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Lot 21 Sold: £20,000

24 Meadvale Road, St. Mellons, Cardiff, South Glamorgan CF3 1UF

  • Photo1

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).

Enquire about this lot:

Photo of John Barnett

John Barnett
020 8492 9449
jbarnett@barnettross.co.uk

Photo of Nathan Schindler

Nathan Schindler
020 8492 9449
nschindler@barnettross.co.uk

*Please note:

RESERVE

The 'Reserve' is the minimum figure for which a property can be sold as agreed between the Seller and the Auctioneer. The 'Reserve' is not disclosed and remains confidential between the Seller and the Auctioneer.

GUIDE

Where a 'Guide' is stated, it is an indication of the Seller's current minimum acceptable price ('Reserve') at auction. A 'Guide' is published to assist prospective buyers in deciding whether or not to pursue a purchase.

A 'Guide' does not represent an anticipated sale price or a valuation and the eventual sale price may be higher or lower. The sale price is determined at auction and as such cannot be predicted in advance.

The 'Guide' can be published as follows:

  • a. 'Reserve below' which means the 'Reserve' will be below the shown amount.
  • b. A single price figure where the 'Reserve' is not to exceed it.
  • c. A single price figure with a + symbol where the 'Reserve' is not to exceed that figure by more than 10%.
  • d. A minimum and maximum price range where the 'Reserve' is to be within that range.

The Seller's expectation as to the sale price may change during the marketing period as a result of interest received from prospective Buyers. Therefore, the Seller may increase or decrease the 'Reserve' at any time up to just before bidding commences. If the 'Reserve' becomes fixed at a level that makes the 'Guide' misleading, the Auctioneers will subsequently issue a revised 'Guide' as soon as is practicable. Accordingly, prospective bidders should monitor the 'Guide' with the Auctioneers prior to the Auction taking place via this website.

In addition to the purchase price the Successful Buyer or Successful Bidder will be liable to pay Barnett Ross Ltd a non-refundable administration fee of £1,500 including VAT or as specified on the Particulars of Sale and there may also be additional non-optional fixed or variable fees and costs. To establish the full cost of purchasing a property please inspect the special conditions of sale and all other documentation in the legal pack. Please also refer to any addendum that may be displayed on this page.