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£275,000

Masefield Road, Penarth, CF64

  • 4 beds
Terraced house

£275,000

  • 4 beds
Terraced house
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Estimate monthly mortgage payment:

£1,255 per month

Minimum deposit amount:

£13,750
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SUMMARY
This terraced house, located in a sought-after area, offers four bedrooms, private parking, and a garden, presenting a prime renovation opportunity for first-time buyers, investors, or families to create their dream home.


DESCRIPTION
We are delighted to present this terraced house for sale, located in a much sought-after location. Being a development property, it offers a unique opportunity for first-time buyers, investors, or families seeking a new home.

The property, although in need of renovation, boasts four bedrooms and one bathroom, making it an ideal choice for families. Additionally, the ground floor boasts a room that could be ideally fitted out for a shower room or utility area, providing added convenience. The property also features one reception room, a welcoming space for family gatherings or entertaining guests.

The kitchen is a blank canvas, ready for a new installation. This is a great opportunity to design the kitchen of your dreams from scratch.

In terms of practicality, the property is rated ‘C’ for its Energy Performance Certificate and falls within council tax band ‘D’. Further adding to the appeal of this property are its unique features, such as private parking and a garden, attributes that are increasingly rare in such a prime location.

The property’s location cannot be overstated. It is situated in proximity to local amenities and schools, making it an excellent choice for families with children.

In summary, this property is a diamond in the rough, offering endless potential for those willing to renovate and make it their own. Whether you are a first-time buyer, an investor looking to add to your portfolio, or a family seeking a new home, this property could we

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.

Entrance 
Via front door to living room

Living Room 19’ 4" max x 11’ 4" max ( 5.89m max x 3.45m max )
Stairs to first floor. Doors opening onto garden

Potential Shower Room/Utility  
To be fitted out in order to provide ground floor shower room or utility room. Wall mounted boiler

Kitchen 12’ 11" max x 11’ 4" max ( 3.94m max x 3.45m max )
Blank canvas ready for kitchen to be fitted. Window to rear. Door to rear. Storage area

Landing 
Loft access. Two storage cupboard with shelving

Bedroom 1 9’ 2″ × 10′ 8" ( 2.79m x 3.25m )
Two windows to front

Bedroom 2 10’ 8″ × 9′ 1" ( 3.25m x 2.77m )
Window to rear

Bedroom 3 10’ x 11’ 2" ( 3.05m x 3.40m )
Window to rear. Storage cupboard

Bedroom 4 8’ 6" max x 8’ 1" ( 2.59m max x 2.46m )
Window to front. Storage cupboard

Bathroom 
‘P’ shaped bath with shower over. W>C> Wash hand basin inset to unit. Window to rear.

Outside 
To the front – parking – shared access way providing access to rear garden.
To the rear – Outhouse – Stone chipping area and lawned area.



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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