* Leasehold
* Two Bedroom Duplex
* For Sale by Modern Auction – T & c’s apply
* Parking for One Vehicle
* Close to Amenities and Transport Links
* Subject to Reserve Price
* Buyers fees apply
* Fixed Timescales for Exchange and Completion
* Requires Full Renovation
**Offered for sale by online auction**
A superb opportunity to acquire a rarely available and spacious two bedroom
duplex in the popular area of Llanrumney in Cardiff. This property requires
renovation, but offers an ideal first time buy or investment property,
situated close to the amenities of Countisbury Avenue, local schools and
within easy access of the city centre and the M4.
The property is located in an elevated position and entered via it's own
private entrance, either via stepped walkway from Countisbury Avenue, or via
stairs to the rear. The property has previously been let, but is now available
with vacant position and requires modernisation and refurbishment. The
entrance hallway provides access to the kitchen and a bright and spacious
living/dining room with storage cupboard. Stairs lead to the first floor where
there are two generous bedrooms and a family bathroom.
We are advised that there are 78 years unexpired on the lease, with annual
ground rent of £100, and no service charge.
Price shown reflects opening bid for the auction only. Viewings can be booked
via telephone, or, online through the Isla Alexander website - cash buyers
only.
_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. 2% of the purchase price
including VAT, subject to a minimum of £6, 000 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.
EPC Rating: D

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