This property is being sold by modern auction with no ongoing chain. Please read full description.
A great investment opportunity with good rental yield for these two flats in Evans Street, Kenfig Hill in need on modernisation. The two flats currently sit on one title so the titles would need to be split in order to rent them out separately to maximise a rental yield. The property is situated within walking distance of the local amenities and schools and has great transport links with M4 junction 37 and Pyle train station nearby. With the addition of Porthcawl beaches also just a short drive away. The property briefly comprises of a ground floor flat one bedroom flat with Lounge, Bedroom, Bathroom and Kitchen with a large garden to the rear with a garage and 1st floor 2 bedroom flat with Lounge, Kitchen, Bathroom and 2 double bedrooms plus a walk in wardrobe space.
Please quote reference SW0564 when enquiring about this property.
Property Details:
Ground floor - 1 bed flat
Entered through a part glazed UPVC door into
Hallway
Fitted carpet. Door to side into
Lounge 3.95m x 3.17m
Window to front. Fitted carpet.
Bedroom. 3.08m x 2.99m
Fitted carpet. Window to rear
Bathroom 2.11m x 1.39m
Three piece suite including shower sink and WC. Window to rear.
Kitchen 2.74m x 3.14m
A range of matching wall and base units with complementary worktops. Integrated electric oven gas hob. Sink and drainer. Space for washing machine. Space for under counter fridge freezer. Fitted carpet. Window to side. Door to side with access to
Rear garden
Enclosed with brick wall and wooden fence. Paved and lawned area with garage to rear.
First floor Two bedroom flat
Access via side gulley on ground floor. Entered via part glazed UPVC door into
Hallway
With fitted carpet. Stairs to rear with access to all rooms on 1st floor.
Lounge 4.85m max x 3.33m
Bay window to front. Storage cupboards to side. Fitted carpet.
Kitchen 2.98m x3.23m
Range of matching Wall and base units with complementary worktops. Sink and drainer. Space for washing machine, fridge and cooker. Window to Rear. Fitted carpet.
Bedroom One 2.57m x 3.71m
Window to rear. Fitted carpet.
Bedroom Two 3.07m x 2.33m
Window to front. Storage cupboards to side. Fitted carpet.
Walk in wardrobe 2.78m x 1.05m
Fitted carpet. Window to rear.
Bathroom 1.81 x 1.92max
Three-piece suite including bath with shower over. Sink and WC storage cover to side window to other side. Vinyl flooring.
Please quote reference SW0564 when enquiring about this property.
Auctioneer Comments
This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited. This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded. This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300 including VAT towards the preparation cost of the pack, where it has been provided by iamsold. The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.
Referral Arrangements
The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted. Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you
- 2 Flats being Under 1 title
- No Ongoing Chain
- Flat 1 - 1 bedroom
- Flat 2 - 2 bedroom
- In need of Modernisation
- Great investment Opportunity
- Sold by modern auction (T&c's apply)
- Subject to reserve price
- Buyer Fees Apply
- Please quote reference SW0564 when enquiring about this property.
Posted 06/02/24, views 3
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