Lot 16 - 560 Pentregethin Road, Ravenhill, Swansea, SA5 5ET

  • Unconditional Online Auction Sale
  • Guide Price* : £78,000+
  • Bedrooms: 3

Addendum

Please note the rent paid by the tenant is £8,000 per annum as per legal pack.

Lot 16 - Mixed Use Investment Opportunity 

Description

ONLINE AUCTION from 23rd JULY-25th JULY

A substantial building in a prominent location ideal for those looking for investment.

The ground floor is currently let at £5,500 per annum. To the first floor the property offers a sizeable flat. The flat offers three bedrooms, kitchen, lounge and bathroom. 

There could be an opportunity for redevelopment (subject to any necessary planning consents) 

Located in a popular area and also provides convenient access to Swansea city centre and Fforestfach Retail Park. The M4 is also only a short distance away.

Accommodation

Ground Floor: Retail area, customer WC, staff area
First Floor: Kitchen, bathroom, 3 bedrooms, lounge

Council Tax Band

C

Tenancies

Ground floor let on Betfred lease 24/12/2025 at £5,500 per annum
Flat to be sold with vacant possession
INVESTORS: If you are looking for assistance in tenant find and/or management packages, information on rental income/interest potential, we have a Lettings Department that can help you. Please call us on 01633 746800 or email sarah@paulfoshlettings.com for invaluable advice.

Tenure

Advised Freehold - to be verified by solicitor

Auction Fees And Additional Costs

Auction fees: The sale of each lot is subject to a buyer’s premium/admin fee of 1.5% of the purchase price (subject to a minimum of £1,500 for sale prices between £1 and £50,000 or subject to a minimum of £2,400 for sale prices of £50,001 upwards) 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.

* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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Paul Fosh Auctions
01633 254044

Office Contact

Gemma Vaughan
01633 254044

Documents

Related Documents

Auction Finance

As a trusted partner of Paul Fosh Auctions, Together could offer the auction finance you need, when you need it. Visit togethermoney.com for more information.

If considering a mortgage, we advise that you inspect and consider the property carefully with your lender before bidding.

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