We have for sale by Online Auction a 4-bed rental property in the popular village of Aberkenfig.
Kitchen Diner with garden access and 2 rooms into one lounge to the ground floor.
4 Bedrooms and a Family Bathroom to the first floor.
Excellent transport links and close to local amenities and schools.
Property is finished to a high standard, has all current and valid certification.
Property has Planning Permission for conversion to 4 bed HMO:
Currently tenanted at £880 pcm.
The property is available to mortgage purchasers call to discuss.
PLEASE NOTE
It is the responsibility of all purchasers to conduct their own investigation into all aspects of the property and seek legal advice. The Legal Pack will be available on our website prior to bidding commencing. Please note legal packs can be downloaded through The Property Auction House website. www.thepropertyauctionhouse.com
PAYMENTS
To bid online you will be required to pay a holding fee this will only be withdrawn from your account should you be the successful bidder. To exchange you will be required to pay a 10% deposit and sign the contract within 24 hours and complete the transaction paying the balance of funds within 28 days, (this timescale may vary and is negotiable. Always read the contract in the Legal Pack for confirmation).We always strongly recommend ensuring your finances are in place prior to the auction, due to the timescales involved.
A buyer’s premium fee is only payable should a property be sold pre auction, this fee is 1.5% subject to a minimum fee of £2,500+VAT.
AUCTION REGISTRATION IS NOW OPEN. THE AUCTION WILL COMMENCE MIDDAY MAY 8TH 2024 AND CONCLUDE MIDDAY MAY 9TH 2024.
Investment property currently earning £880pcm with planning for HMO conversion.
Close to local schools, shops and amenities.
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* 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.
By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.