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Flats at 10 Clare Road, Cardiff, CF11 6QL

Guide Price
£540,000
Reduced on 30/06/2021
Paul Fosh Auctions, Newport
PROPERTY TYPE
Block of Apartments

Key features

  • Advised Freehold - to be verified by solicitor

Property description

Tenure: Freehold

FOR SALE BY AUCTION - - Investment Opportunity
ONLINE AUCTION from 19th OCTOBER-21st OCTOBER

A substantial freehold building with 7 flats, all let and producing a fantastic rental return per annum. The flats occupy a sizeable plot approximately 100 Sq m/357 Sq ft and there may be scope for future development.

The property has been owned by the sellers for 20 years and has a history of strong occupancy levels and would be ideal for a landlord. The property is ideally situated for access to Cardiff city centre and Cardiff Bay and there are excellent transport links. The property is also in close proximity to the newly built Central Square and planned Central Quay development.

The flats all benefit from UPVC windows and gas central heating (not tested), with fitted kitchens and bathrooms.

VIRTUAL TOUR


Accommodation
FloorDescriptionRent
Block 1
Flat 1Lounge/kitchen, 2 bedrooms, bathroom£650 pcm
Flat 3Lounge/kitchen, 2 bedrooms, bathroom£580 pcm
Flat 4Lounge/kitchen, 2 bedrooms, bathroom£450 pcm
Flat 6Lounge/kitchen, one bedroom, bathroom£390 pcm
Flat 7Lounge/kitchen, 2 bedrooms, bathroom£550 pcm
Block 2
Flat 5 (maisonette)Hallway, dining room/kitchen, lounge, 3 bedrooms, bathroom£680 pcm
Flat 2Lounge/kitchen, one bedroom, bathroom£450 pcm
Total£3,750 pcm (£45,000 pa)
OutsideSizeable courtyard and parking for several vehicles



Tenure:
Advised Freehold - to be verified by solicitor

Flats at 10 Clare Road, Cardiff, CF11 6QL

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Cardiff Central Station0.4 miles
  • Ninian Park Station0.6 miles
  • Grangetown Station0.6 miles
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About the agent

Paul Fosh Auctions, Newport

108 Lower Dock Street, Newport, NP20 2AG

Paul Fosh Auctions was founded in 2001 and provides a quality auctioneering facility to estate agents, private clients, companies and statutory bodies across South Wales.

The Company is now widely regarded as the leading and indeed largest property auction house in Wales, selling more homes at auction than any other firm in the principality (Stats: Estates Gazette / Essential Information Group). Paul Fosh Auctions holds monthly sales at the Park Inn, Llanedeyrn, Cardiff.

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Disclaimer - Property reference 152027. 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.

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 966069.

*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.”

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