This property is no longer on the market
2 bedroom apartment
Key information
Property description & features
- Tenure: Leasehold (130 years remaining)
- Spacious 2 bedroom flat
- Convenient public transport links
- Open plan kitchen and reception room
- Two double bedrooms
- Large bathroom
- Prime location
- Ideal for cash buyers/investors
- EPC Rating C
The property is situated in a convenient location and offers potential as it needs modernising. It features an open-plan kitchen and reception room, providing a versatile space.
This property is ideal for cash buyers or investors who are looking for a project to renovate and add value to. Its prime location and potential make it a great opportunity for those seeking a property in need of some TLC.
The property benefits from one allocated undercroft parking space.
Cash buyers only and being sold via modern method of auction.
Please Note: the following rooms have under floor heating - entrance hall, main bathroom, bedroom one and en suite. Lease Term for apartment - 150 years (less the last day) from 1 October 2004.
Rooms
Auction date
This property is for sale by MODERN METHOD OF AUCTION (CONDITIONAL) with an 8 WEEK EXCHANGE deadline.
Location
* Close to local schools and amenities * Good access to Cardiff Bay, Mermaid Quay and the Millennium Centre * M4 access via A48 / A4232
Description
* Apartment * 2 bedrooms * En-suite & separate bathroom
Accommodation
Comprises:
Eighth floor
Entrance hall, living room with balcony, kitchen, 2 bedrooms, en-suite & separate bathroom. Please Note: the following rooms have under floor heating - entrance hall, main bathroom, bedroom one and en suite.
Outside
One allocated undercroft parking space and ample visitor spaces
EPC rating
B
Tenure
Leasehold with vacant possession.
Lease
150 years (less the last day) from 1 October 2004 - 130 years remaining.
Ground rent and service charge
Please see Legal Pack for further details.
Council tax band
E - Cardiff
Mortgage Finance
We advise bidders who require a mortgage to confirm with their Financial Advisor as to the suitability of securing finance against this property prior to bidding.
Reservation Deposit
The buyer is required to sign a Reservation Agreement and make payment of a non-refundable Reservation Deposit of £6,000 to the Auctioneer in return for the grant of the Exclusivity Period. The Reservation Deposit forms part of the purchase price for the property.
Registration
All bidders/potential buyers are required to register ahead of the auction date to be able to bid/buy, please visit our website to setup an online auction account.
Exclusivity Period
Exclusivity Period means the period of 56 days from the date the Reservation Deposit is received by the Auctioneer, during which the Buyer and Seller will endeavour to exchange Contracts for the Transaction. Full details and a sample copy of the Reservation Agreement and Terms and Conditions are available in the Buyer Information Pack.
Legal Pack
The legal pack is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property and you are required to complete your own due diligence before bidding.
Additional fees
A buyers charge of £1,200 including VAT is payable on each lot that you buy, in addition to the sale price. Please be aware there may be other additional fees, including disbursements contained in the Sale Memorandum payable on completion. Please ensure that you check the Buyer Information Pack for each lot that you are interested in, prior to bidding.
Guide prices
Guide Prices are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a lot will sell for and may change at any time prior to the auction. Each lot will be offered subject to a Reserve, (a figure below which the Auctioneer cannot sell the lot during the auction) which we expect will be set within the Guide Range, or no more than 10% above a single figure Guide Price.
Pre-auction offers
These must be made in writing and will only be considered if the Legal Pack has been inspected and proof of funding has been supplied to the auctioneers. Pre-auction offers are on the basis of the Reservation Agreement and Terms and Conditions.
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*DISCLAIMER
Property reference PON170202. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Moginie James - Pontcanna.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on January 25, 2022
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on January 31, 2022
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on May 28, 2019 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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