Auction Property

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Location: Flat 2, Ogmore Court, Commercial Street, Ogmore Vale, Bridgend, Mid Glamorgan, CF32 7BL

Summary:
Potential residential investment opportunity

Guide Price: SOLD

Full Description:
A ground floor flat that occupies part of this detached building having cement rendered elevations and a pitched slate roof covering which we are advised has been replaced within the last 7 years. The flat benefits from some improvements including an upgraded kitchen and partly refurbished bathroom. We have been advised that the property has recently been re-wired throughout. The property is located close to local shops, amenities and school and approximately 6.5 miles from the M4 motorway and 8.5 miles from Bridgend town centre. If the property was tenanted and further upgraded, it could potentially provide an annual income in the region of £3,500 per annum. Accommodation: GF: Hallway, lounge, kitchen, large double bedroom, bathroom OS: We have been advised that there is communal parking to the rear of the building Tenure: Leasehold – please refer to legal pack for verification of tenure. Viewing: Auctioneers Office, Seel & Co Ltd (029) 2037 0117 Guide Price: £12,000+ Additional Fees: Buyers Premium – 0.5% with minimum of £600 (inc of VAT) payable on exchange of contracts. Please check the legal pack for any further disbursements that may be payable by the purchaser on completion. Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction.