Lot 3 - Ty Mawr 33 Heol yr Orsaf, Ammanford, SA18 2DB

  • Unconditional Online Auction Sale
  • Guide Price* : £25,000
  • Bedrooms: 3

Lot 3 - Flat for Owner Occupation/Investment

Description

ONLINE AUCTION from 4th - 6th FEBRUARY

Layout: Spacious with 2/3 bedrooms, office, dining room, kitchen, lounge, wc, bathroom and attic.
Location: Close to amenities and a local college, appealing to both tenants and buyers.
Value-Add Opportunities: Loft conversion and modernisation can turn this unique large apartment into a fantastic space.

Features like 2/3 large bedrooms, outdoor roof terrace space, and a loft with conversion partially started to create more space!

The flat measures 102sqm.

Video tour

Tenancies

To be sold with vacant possession

Rental Potential: With modernisation, the property is expected to attract working professionals or couples/family
Estimated rental income: £900 per calendar month (based on comparable properties in the area).
Demand: The local rental market has a shortage of housing stock for a long term rental.
Another market for rental could be a conversion into holiday let/serviced accommodation for short term lets due to its size and space offered.

Buy-to-Sell Opportunity there are no local comparable for apartments in the area and the Sqm of the apartment is similar in size to local properties below. A guide on local house prices below to give an idea what a large apartment would be worth post refurbishment.
Market Value Post-Modernisation: Agents suggest a resale value in excess of £110k, aligned with recent comparable sales on Station Road as a large apartment.
12 Station Road: £265,000 (Detached, June 2024)
25 Station Road: £192,500 (Semi-detached, March 43 Station Road: £130,000 (Semi-detached, August 2022)

Tenure

Advised Leasehold 999 with £1 ground rent and share of 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 54 Bids
User Amount Date
Bidder 4 £58,000 06/02/25 17:07:20
Bidder 2 £57,500 06/02/25 17:07:12
Bidder 4 £57,000 06/02/25 17:07:03
Bidder 2 £56,500 06/02/25 17:05:12
Bidder 4 £56,000 06/02/25 17:05:09
Bidder 2 £55,500 06/02/25 17:04:57
Bidder 4 £55,000 06/02/25 17:04:35
Bidder 2 06/02/25 17:04:35
Bidder 4 £54,500 06/02/25 17:04:28
Bidder 2 £54,000 06/02/25 17:04:23
Bidder 4 £53,500 06/02/25 17:04:16
Bidder 2 £53,000 06/02/25 17:04:13
Bidder 4 £52,500 06/02/25 17:03:45
Bidder 2 £52,000 06/02/25 17:03:39
Bidder 4 06/02/25 17:03:39
Bidder 2 £51,500 06/02/25 15:22:53
Bidder 3 £51,000 06/02/25 15:01:48
Bidder 2 £50,500 06/02/25 14:58:26
Bidder 3 £50,000 06/02/25 14:56:37
Bidder 2 06/02/25 14:56:37
Bidder 3 £46,500 06/02/25 14:51:02
Bidder 2 06/02/25 14:51:02
Bidder 3 06/02/25 14:51:02
Bidder 2 £45,500 06/02/25 14:50:22
Bidder 3 £45,000 06/02/25 14:48:26
Bidder 2 06/02/25 14:48:26
Bidder 3 £42,000 06/02/25 14:16:29
Bidder 2 06/02/25 14:16:29
Bidder 3 £39,500 06/02/25 14:16:15
Bidder 2 06/02/25 14:16:15
Bidder 3 06/02/25 14:16:15
Bidder 2 £38,500 06/02/25 14:08:54
Bidder 3 £38,000 06/02/25 14:08:04
Bidder 2 06/02/25 14:08:04
Bidder 3 £37,500 06/02/25 14:07:33
Bidder 2 06/02/25 14:07:33
Bidder 3 £36,500 06/02/25 14:07:30
Bidder 2 06/02/25 14:07:30
Bidder 3 £35,500 06/02/25 14:07:24
Bidder 2 06/02/25 14:07:24
Bidder 3 £34,500 06/02/25 14:07:21
Bidder 2 06/02/25 14:07:21
Bidder 3 £33,500 06/02/25 14:07:17
Bidder 2 06/02/25 14:07:17
Bidder 3 £32,500 06/02/25 14:07:12
Bidder 2 06/02/25 14:07:12
Bidder 3 £31,500 06/02/25 13:14:12
Bidder 2 £31,000 04/02/25 20:53:50
Bidder 3 £30,500 04/02/25 20:53:38
Bidder 2 04/02/25 20:53:38
Bidder 3 £28,500 04/02/25 20:41:58
Bidder 2 £27,500 04/02/25 18:06:27
Bidder 2 £25,500 04/02/25 18:06:07
Bidder 1 £23,500 04/02/25 16:48:18

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Office Contact

Sean Roper

Documents

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Auction Finance

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

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