House For Sale Freehold Reversion, Albany Road, Cardiff, CF24 3RQ, CF24

£4,000

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We appreciate the listed price showing isn’t necessarily the price you would buy this property for, as it is in auction. However, we hope some confidence can be gained from our system successfully being able to identify this as potentially below market value.

Key Features

  • Advised Freehold - To Be Verified By Solicitor
  • Flat 1 - 150 Years From 11/12/18 (£3100 Per Annum)nshop/flat 2 - 999 Years From 04/12/18 (no Income)nflat 3 -150 Years From The 11/12/18 (£3100 Per Annum)nflat 4 - 150 Years From The...
Last Updated: 1st January 1970

Description

FOR SALE BY AUCTION - - Freehold Reversion
ONLINE AUCTION from 8th JUNE-10th JUNE

A Freehold reversion secured on a property comprising ground floor retail unit and five flats.

The property is situated in the popular location of Albany Road in Cardiff.

Tenure:
Advised Freehold - to be verified by solicitor

Tenancies:
Flat 1 - 150 years from 11/12/18 (£100 per annum)
Shop/Flat 2 - 999 years from 04/12/18 (no income)
Flat 3 -150 years from the 11/12/18 (£100 per annum)
Flat 4 - 150 years from the 11/12/18 (£100 per annum)
Flat 5 - 150 years from the 15/02/20 (£100 per annum)
Total annual income £400 per annum
Agent Details
Paul Fosh Auctions
108 Lower Dock Street,Newport,NP20 2AG

Investment Analysis

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Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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