Lot 19 - 20 New Road, Neath Abbey, Neath, West Glamorgan, SA10 7NH

  • Unconditional Online Auction Sale
  • Guide Price* : £99,000+
  • Bedrooms: 7

Addendum

REDUCED RESERVE AND GUIDE

Lot 19 - House for Owner Occupier/Investment

Description

ONLINE AUCTION FROM 10TH - 12TH DECEMBER 2024

A semi-detached house which had been let (by a previous owner) as an HMO (no license) and is now vacant and requiring refurbishment. The accommodation situated over four floors provides 7 rooms, 2 kitchen areas and two bathroom areas. There are front, side and rear entrances so the house could be converted into 3 self-contained apartments subject to the necessary planning consents. The garden (overgrown) benefits from side access.

The vendor has informed us that the property will be cleared prior to completion.

Neath Abbey is known for its Cistercian monastery, once the largest abbey in Wales. Substantial ruins can still be seen, and are in the care of Cadw. Tudor historian John Leland called Neath Abbey "the fairest abbey of all Wales".

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 or email sarah@paulfoshlettings.com for invaluable advice.

Accommodation

Lower Ground Floor2 Rooms, Shower Room
Ground Floor 2 Rooms, Room with kitchen area
First Floor 2 Rooms, Kitchen area
Second Floor One large loft room
Outside Rear garden (overgrown, no access) with side access

Tenancies

To be sold with vacant possession

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 1.2% of the purchase price (subject to a minimum of £1,200) 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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