119, Wood Road, Pontypridd, CF37 1RJ

** For Sale By Online Auction** Pre Auction Offers Considered** Nestled on the charming Wood Road in Treforest, this remarkable detached property has been thoughtfully divided into five individual flats, presenting an excellent investment opportunity for discerning buyers.

Each flat boasts a generous layout, featuring five reception rooms, five bedrooms, and five bathrooms, ensuring ample space for comfortable living.

The property is currently tenanted, providing immediate rental income, which is particularly appealing for investors looking to expand their portfolio.

With its prime location in Treforest, residents will enjoy easy access to local amenities, transport links, and the vibrant community that this area has to offer.

This property is not just a place to live; it is a strategic investment that promises both stability and growth.

In summary, this detached property on Wood Road is a unique opportunity to acquire a well-maintained investment with existing tenants, offering a blend of comfort and potential in a sought-after location.

Flats are fully tenanted with rental income as follows: - Flat 1 = £795pcm - Flat 2 = £795pcm - Flat 3 = £749pcm - Flat 4 = £795pcm - Flat 5 = £895pcm Tenants are responsible for paying their own council tax (separate council tax for each flat) however rent includes utility bills (gas, water & electric).

Traditional Terms & Conditions - This property is for sale via Online Auction.

This is a modern twist on the traditional auction room sale where buyers can bid for the property via an online platform.

The auction will run for 3 hours on a set date and time chosen by the vendor of the property.

The winning bidder, assuming the reserve is met, is legally bound to exchange on the property and pay a 10% deposit similar to a traditional auction house sale and they will have 28 days to complete, please check the legal paperwork to confirm deposit amount.

Upon completion of a successful auction the winning bidder will be required to pay a non-refundable reservation fee of 3.6% inclusive of VAT of the winning bid in addition to the purchase price subject to a minimum fee of £5,940 inclusive of VAT.

The auction is powered and carried out by Whoobid and is subject to terms & conditions which will form part of the auction pack which will be available to download for free once produced by the vendors legal representatives.

We strongly recommend that you review the legal documents prior to bidding and seek legal advice. Please remember that the reservation fees are payable in addition to the sale price.

Fees paid to the auctioneer may be considered as part of the chargeable consideration and may attract stamp duty liability.

Bidders will be required to register in order to download the 'legal pack', if you choose to bid on the property, you will be required to complete further identity checks for anti-money laundering purposes and provide card details before you are able to place a bid.

Properties may be sold prior to public auction if an offer is accepted by the vendors.

**Guide price - This is an indication of the seller's minimum expectations at auction and is not necessarily the figure the property will achieve but acts as a guide, prices are subject to change prior to the auction.

**Reserve price - Most auctions will be subject to a reserve price, if this figure is not achieved during the auction, then the property will not be sold.

In normal circumstances the reserve price should be no more than 10% above the guide price.