Lot 21
Semi-Detached House with Valuable Reversion in 36 years
6 Week Completion
Situation
Located in a popular residential area within 2 miles of the open spaces of Hendre Lake Park and within a mile of the retail facilities of Countisbury Avenue which includes Tesco Extra, Boots Pharmacy, Iceland and Greggs.
The property lies approx. 6 miles north-east of Cardiff city centre and benefits from good road links via the M4.
PROPERTY & ACCOMMODATION
Comprising a Semi-Detached House planned on ground and first floors with a garage and front off-street parking.
VAT is NOT applicable to this Lot
FREEHOLD
Tenancy
The entire property is let on a full repairing and insuring lease to Individual(s) for a term of 99 years from 24th June 1959 at a ground rent of £13 per annum exclusive.
Note 1: Valuable reversion in approx. 36 years
Note 2: No. 13 Meadvale Road (2 bed semi-detached house) sold in February 2021 for £195,000 (Source: rightmove.co.uk).