• studio Flat

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Property description

FOR SALE BY PUBLIC AUCTION: The auction will take place online on 14th May 2024 at 05:42 PM with registration through our website.

Freehold interest only in this mid-terrace three storey property comprising three apartments, in Cogan, Penarth.

Description
Freehold interest only in this mid-terrace three storey property comprising three apartments, in Cogan, Penarth.

We are informed that ground rents total approximately £50 per year and that two apartments have relatively short leases which may look to extend in the coming years. However, please examine the legal pack for confirmation of all lease and tenure information.

Estate Agents Act 1979 In accordance with the terms of the above Act it is necessary to mention where any member of staff or relation of any member of staff has a direct or indirect interest in a property or share of a Company owning such property or interest therein, this must be stated accordingly. This applies to this lot.

Informed Freehold please refer to legal pack for verification of tenureAdditional Fees
Buyer's Premium 1.2% with a minimum of £1,200 (inc of VAT) payable on exchange of contracts. Please refer to the legal pack for any further disbursements to be paid by the purchaser on completion.

Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction.

Further Information
Auctioneers Office, Seel and Co[use Contact Agent Button]

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110 Windsor Road, Penarth CF64

Marketed by

Seel & Co Auctions - Cardiff Desg, 1-13 Penhill Rd, Pontcanna Cardiff, Wales CF11 9PQ Contact agent

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The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by Seel & Co Auctions - Cardiff. Placebuzz does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Seel & Co Auctions - Cardiff for full details and further information.
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