2 x Spacious Three Bedroom 1st & 2nd Floor Maisonettes in Need of Refurbishment Throughout

An opportunity to acquire 2 x three bedroom maisonettes set out over two floors in need of full modernisation but benefiting from partial double glazing. At present, the two units are interconnecting, and we are advised by the client that the properties will be sold with 2 x new 999 year leases. The property would allow any incoming purchaser an opportunity to put their own stamp on the accommodation, in our opinion, the maisonettes would also suit a developer/ investor/landlord purchase. Similar two bedroom maisonettes in the same terrace benefiting from refurbishment have been let at circa £850 per calendar month. The property is located above a parade of retail units, close to local schools, parks and other amenities. Good access is also offered to Cardiff City Centre along with Newport from the A48/M4.

Tenure

See Legal Pack

58a Countisbury Avenue

First Floor: Hall, lounge/dining room, kitchen. Second Floor: Landing, three bedrooms, shower room.

60a Countisbury Avenue

First Floor: Hall, lounge/dining room, kitchen. Second Floor: Landing, three bedrooms, shower room.

Tenure

We are informed that 2 x new 999 year leases are being created with a peppercorn ground rent, please refer to the legal pack for further information.

Viewings

Via Auction House on 01633 212555.

Council Tax Band - TBC

Energy Efficiency Rating (EPC)

Current Rating F

Local Authority

Cardiff Council

Solicitors

Ronald Fletcher Baker, 77A Baker Street, Ref: Ronald Fletcher Baker, Tel: 0207 4675764

Additional Fees

Buyer's Premium - £600 inc VAT payable on exchange of contracts.

Administration Charge - 1.2% inc VAT of the purchase price, subject to a minimum of £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.