Auction House London

Lot 59

Flat - Flats / Apartments 

Flats 1-10 St. Davids Church

Osborne Road, Pontypool, Gwent, NP4 6NN

Withdrawn Prior to Auction.

A Detached Former Church Converted to Provide Ten Self-Contained Flats (8 x Two Beds, 2 x Three Beds). Fully Let Producing £52,440 per annum.

Description

Location

The property is situated in the heart of Pontypool close to local shops and amenities. The open spaces of Brecon Beacons National Park are within easy reach. Transport links are provided by Pontypool & New Inn rail station.


Tenure (2nd Column)

Freehold

Viewing Details

Friday 15th July 12:00-12:30
Friday 22nd July 12:00-12:30

Bold Black Text

Current Rent Reserved £52,440 per annum.

The flats are all on separate leases and could be sold off individually. We are told that the break up value is £700,000-£750,000.



Accommodation & Tenancy Schedule

Property Floor Accommodation Tenancy Details Current Rent
Flat 1 Ground 2 Bed Flat AST at £420 pcm £5,040 pa
Flat 2 Ground 2 Bed Flat AST at £420 pcm £5,040 pa
Flat 3 Ground 2 Bed Flat AST at £450 pcm £5,400 pa
Flat 4 First 2 Bed Flat AST at £400 pcm £4,800 pa
Flat 5 First 2 Bed Flat AST at £400 pcm £4,800 pa
Flat 6 Ground 2 Bed Flat AST at £400 pcm £4,800 pa
Flat 7 Ground 2 Bed Flat AST at £420 pcm £5,040 pa
Flat 8 Ground 2 Bed Flat AST at £420 pcm £5,040 pa
Flat 9 First 3 Bed Flat AST at £420 pcm £5,040 pa
Flat 10 First 3 Bed Flat AST at £400 pcm £4,800 pa

Additional Fees and Disclaimer

Administration charge: £1,500 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.

Guides 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. Each 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.

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. Viewings are carried out by third party agents and we will endeavour to give appropriate notice should the published viewing time change. Auction House London will not be liable for any costs or losses incurred due to viewing cancellations or no shows. 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.

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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

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Enquire about Flats 1-10 St. Davids Church, Osborne Road, Pontypool, Gwent, NP4 6NN

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