Investment opportunities abound at our July 4 auctionJune 21, 2017
Since launching its auction team in 2000, we have already disposed of more than 3,500 residential and commercial assets in Wales, with a total value of circa £250 million.
This latest auction will be held on Tuesday 4 July, 5pm, Park Inn by Raddison,
Llanderyn, Cardiff, CF23 9XF
Marc Morrish, Seel and Co’s Head of Property Auctions and Auctioneer, said: “We’ve got a great selection of both commercial and residential investment opportunities and vacant residential properties along with parcels of land, in a wide range of budgets.
From a rare and sought after four bed, end of terrace in the Pembrokeshire National Park, a bargain 1 bed house in Port Talbot, through to a fully let, mixed use property in Merthyr, with a relatively low initial investment and attractive yearly yield. It is certainly worth taking a look.”
The July auction currently has 25 lots available. Of particular note are:
110 Inverness Place, Roath. Cardiff. This mid terraced house in a popular are of Cardiff comes with a guide price of just £89,000+. The two bedroom bay fronted house has pointed stone and cement rendered elevations beneath a pitched slate roof covering, benefiting from some local authority improvements.
The windows are mainly uPVC double glazed and gas central heating is by means of a replacement combination boiler (not tested).The property requires further improvement.
The property is located on a popular street, just off Albany Road and close to local shops, restaurants, bars and boutiques at Wellfield Road. Roath Park, Cardiff University and the City Centre are also within walking distance. This is also an excellent school catchment area.
Garages at 26-30 Castle Lane, Roath, Cardiff. This development site with full planning for student accommodation has a guide price of £230,000+. The site is in a popular area of the city and has full planning for a 19 en-suite bedroom student accommodation block.
The area is currently undergoing significant regeneration and the site is well positioned being within walking distance of Cardiff University and the city centre. Opposite the proposed development is another completed student development.
The potential development income, once completed and occupied, is estimated to be in excess of £125,000 per annum. This is based on a conservative weekly rent of £130 at 51 weeks.
Land Lying to the North West side of Castle Green, St.Fagans, Cardiff. This rare opportunity to buy a parcel of rural land close to cardiff comes with a guide price of £4,000. The area of land is predominantly woodland and extends to a total of approximately 4 acres or thereabouts in the pleasant village of St Georges
Super Ely. St Georges Super Ely lies to the northwest of Culverhouse Cross and to the east of Peterston Super Ely and contains a Grade II listed church of St George and the Grade I listed Castle Farmhouse.
The land is divided on either side by the main Cardiff to Swansea railway line.
18 Brick Street, Glyncorrwg, Port Talbot. A one bedroom house with a guide price of £9,000+. This end terraced house has rendered insulation clad elevations beneath a pitched tiled roof covering and benefits from uPVC double glazing and gas central heating via a combination boiler suitable for owner occupation or an ideal tenancy investment.
The property is located close to the local school, mountain bike centre and fishing ponds.
Units 1 & 2, Flats 1 & 2, Three Salmon Street, Merthyr Tydfil. This fully let, mixed use town centre investment comes with a guide price of £135,000+ and generating an income in excess of £23,000 per annum.
A detached mixed use property, it comprises of a beauty unit and cafe to the ground floor with two x one bedroom flats to the first floor. The building has colourwashed rendered elevations beneath a pitched slate roof covering and is found to be in good condition throughout.
The building is located in a regenerated part of the town centre close to a car park, local retailers, public houses, restaurants and the proposed site for the new Merthyr Tydfil bus station on Swan Street.
Former Buffs Club, Heol Pendyrus, Penrhys, Rhondda. With great redevelopment potential, this property has a guide price of between £10,000-£15,000.
This is a two storey vacant commercial property of part brick and part rendered elevations beneath a pitched tiled roof covering. The property is located at the northern end of the Penrhys estate and is accessed directly off Heol Pendyrus which is the spine road that runs around the perimeter of the estate. Penrhys estate is located on a hillside overlooking both the Rhondda Fawr and Rhondda Fach valleys with good access routes by car and public transport to both.
The site is inside the settlement boundary of Penrhys in the adopted Local Development Plan and is not allocated for a specific use.
The building is suitable in principle for conversion or redevelopment for a range of uses compatible with a residential area, for example residential, office, light industry, research, warehouse, storage, care provision, community or leisure use, subject to all necessary consents.
17 Angle Village, Angle, Pembrokeshire. A rare opportunity to purchase a property in Pembrokeshire National Park. Guide price £170,000+. This Grade II listed extended end of terraced house has colourwashed rendered rear elevations and part timber glazed fenestration and LPG gas central heating (not tested) via a Worcester combination boiler.
The property has been well maintained by the current owners and is in good condition throughout.It is located in this sought after village within the Pembrokeshire National Park with its public house, cafe, attractive beach and church.
Seel and Co welcome all potential purchasers to the July auction but advise them to have viewed the properties, checked the addendum and relevant legal packs prior to bidding.