AUCTION REGISTRATION IS NOW OPEN. ALL BIDDERS PAY A HOLDING FEE IN ORDER TO BID IN THE ONLINE AUCTION.THE WINNING BIDDER WILL BE REQUIRED TO PAY THE DEPOSIT WHICH IS 10% OF THE FINAL BID AND THEIR HOLDING FEE IS RETAINED BY THE AUCTIONEERS. IF SOLD PRIOR TO AUCTION NO HOLDING FEE APPLIES BUT A BUYERS' PREMIUM IS REQUIRED TO EXCHANGE. COMPLETION WILL BE 28 DAYS AFTER EXCHANGE. (UNLESS STATED DIFFERENT ON THE CONTRACT) *PRE-AUCTION OFFERS WELCOME*
We have for sale by Online Auction a 5 Bedroom fully licensed HMO close to the city centre. Property has potential for some improvement but also offers a ready to go investment opportunity in a very popular residential area. Property comprises, living room, kitchen, bedroom and bathroom with four-piece suite to the ground floor with 2 bedrooms, bathroom with four-piece suite and additional WC to first floor and a further 2 bedrooms with walk in wardrobes on the second floor. Externally there is an enclosed rear garden with full width double garage which opens to the road behind and to the front a walled paved seating area and beyond a shrubbed garden. Upper floors benefit from panoramic views of Swansea bay. Property has up to date certification regarding the gas and electrical installations.
Tenure: Freehold Council Tax: E EPC: D
GROUND FLOOR Entrance hallway: Stairs to first floor. Reception room 1:4.7m x 3.67m (max to alcove) 4.32m x 3.67m - uPVC double glazed bay window to front Bedroom One: 4.05m x 3.75m (max) 3.75m x 2.82m - uPVC double glazed window to rear. Kitchen: 3.61m x 3.1m (max) 3.4m x 3.1m - uPVC double glazed window to side. Utility area:2.96m x 1.54m (max) 2.96m x 1.17m (min) access to rear garden. Bathroom: 3.0m x 2.23m (max) 3.0m x 1.85m - uPVC double glazed window to side.
FIRST FLOOR Bedroom Two: 5.9m x 3.72m (max to alcove) 5.51m x 3.72m (min) two uPVC double glazed windows to font. Bedroom Three:4.05m x 3.69m (max to alcove) 3.69m x 3.69m (min) - uPVC double glazed window to rear. Bathroom: 3.15m x 2.5m uPVC double glazed window to side and rear.
FIRST SECOND Bedroom Four: 4.16m x 2.84m uPVC double glazed windows to font Walk in wardrobe: 2.83m x 1.27m Bedroom Five:3.63m x 3.63m (max) 3.63m x 2.56m (min) walk in wardrobe, uPVC double glazed window to rear.
EXTERNALLY Double garage to rear and gardens to front and rear
PLEASE NOTE It is the responsibility of all purchasers to conduct their own investigation into all aspects of the property and seek legal advice. The Legal Pack will be available on our website prior to bidding commencing. Please note legal packs can be downloaded through The Property Auction House website. PAYMENTS To bid online you will be required to pay a holding fee this will only be withdrawn from your account should you be the successful bidder. To exchange you will be required to pay a 10% deposit and sign the contract within 24 hours and complete the transaction paying the balance of funds within 28 days, (this timescale may vary always read the contract in the Legal Pack for confirmation).We always strongly recommend ensuring your finances are in place prior to the auction, due to the timescales involved. A buyer's premium fee is only payable should a property be sold pre auction, this fee is 2% subject to a minimum fee of £4,000 +VAT
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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