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4 bedroom detached villa for sale
28 Cardiff Road, Taffs Well, Cardiff, CF15 7RF
£225,000
28 Cardiff Road, Taffs Well, Cardiff, CF15 7RF
£225,000
Our Summary
- FOR SALE BY PUBLIC AUCTION: The auction will take place online on 14th May 2024 at 04:24 PM with registration through our website
- The apartments are generally in good order, especially Flats 1 & 3 while Flats 2 & 4 would benefit from some decorative improvement when next become vacant
- Please see further notes below but we have been informed that the current income for the property is £1425pcm (£17,100pa) In our opinion, there is certainly room for rental improvement with rental betterment and the occupation of the vacant apartment and retail unit
- The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, will be within + or - 10% of the Guide Price
- Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction
Description
For sale by public auction on May 14, 2024, is a mixed-use investment property in the center of Taffs Well, consisting of a vacant lock-up shop and four individual one-bedroom apartments currently let on ASTs. The three-story detached building is of brick/stone construction with a pitched tile roof and painted render elevations, and features an attractive rear patio accessible from Flat 1. The apartments are generally in good order, with Flats 1 and 3 needing some decorative improvement, while Flats 2 and 4 would benefit from refurbishment. The current income for the property is £1425 pcm (£17,100 pa), with room for rental improvement. The property is freehold and subject to a reserve price, with the auctioneers' office, Seel and Co, handling the sale. Viewing is by appointment.