House for Investment
3 Gloucester Street, Cardiff CF11 6EL
No guide
22 May 2025
GUIDE PRICE
AUCTION DATE
- House
- 2 Bedroom(s)
ONLINE AUCTION from 20th MAY - 22nd MAY 2025 A mid terrace property a short distance away from the bustling shops/restaurants of Cardiff. We have not yet been able to inspect the property but the vendor informs us that there are two receptions, kitchen, two bedrooms, a bathroom and a rear garden. The property is currently let, similar properties in the area which are in good order are achieving a rental income of approximately £1,300 pcm. Cardiff is the capital and largest city of Wales. It belongs to the Eurocities network of the largest European cities. Cardiff is the main commercial centre of Wales as well as the base for the Senedd, the Welsh Parliament. Please Note: No viewings, tenant will not provide access. We have been informed by the Vendor that the Tenant in situ, since 2005 with no Tenancy contract, has not paid rent during this period. Refer to legal pack. Ground Floor: 2 reception rooms, kitchen First Floor: 2 bedrooms, bathroom Outside: Rear garden D To be sold with tenant in situ INVESTORS: If you are looking for assistance in tenant find and/or management packages, information on rental income/interest potential we have a Lettings Department that can help you. Please call us or email lettings@paulfoshlettings.com for invaluable advice. Advised Freehold - to be verified by solicitor Auction fees: The sale of each lot is subject to a buyer’s premium of 1.5% of the purchase price (subject to a minimum of £1,500) including VAT unless otherwise stated. Additional costs: The purchase of the property may be subject to (but are not limited to), VAT (if applicable), reimbursement of the seller’s search fees, reimbursement of seller’s legal and/or sales costs, stamp duty/land transaction tax (LTT). Please check accompanying legal pack for further details. * Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
3 Gloucester St, CF11 6EL
Guide Price
No guide
Auction Date
22 May 2025
End Time
17:38
Lot
22
Venue
Online
Auctioneer
Paul Fosh Auctions
Paul Fosh Auctions
Paul Fosh Auctions 108 Lower Dock Street Newport NP20 2AG
01633 254044
About Paul Fosh Auctions
Paul Fosh Auctions was founded in 2001 and provides a quality auctioneering facility to estate agents, private clients, companies and statutory bodies across Wales and the South West. We are now widely regarded as the leading, and indeed largest, property auction house in Wales, selling more properties at auction than any of our competitors.