C Flat 3 - 42 sqm / 452 sq ft. C Flat 4 - 59 sqm / 635 sq ft. D Flat 5 - 45 sqm / 484 sq ft. E Flat 6 - 28 sqm / 301 sq ft. D Flat 7 - 32 sqm / 344 sq ft. D

View Larger Map

View larger map on Google Maps.

*Guide Price & Reserves

Generally speaking Guide Prices are provided as an indication of each seller’s minimum expectation. 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.

The “Important Notes For Auction Buyers” at the front of the catalogue includes a definition of “Guide Price & Reserve Price”. All properties are subject to a purchaser’s administration fee of £1,500 + VAT unless otherwise stated in the addendum (£420 inc VAT for lots with guide prices up to £3,000). If the purchaser is liable for any further costs these will be stated within the Special Conditions of the legal pack, that have been produced by the seller’s lawyer, a copy of which can be downloaded from our website.