4 x Flats in Popular Location Requiring Complete Refurbishment

On opportunity to acquire a mid-terraced property which has been subdivided into 4 x flats comprising of a 1 bedroom and studio flat to the ground floor and 2 x studio flats to the first floor. Please note that no kitchen or bathroom fittings are present, and we are advised that there is only 11 years left remaining on the current lease. The building is located within a very short distance of the town centre which provides several national and local retailers. Excellent amenities are also provided within the town including The University and National Library of Wales. The property is also located a stone throw from the train station. We have been provided with the following information by our client, please carry out your own investigations with regard to this. National empty home grant ( if change back to home ) Grants of up to £25,000 are available to renovate empty properties to make them safe to live in and improve their energy efficiency. The grant is available in instalments as the work is undertaken. A minimum 15% contribution is required from the applicant. Housing to home loan on each flat of up to £35,000 The Welsh Government's Houses into Homes loan scheme offers short term interest free loans to renovate and/or Convert long term empty properties back into use as residential accommodation.

Tenure

Leasehold.

Ground Floor

Communal Hallway with staircase to first floor. Inner hallway with door to rear access.

Flat 1

Lounge/Bedroom, kitchen (not fitted), bathroom (not fitted).

Flat 2

Entrance hall, kitchen (not fitted), shower room (not fitted), lounge, bedroom.

First Floor

Landing

Flat 3

Hallway, lounge, bedroom, kitchen (not fitted), bathroom (not fitted).

Flat 4

Hall, lounge/bedroom, kitchen (not fitted), bathroom (not fitted).

Outside

Forecourt. Courtyard and passage to gated rear access from lane.

Tenure

Leasehold: We are advised that there is an 11 year term left remaining on the current lease

Viewings

Through our partner agents Morgan & Davies (Aberaeron) on 01545 571600

COUNCIL TAX BAND - FLAT 1 - A, FLAT 2 - A, FLAT 3 - B & FLAT 4 - A

Energy Efficiency Rating (EPC)

Current Rating E,F,D,E

Local Authority

Ceredigion County Council

Solicitors

Howells Solicitors, Fitzalan House, Ref: Howells Solicitors, Tel: 02920404022

Additional Fees

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

Administration Charge - 1.2% inc VAT of the purchase price, subject to a minimum of £1200 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.