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Prices House, High Street, Abercarn, Caerphilly County Borough, NP11 5GR

PROPERTY TYPE

Block of Apartments

BEDROOMS

6

SIZE

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TENURE
Describes 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

For sale by online, unconditional auction on 16/10/2024 18:35

Guide Price: £160,000+

INVESTMENT OPPORTUNITY - BLOCK OF FOUR FLATS

A fantastic opportunity to acquire a semi-detached block of four apartments located in the desirable village of Abercarn. This fully self-contained property comprises 2 x one-bedroom and 2 x two-bedroom apartments, offering a strong mix of accommodation types suited to a wide range of tenants.

With three of the units currently tenanted, this property generates a solid rental income, while the vacant 1-bedroom apartment provides immediate potential to increase returns. The property is situated in a popular residential area, benefiting from close proximity to local amenities, excellent transport links, and beautiful surrounding countryside. The well-regarded Cwmcarn Scenic Drive is accessible just a short distance away.

Further benefits include gas-central heating (not tested) and double glazed windows.

Whether you're a seasoned investor or looking to expand your portfolio, this property offers a ready-made income stream with potential for further enhancement. An ideal investment with immediate potential.

Tenancy Details
Flat 1 (2-bed) £495 PCM 6 monthly contract - renewal date 5th December 2024 (EPC RATING D)
Flat 2 (2-bed) £525 PCM - 12 monthly contract renewal date 18th July 2025 (EPC RATING E)
Flat 3 (1-bed) £525 PCM 6 monthly contract (EPC RATING E)
Flat 4 (1-bed) £450 PCM 6 monthly contract has been served notice, due to vacate by 20th November 2024 (EPC RATING D)

Tenure
Tenure is advised Freehold - to be verified

Applicable Fees Please note: A Buyers Premium will be applicable to all lots sold at auction, this is charged at 0.01 inc. VAT of the final sale price (subject to a minimum of 995.00 inc. VAT).

Brochures

Legal DocumentsOnline Bidding
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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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent

Prices House, High Street, Abercarn, Caerphilly County Borough, NP11 5GR

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Newbridge Station1.3 miles
  • Crosskeys Station1.9 miles
  • Risca & Pontymister Station3.4 miles
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About Sage & Co Auctions, Cwmbran

Lakeside House lakeside Ct Cwmbran NP44 3GA

Sage & Co Auctions is a new, innovative and pioneering platform for buying and selling property.

It provides all the benefits synonymous with traditional auctions, including speed and certainty of sale, transparency and zero risk of gazumping or double-selling, but with the added advantage of being able to bid pressure-free from the comfort of your own home or office via desktop, tablet or mobile phone.

Here at Sage & Co Auctions, we are a modern auction house with traditional values. If you are looking for a quick-sale or perhaps you are a landlord looking to off-load a tenanted property, we can assist buyers no matter what your requirements may be. Auctions have significantly grown in popularity in recent years, and we aim to accommodate the whole market, whether it be a residential house, commercial shop, agricultural land or a site with development potential.

We cover all sectors and can assist you in achieving the best possible result, in a timely manner. Our hard-working, dedicated team will be on hand throughout the process to cater for your needs.

Get in touch! It would be great to hear from you. You can call us on 01633 838 888 (select option 3) or email us at info@sageandcoauctions.co.uk

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Disclaimer - Property reference 262049. 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 Sage & Co Auctions, Cwmbran. 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 Sage & Co Auctions, Cwmbran on 01633 603899.

*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.”

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
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