Lot 16 - 560 Pentregethin Road, Ravenhill, Swansea, SA5 5ET
- Unconditional Online Auction Sale
- Guide Price* : £78,000+
- Bedrooms: 3
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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 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.
* 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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Bidding History 58 Bids
| User | Amount | Date |
|---|---|---|
| Bidder 4 | £134,000 | 25/07/24 17:30:29 |
| Bidder 6 | £133,000 | 25/07/24 17:30:27 |
| Bidder 4 | £132,000 | 25/07/24 17:30:01 |
| Bidder 6 | £131,000 | 25/07/24 17:29:58 |
| Bidder 4 | 25/07/24 17:29:58 | |
| Bidder 6 | £130,000 | 25/07/24 17:29:56 |
| Bidder 4 | £129,000 | 25/07/24 17:29:47 |
| Bidder 6 | £128,000 | 25/07/24 17:29:45 |
| Bidder 4 | £127,000 | 25/07/24 17:29:18 |
| Bidder 6 | £126,000 | 25/07/24 17:29:15 |
| Bidder 4 | £125,000 | 25/07/24 17:28:01 |
| Bidder 6 | £124,000 | 25/07/24 17:27:45 |
| Bidder 4 | £123,000 | 25/07/24 17:27:39 |
| Bidder 6 | £122,000 | 25/07/24 17:27:33 |
| Bidder 4 | £121,000 | 25/07/24 17:27:18 |
| Bidder 6 | £120,000 | 25/07/24 17:27:12 |
| Bidder 4 | 25/07/24 17:27:12 | |
| Bidder 6 | £117,000 | 25/07/24 17:24:48 |
| Bidder 4 | £116,000 | 25/07/24 17:24:30 |
| Bidder 6 | £115,000 | 25/07/24 17:24:23 |
| Bidder 4 | 25/07/24 17:24:23 | |
| Bidder 6 | £112,000 | 25/07/24 17:23:43 |
| Bidder 4 | £111,000 | 25/07/24 17:23:11 |
| Bidder 6 | £110,000 | 25/07/24 17:22:57 |
| Bidder 4 | 25/07/24 17:22:57 | |
| Bidder 6 | £107,000 | 25/07/24 17:22:48 |
| Bidder 4 | £106,000 | 25/07/24 17:22:26 |
| Bidder 6 | £105,000 | 25/07/24 17:22:17 |
| Bidder 4 | 25/07/24 17:22:17 | |
| Bidder 6 | £104,000 | 25/07/24 17:22:02 |
| Bidder 4 | 25/07/24 17:22:02 | |
| Bidder 6 | £102,000 | 25/07/24 17:21:56 |
| Bidder 4 | 25/07/24 17:21:56 | |
| Bidder 6 | £100,000 | 25/07/24 17:21:35 |
| Bidder 4 | 25/07/24 17:21:35 | |
| Bidder 6 | £98,000 | 25/07/24 17:21:14 |
| Bidder 4 | 25/07/24 17:21:14 | |
| Bidder 6 | £96,000 | 25/07/24 17:20:57 |
| Bidder 4 | 25/07/24 17:20:57 | |
| Bidder 6 | £94,000 | 25/07/24 17:20:34 |
| Bidder 4 | 25/07/24 17:20:34 | |
| Bidder 6 | £92,000 | 25/07/24 17:12:25 |
| Bidder 4 | £91,000 | 25/07/24 17:04:06 |
| Bidder 5 | £90,000 | 25/07/24 16:54:47 |
| Bidder 3 | £89,000 | 25/07/24 16:53:02 |
| Bidder 4 | £88,000 | 25/07/24 16:44:07 |
| Bidder 5 | £87,000 | 25/07/24 16:30:19 |
| Bidder 3 | £86,000 | 25/07/24 16:29:44 |
| Bidder 4 | £85,000 | 25/07/24 13:11:58 |
| Bidder 3 | £84,000 | 25/07/24 12:39:46 |
| Bidder 1 | £83,000 | 25/07/24 12:17:21 |
| Bidder 3 | £82,000 | 25/07/24 11:52:53 |
| Bidder 1 | £81,000 | 25/07/24 11:50:40 |
| Bidder 2 | £80,000 | 25/07/24 11:49:02 |
| Bidder 3 | £79,000 | 25/07/24 11:37:29 |
| Bidder 1 | £78,000 | 25/07/24 10:21:09 |
| Bidder 2 | £77,000 | 24/07/24 12:47:30 |
| Bidder 1 | £76,000 | 23/07/24 21:26:36 |
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Documents
- Terms and Conditions for Unconditional and Conditional Online Auctions
- Reservation Fees & Deposits Explained
- Buyers Guide for Unconditional Auctions
- Sellers Guide for Unconditional Auctions
- Guide to Buying at Auction
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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