298-300 Holton Road, Barry, CF63 4HW
- PROPERTY TYPE
Semi-Detached
- BEDROOMS
9
- BATHROOMS
5
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Description
REDUCED - Multi-unit commercial/residential investment across two, three storey properties. Partly let and complete with some residential units to finish. Potential for substantial rental improvement in our opinion.
Description
End of terrace investment property comprising 2 three storey properties. The buildings themselves are of brick and stone construction under pitched tile roofs and also benefit from uPVC windows throughout.
The units are in various levels of condition and completion and briefly comprise;
298-300 Holton road commercial unit across the front of both buildings - Currently vacant. Previously let to a local clothing bank at £1,000 pcm (£12,000 pa)
298 - 2 x 1 bed apartments informed let to long standing tenants on AST's at £455 pcm each. (10,920 pa)
1 x 2 Bed maisonette, currently empty, and partially converted into two smaller apartments. This maisonette was previously
let for £550 pcm (£6,600 pa).
300 - 1 x large 1 bed flat, in generally good condition with some repair works needed in one room. Informed let until recently for £500 pcm (£6000pa)
4 bedroom maisonette, currently vacant. Previously let on license to VOG council adult services for £103.85 per week per room plus 4 x £20 per week service charge. (£21600.80 pa + £4160 pa)
Please note that previous total incomes when fully let of over £60,000, versus current informed income of £10,920pa. There is obviously potential for substantial improvement in these incomes in our opinion. However, please consult the legal pack for verification of all tenancies, licenses and incomes.
Further images and detail to follow.
Accommodation
298 Holton Road
GF - Part of Commercial unit. Rear maisonette - partially converted to two units.
FF - Rear maisonette first floor. FF Flat - Hall, Sitting room, bedroom, kitchen, bathroom.
SF - SF flat - Hall, Sitting room, bedroom, kitchen, bathroom.
OS - Overgrown fenced off garden, rear yard entrance to maisonette.
300 Holton Road
GF - Part of commercial unit. Rear flat - Sitting room, bedroom, kitchen, shower room.
FF - Maisonette - landing, kitchen/living area, bathroom, two bedrooms
SF - Landing, two further bedrooms to maisonette.
OS - Rear yard.
Informed Freehold please refer to legal pack for verification of tenureAdditional Fees
Buyer's Premium 1.2% with a minimum of £1,200 (inc of VAT) payable on exchange of contracts. Please refer to the legal pack for any further disbursements to be paid by the purchaser on completion.
Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction.
Further Information
Auctioneers Office, Seel and Co
Viewing
Viewing by appointment with Seel and Co
Brochures
Legal DocumentsOnline BiddingEnergy performance certificate - ask agent
Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.
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298-300 Holton Road, Barry, CF63 4HW
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Barry Docks Station0.4 miles
- Cadoxton Station0.5 miles
- Barry Island Station1.3 miles
About the agent
Seel & Co?s property auction department was established in April 2000 and since then the team have disposed of nearly a quarter of a billion pounds of assets and sold approximately 3,500 lots. Seel & Co are expert in the disposal of both residential and commercial property including retail, industrial, offices and licensed trade as well as development land & property, commercial and residential ground rents (and wasting Leasehold interests), commercial and residential investments and agricult
Notes
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Visit our security centre to find out moreDisclaimer - Property reference 246055. 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 Seel & Co Ltd, Cardiff - Auctions. 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 Seel & Co Ltd, Cardiff - Auctions on 029 2271 6399.
*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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