New Road, Coalway, Coleford Guide Price £93,000
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** ONLINE AUCTION from 4th FEBRUARY-6th FEBRUARY ** Toombs & Toombs Property Consultants/Paul Fosh Auctions are pleased to offer for sale this single storey building comprising two self-contained flats. The property is fully tenanted and is achieving a combined rental income of £920 per a month.
Situated in the Forest of Dean, Canberra House on New Road in Coalway is within close proximity local amenities. Coalway and nearby Coleford offer a range of shops, cafes, schools, and essential services.
There are convenient road connections to Gloucester, Monmouth, and Chepstow, the property is well-positioned for commuting. Additionally, nearby attractions include Puzzlewood, Clearwell Caves, and the historic Tintern Abbey.
FLAT 3
Ground Floor Flat 3: Accessed to the rear of the property, kitchen, living room, bathroom, bedroom
FLAT 4
Ground Floor Flat 4: Accessed to the rear of the property, kitchen, living room, bathroom, 2 bedrooms
SERVICES
The property benefits from gas, water & Electric (not tested).
VAT
We have been advised that there is no VAT due on the sale of this property.
Council Tax Band
'A'
TENANCIES
Flat 3: Currently achieving a monthly rental income of £460 per a month. Flat 4: Currently achieving a monthly rental income of £460 per a month.
TENURE
Advised Freehold - to be verified by solicitor.
AUCTION FEES & ADDITIONAL COSTS
Auction fees: The sale of each lot is subject to a buyer’s premium of 1.5% of the purchase price (subject to a minimum of £1,500) including VAT unless otherwise stated. Additional costs: The purchase of the property may be subject to (but are not limited to), VAT (if applicable), reimbursement of the seller’s search fees, reimbursement of seller’s legal and/or sales costs, stamp duty/land transaction tax (LTT). Please check accompanying legal pack for further details.
Bidding Opens On 4th February 2025 12:00
VIEWING
Wed 22 Jan 11:00 - 11:15 Tue 28 Jan 11:00 - 11:15 Booking is required - Paul Fosh Auctions - 01633 254044
LEGAL DOCUMENTS
Log in to view legal documents - https://paulfosh.eigonlineauctions.com/lot/details/139246?group=True
- Two Flats for Occupation/Investment
- ONLINE AUCTION from 4th FEBRUARY-6th FEBRUARY - https://paulfosh.eigonlineauctions.com/lot/details/139246?group=True
- Flat 3: Currently achieving a monthly rental income of £460 per a month
- Flat 4: Currently achieving a monthly rental income of £460 per a month
- Advised Freehold - to be verified by solicitor
Request A Viewing
Coleford GL16 7JA
Toombs & Toombs Property Consultants