2 bed terraced house for sale

Andrew Road, Penarth CF64

For sale by auction on Wednesday, 31 Jul 2024 at 12:00

Venue: Online

2 x Apartments in Sought After Location

An opportunity to acquire a mid-terraced traditional bay fronted property which has been converted to provide 1 x one bedroom apartment to the ground floor with a large garden along with a one/two bedroom first floor apartment. We are advised that permission has been obtained for conversion of the first floor apartment to provide two bedrooms with minor reconfiguration. However, we would advise that any interested parties confirm this with the Local authority planning department for confirmation.

There is also an opportunity of splitting the title and selling the units individually. Estimated gross rental income in our opinion on both flats would be in excess of £20,000 per annum. Both units benefit from double glazed (UPVC) fenestration and gas central heating (not tested) via combination boilers.

The apartments are located at the quieter end of the road with no through traffic apart from public transport. The property itself is situated within close proximity to Llandough Hospital whilst also having excellent access to Penarth Marina, town centre along with Cardiff Bay and the City Centre.

Ground Floor
Communal entrance hallway to both apartments.

Ground Floor Apartment
Lounge, inner hallway, bedroom, utility area, kitchen, large bathroom.

First Floor Apartment
Landing, large lounge, second reception room, kitchen, bedroom, bathroom.

Outside
Forecourt, large lawned rear garden benefiting from store, shed and rear gated pedestrian access.

Tenure
Advised Freehold

EPC
Ground Floor - C

First Floor - C

Council Tax Band - B
Viewing
Auction House Wales on Additional Fees
Administration Charge - 1.2% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts.

Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.