Lot 14 Click here for addendum
House with Valuable Reversion in 2021
On behalf of Trustees
Situation
Located close to the junction with Merthyr Road, within close proximity to Cardiff University Heath Park Campus and a host of local traders all serving the surrounding residential area.
The property is located within 3 miles of Cardiff city centre and the Millennium Stadium, benefitting from good road links via the M4.
Property
Comprising a Semi-Detached 4 Bed House planned on ground and first floors. The property includes gas central heating, part uPVC double glazing, off-street parking for 2 cars and a Rear Garden.
ACCOMMODATION (measurements to maximum points)
Ground Floor
Reception Room 1 14'5" x 16'2"
Reception Room 2 11'1" x 17'9"
Kitchen 12'0" x 8'11"
Utility Room 14'0" x 5'2"
Conservatory 13'9" x 15'9"
WC
First Floor
Bedroom 1 16'10" x 12'9"
Bedroom 2 11'2" x 12'11"
Bedroom 3 10'1" x 12'2"
Bedroom 4 12'8" x 8'9"
Bathroom/WC
GIA Approx. 1,735 sq ft
VAT is NOT applicable to this Lot
Freehold
Tenancy
The entire property is let on a full repairing and insuring lease to 2 Individuals for a term of 99 years from 2nd February 1922 at a ground rent of £8.46 per annum exclusive.
Valuable Reversion in approx. 1¾ years.
Note 1: A 3 bed terraced house at No. 160 Caerphilly Road sold in September 2018 for £220,000 and a 3 bed semi-detached house at No. 14 Caerphilly Road sold in February 2018 for £232,500 (source: Zoopla.co.uk).
Note 2: 6 Week Completion