£30,000
Pentre Close, Coed Eva, Cwmbran, NP44
- 1 bed
£30,000
- 1 bed
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SUMMARY
This ground-floor studio flat, ideal for investors seeking a renovation project, boasts a functional layout with reception room/bedroom, kitchen, and bathroom. Located in a well-connected neighbourhoo with ample amenities and a communal car park offering significant potential returns post-renovation
DESCRIPTION
This property, available for sale, is a studio flat that offers a unique opportunity for investors looking for a new project. The flat is in need of renovation, making it a blank canvas for the right buyer. Despite this, the flat already showcases a functional layout with reception room/bedroom, kitchen and bathroom.
Situated on the ground floor, this flat is conveniently positioned for easy access. Part of a well-maintained building, it benefits from a communal car park, providing parking solutions for residents.
Location is one of the prime attractions of this property. The flat is in a neighbourhood that is well-served by public transport links, making commuting a breeze. Local amenities are within easy reach, offering a selection of shopping and dining options. For families, the proximity to nearby schools is a remarkable feature.
In essence, this studio flat represents a fantastic investment opportunity, with the potential for significant returns after renovation. Its prime location, functional layout and access to facilities make it an attractive proposition for prospective buyers. Despite the need for renovation, the flat still holds immense potential and is just waiting for the right owner to bring it to life.
Auctioneer’s Comments
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing 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 of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT. This 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 complete an identification process with iamsold and provide proof of how the purchase would be funded.
The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of no more than £349 inc. VAT towards the preparation cost of the pack. Please confirm exact costs with the auctioneer.
The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.
Reception Room/Bedroom
Kitchen
Hallway
Shower Room
Lease details are currently being compiled. For further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.
1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale. 2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property. 3. The measurements indicated are supplied for guidance only and as such must be considered incorrect. 4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase. 5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER PETER ALAN NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.
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