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Residential Development for sale

Glengarry House, Penpergwm, Abergavenny, NP7 9AT

Guide Price* £300,000

Property Description

Key features

  • Residential Invesment
  • Advised Freehold - to be verified by a solicitor
  • Flats are let on Assured Shorthold Tenancy Agreements as follows: Flat 1: £450 pcm annual income of £5,400 Flat 2: Vacant but has recently been let at £450 pcm...

Full description

FOR SALE BY AUCTION - Thursday 01 December 2016- THE PARK INN, LLANEDEYRN, CARDIFF

Residential Invesment
Glengarry House is located in the village of Penpergwm and has been converted to provide four self contained flats and an annexe, currently let on Assured Shorthold Tenancy Agreements with parking to the rear.

Ground Floor:
Flat 1: Entrance hallway, lounge, kitchen, bedroom, bathroom
Flat 2: Entrance, lounge, kitchen, bedroom, bathroom
First Floor:
Flat 3: Entrance hallway, lounge, kitchen, bedroom, bathroom
Flat 4: Entrance hallway, lounge, kitchen, bedroom, bathroom
Annexe: Entrance, lounge, kitchen/dining room, two bedrooms, bathroom
Outside: Each property has defined garden areas, pedestrian access to rear parking

Tenure:
Advised Freehold - to be verified by a solicitor

Tenancies:
Flats are let on Assured Shorthold Tenancy Agreements as follows:
Flat 1: £450 pcm annual income of £5,400
Flat 2: Vacant but has recently been let at £450 pcm annual income of £5,400
Flat 3: £400 pcm annual income of £4,800
Flat 4: £400 pcm annual income of £4,800
Annexe: £500 pcm annual income of £6,000
Total income £21,000 Potential income when fully let £26,400

Nearest station

  • Abergavenny (2.9 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Paul Fosh Auctions, Newport

87 Church Road, Newport, NP19 7EH

01633 966069 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest station

  • Abergavenny (2.9 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Paul Fosh Auctions, Newport

87 Church Road, Newport, NP19 7EH

01633 966069 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 54786. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Paul Fosh Auctions, Newport . Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Paul Fosh Auctions, Newport on 01633 254044.


Map data OpenStreetMap contributors.