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Residential properties for auction in Kentchurch, Herefordshire

Create Alert 2 results Sorry, we currently do not have any listings in 0 miles of Kentchurch, Herefordshire - Please find below the nearest listings available.
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** UNSOLD, PLEASE REFER TO AUCTIONEER **

This is a substantial and imposing Grade II Listed town house arranged as 8 self-contained 1 bedroom flats. The original building is believed to date from the late 18th century with a later 2 storey rear extension making it roughly T shaped. The flats are all approached from the rear with external staircases providing access to the upper floors. With all flats currently let this is a well established high income producing investment with the current rent at circa £40,000 per annum. Most of the tenants have been in in occupation for several years although the flats are now at a point where they would benefit from modernisation and improvement. With potential to increase rents once modernised or to break up an sell as well as further development possibilities the property is sure to be of interest to investors and developers.

Tenure

Freehold

Situation

Coleford is a small market town in the west of the Forest of Dean, close to the Wye Valley. Situated close to the Town Clock the property enjoys ease access to the local shopping and leisure facilities that such a central positions affords.

Accommodation

The property comprises 8 self-contained 1 bedroom flats with potential to turn some of them in to 2 beds. With several of the tenants having been in the property for a number of years this is a well established investment although it would benefit from modernisation. There is a large mostly unused cellar and large rear garden which both offer some development potential subject to the necessary consents.

Possession

The property is sold subject to the existing periodic assured shorthold tenancies. We understand most of the rents are paid weekly with some of the tenants in receipt of housing allowance. The Forest of Dean Local Housing Allowance for 1 beds is £92.05 per week and for 2 beds is £122.36 per week.

Partner Agent

KJT Residential Lydney, 43 Newerne Street, Lydney, Gloucestershire GL15 5RA
E: lydney@kjtoombs.co.uk W: kjtoombs.co.uk/
T: 01594 844444

Viewing
By appointment

Please note the auctioneers have made their best endeavours to disclose all additional fees. Interested parties should refer to the special conditions of sale contained in the Legal Pack for any late amendments or additions to these fees as well as the auction day addendum sheet prior to bidding.

Search Pack Fee

£360 inc VAT payable upon the fall of the gavel/exchange of contracts.

Legal Pack

A full auction legal pack can be downloaded from www.auctionhousebristol.co.uk once available. For further information on the other lots in this auction please visit the website.

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Local Authority

Forest of Dean District Council

Solicitors

Pitman Blackstock White Solicitors, 6 Hill Street, Forest of Dean, Gloucestershire, Lydney, GL15 5HE, Ref: Ross White, Tel: 01594842475

Additional Fees

Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £900 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Caragh House, Newland Street, Coleford, GL16 8AH
High yielding investment property producing circa £40,000pa
Type: Residential, Flat, House
Location: Caragh House Newland Street, Coleford, GL16 8AH
Images: 10
Brochures: 1
View Property
*UNSOLD, PLEASE REFER TO AUCTIONEER*

The property comprises of a 3 bedroom detached dwelling on ground and first floor levels. There is a detached garage fronting Upper Coedcae Road with development potential subject to planning consent.
Road communications to Blaenavon are good with the A465 Heads of the Valleys road some 5.5 miles distant to the North-West and the M4 approximately 20 miles to the South.

Tenure

See Legal Pack

Ground Floor

Lounge, kitchen and wc.

First Floor

Three bedrooms and bathroom

Externally

Rear garden and garage.

Energy Efficiency Rating (EPC)

Current Rating E

Local Authority

Torfaen County Borough Council

Solicitors

Peter Lynn and Partners, 22 Windsor Place, Cardiff, CF10 3BY, Ref: Jordan Martin, Tel: 02920 600799

Additional Fees

Buyer's Premium - £600 inc VAT payable on exchange of contracts.

Administration Charge - £594 inc VAT payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Strawberry Cottage, 31, Upper Coed Cae Road, Pontypool, NP4 9HZ
Three Bedroom, Detached Property
Type: House, Residential
Location: Strawberry Cottage, 31 Upper Coed Cae Road, Pontypool, NP4 9HZ
Images: 4
Brochures: 1
View Property
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