Being sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid ?115,000This property will be legally prepared enabling any interested buyer to secure the property immediately once their bid/offer has been accepted. Ultimately a transparent process which provides speed, security and certainty for all parties.Calling all Landlords!!!! An investment opportunity has arisen to acquire this three bedroom semi-detached house situated within popular Gorseinon, Swansea. The accommodation comprises two reception rooms and a modern fitted kitchen to the ground floor. Upstairs are three well proportioned bedrooms and a contemporary style bathroom.The fully enclosed rear garden benefits from gated side access and an outbuilding.The location is particularly appealing, providing a friendly community atmosphere with local amenities and excellent transport routes including easy access to the M4. This property presents an excellent opportunity for both seasoned or first time Landlords with Tenants already in situ and a monthly rent of ?900 currently being achieved.Entrance HallUVC double glazed front door, stairs to first floor landing, radiator, tiled flooring, doors to kitchen and:-LoungeFront aspect double glazed window, radiator, feature fireplace, tiled flooring. Door through to:-Dining RoomDouble glazed window overlooking rear garden, radiator, tiled flooring. Door to:-KitchenA modern fitted kitchen comprising white base and wall units, built-in oven with gas hob and extractor hood over, roll top work surfaces, sink and drainer unit with copper coloured mixer tap over, white metro style tiled splashbacks, space for fridge-freezer and washing machine, tiled flooring. Double glazed door to rear garden.First Floor LandingStairs leading up to first floor landing, double glazed window to side aspect, loft access. Doors to:-Bedroom OneTwin aspect double glazed window overlooking rear garden, radiator.Bedroom TwoDouble glazed window to front aspect, radiator.Bedroom ThreeDouble glazed window to front aspect, radiator.BathroomObscured double glazed window, marble effect tiled walls and flooring, contemporary style bathroom suite comprising freestanding roll top bath complimented with black claw feet and freestanding mixer tap, wash hand basin and wc.Rear GardenFully enclosed, mainly laid to lawn, gated side pedestrian access, outside toilet and storage outbuilding.Auctioneers CommentsPattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.The property is being sold via a transparent online auction. In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure that AML procedure are carried out in accordance with the law.The advertised price is commonly referred to as a Starting Bid or Guide Price , and is accompanied by a Reserve Price . The Reserve Price is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price / Starting Bid .A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.Additional Auctioneers CommentsIn order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.Agents NotePlease be advised this property is being sold via auction and with tenants in situ, therefore, is suitable for buyers looking for an investment property ONLY. It is not being offered with vacant possession. Please also note that the construction of the property is of non standard build. It is therefore, imperative that any interested parties, that require a mortgage, seek independent financial advice prior to arranging a viewing.
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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