2 bed flat for sale in Flat 10 Griffin Court, Osborne Road, Pontypool NP4, £45,000

45,000.00

Offer Nr.:
66131505
Type of ad:
for Sale
Property type:
2 bed flat
Bedrooms:
2
Contact name:
Paul Fosh Auctions
Phone(s):
01633 371140

* Leasehold
* Advised Leasehold - to be verified by solicitor
* Currently tenanted and is achieving a rental income of £605 pcm. **Investors** If you are looking for assistance in tenant find and/or management packages, information on rental. . .
**For sale by online auction - Lot 65 - Flat for Investment**
Bidding opens: 12/12/2023 12: 00
Auction scheduled to end: 14/12/2023 18: 52
**online auction from 12th december - 14th December**
A recently refurbished two bedroom first floor flat. The property is currently
tenanted and is achieving a rental income of £605 per month. The tenant has
been in situ for approximately 3 years and has recently renewed the tenancy
agreement.
An ideal investment, based on our guide price this property is achieving a
16. 13% yield.
We have been advised there is a right to manage agreement in place.
**Location**
Located in Pontypool, this well presented property is situated on a
residential road and is approximately a five minute walk into the town centre.
The property offers easy road links for those commuting, along with a train
station which is approximately a 15 minute drive away. The property is within
walking distance to the new hospital and George Street Primary school.
**Services**
The property benefits from gas, water and electric (not tested).
**VAT**
We have been advised that no vat is applicable on this sale.
**Service Charge**
We have been advised that the property currently has a right to manage scheme
in place, and is currently paying a service charge of £250 per year.
There are fully fitted carbon monoxide and smoke alarms at the property.
Tenure:
Advised Leasehold - to be verified by solicitor
Tenancies:
Currently tenanted and is achieving a rental income of £605 pcm.
**Investors** If you are looking for assistance in tenant find and/or
management packages, information on rental income/interest potential, we have
a Lettings Department that can help you. Please call us on or email for
invaluable advice.

Property location on the map: Use mouse double click to (Zoom IN: LEFT button; Zoom OUT: RIGHT button)