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PREVIOUSLY ARRANGED AS X4 FLATS SCOPE TO REFURBISH & MODERNISE CENTRALLY LOCATED TO RHYL TOWN CENTRE For sale via online unconditional auction unless sold prior under the auction terms. OPEN VIEWINGS (No need to confirm, just turn up). Friday 21st Feb | 12:00 - 12:30 Wednesday 5th Mar | 13:30 - 13:30 Guide Price: £120,000 - £140,000 (Plus Fees) Title Number: CYM236708 Council Tax Band: Please Refer to Gov.uk website as assumed X4 Flats at Band A. HMO Licence: Expired 15/01/2024 (4 Households / 9 Residents) Purchased back in 2006 for £180,000, this property has served well as an investment generating a flow of income through configuration of four flats. Demand for rentals in the area appears to remain high. The current dwelling would appear to be one unit, however, please conduct thorough due diligence in advance of any offer or bid. We believe parking permits are available through Denbighshire County Council; please conduct relevant investigations to confirm the same. PLEASE NOTE No appliances have been tested by Auction House. Any measurements are approximate. We recommend any would be bidders conduct their own due diligence in good time prior to the auction taking place. IMPORTANT INFORMATION Buying at auction is a contractual commitment, you are legally obliged to buy the lot on the terms of the sale memorandum at the price you bid. If you are the successful bidder, you are required to pay the deposit and auction fees immediately. As agent for the seller, we treat any failure to satisfy your obligations as your repudiation of the contract and the seller may then have a claim against you for breach of contract. You must not bid unless you wish to be bound by the common conditions of auction. Any purchasers choosing to buy without viewing in person are doing so at their own risk and acknowledge that the auctioneer will not be held responsible for any issues that may arise due to them being unintentionally missed from the video or sales particulars.
Tenure
Freehold
Local Authority
Denbighshire County Council
Solicitors
R.O.C.K Solicitors, 151 Balham Hill, Ref: R.O.C.K Solicitors, Tel: 020 8673 5819
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Buyer's Premium - £1800 inc VAT payable on exchange of contracts.
Administration Charge - £1200 inc VAT payable on exchange of contracts.
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.