Auction House London

Lot 161

 

55 Glandwr Street

Abertillery, Gwent, NP13 1TZ

£7,500+

Guide Price (plus fees)

A Freehold Reversionary Ground Rent Investment Secured Upon a Mid Terrace Houses. The Unexpired Lease Term is 40 Years.

Description

The lot comprises a two bedroom mid terrace house sold off on a lease with 40 years unexpired.

Tenure

Freehold

Location

The property is situated on a residential road close to local shops and amenities. The open spaces of Abertillery Park are within easy reach. Transport links are provided by Ebbw Vale Parkway rail station.

Note

By way of information regarding the vacant possession value of houses on this road, both 54 and 76 Glandwr Street have sold in the last 12 months for £80,000 (source: land registry).

As of 4.7.22 No 57 Glandwr Street was listed for sale at £139,999 (correct at time of printing).

Column 1 Column 2 Column 3
Property Lease Ground Rent
55 Glandwr Street 99 years from 1st July 1963 (thus 40 years unexpired) £3

Additional Fees and Disclaimer

Administration charge: £1,200 including VAT unless otherwise stated in the addendum.

Buyers Premium and Disbursements: Please see the legal pack and the addendum for any disbursements and buyers premium that may be payable by the purchaser on completion.

Particulars including images and video tours on the website and within the catalogue are believed to be correct but their accuracy is not guaranteed. The auctioneers will always endeavour to inform prospective purchasers of variations to the catalogue, when such changes are brought to their attention. The auctioneers nor their clients can be held responsible for any losses, damages, or abortive costs incurred in respect of lots that are withdrawn or sold prior to auction. Information relating to Rating matters has been obtained by verbal enquiry only. Prospective purchasers are advised to make their own enquiries of the appropriate authorities. Prospective purchasers are deemed to verify for themselves whether tenanted properties are occupied and rents are being paid. All measurements, areas and distances are approximate only. Potential buyers are advised to check them. No representation or warranty is made in respect to the structure of any properties nor in relation to their state of repair. Prospective buyers should arrange for a survey of the particular lot by a professionally qualified person.

Download Legal PackView Details as PDFEnquire NowFinance AvailableStamp Duty CalculatorRegister to Bid
There are no internal viewings
For further information, please register for the legal pack. To speak to a member of our team about this lot, please call us on 020 7625 9007 or email us at info@auctionhouselondon.co.uk

Share this lot

Similar Properties

Lot 136

7 (AB,C & D) Mayplace Road East, Bexleyheath, Kent, DA7 6DR

*Please refer to auctioneer for more information

Enquire about 55 Glandwr Street, Abertillery, Gwent, NP13 1TZ

Sign-up for our newsletter

Get the latest lot details along with new blog posts, straight to your inbox

Services

  • Request Auction Valuation
  • Remote Bidding Registration
  • Online Auctions
  • Property Services

Auctions

  • Current Auction
  • Past Auctions
  • Lots still available
  • Guide to buying at auction
  • Guide to selling at auction
  • General Conditions of Sale
  • Register to Bid

Guides

  • Guide to buying at auction
  • Guide to selling at auction
  • Guide to buy online

About

  • About Us
  • Why Choose Us
  • Meet The Team
  • Privacy Policy
  • Complaints Procedure

Auction House London

5 Hampstead Gate, 1a Frognal, Hampstead, London NW3 6AL

Tel: 020 7625 9007
Fax: 020 7990 9979
Email: info@auctionhouselondon.co.uk
Auction House London
Site built by IVC
Copyright © 2022 Auction House London
Registered Address: 2 Cotton Street, Liverpool, Merseyside, L3 7DY Company No. 07048084
Footer Logos