Guide price
£50,000
1 bed flat for saleSkaithmuir Road, Tremorfa, Cardiff CF24
1 bed
1 bath
1 reception
- Chain free
- Auction
- Leasehold
Allen & Harris - Roath, Cardiff
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About this property
Sale by Modern Auction (T&Cs apply)
Subject to an undisclosed Reserve Price
Buyers fees apply
In need of modernisation
Top Floor Flat
Lounge
Fitted Kitchen
Bathroom
Summary
no chain investment opportunity! This second floor flat is situated in tremorfa within walking distance of local amenities and within easy access to Cardiff City Centre. Fantastic opportunity for First Time Buyers or Buy To Let Investors. In need of modernisation throughout
description
investment opportunity! This second floor flat is situated in tremorfa within walking distance of local amenities and within easy access to Cardiff City Centre. The accommodation briefly comprises entrance hall, lounge, fitted kitchen, one double bedroom and bathroom. The property further benefits from gas central heating and double glazing. The property is in need of modernisation throughout but could be a fantastic option for first time buyers or Buy To Let Investors.
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.
Communal Entrance
Via door into:
Communal Hall
Stairs rising to the top floor flat.
Entrance
Via door into:
Hall
Loft hatch, radiator, vinyl tiled flooring, intercom system, electric consumer unit, built in cupboard and access to:
Lounge 15' 2" x 10' 9" ( 4.62m x 3.28m )
Double glazed window to front aspect, radiator and vinyl flooring.
Kitchen 8' 8" x 6' 9" ( 2.64m x 2.06m )
Fitted with a range of wall and base level units with complementary work surfaces over, sink unit, spaces for cooker, washing machine and fridge/freezer, vinyl flooring, radiator, wall mounted combi boiler and walk in pantry.
Pantry
Gas meter.
Double Bedroom 15' x 8' 6" ( 4.57m x 2.59m )
Double glazed window to front aspect, radiator and vinyl tiled flooring.
Bathroom
Fitted with a three piece suite comprising bath, WC and wash hand basin.
Leasehold Information
The vendor has advised of the below:
Length of Lease: Approx. 88 years left
Ground Rent: Approx. £21.78 per annum
Service Charge: Approx. £505.10 per annum
Building's Insurance Premium: Approx. £231.30
Communal Electric: Approx. £87.60
We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.
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 sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
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More information
Tenure
Leasehold (88 years)
Service charge
£505 per year
Council tax band
A
Ground rent
£22
Ground rent date of next review