Lot 17 - Apartment 1 Meridian Tower, Trawler Road, Maritime Quarter, Swansea, West Glamorgan, SA1 1JN
- Unconditional Online Auction Sale
- Guide Price* : £115,000+
- Bedrooms: 1
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Lot 17 - Apartment for Owner Occupier/Investment
Description
ONLINE AUCTION from 11th MARCH -13th MARCH 2025
Situated in the tallest building in Wales in a prime position being adjacent to the Marina
and only steps to the stunning beach/coastline is this first floor apartment.
This modern and stylish apartment offers a hallway with entry phone and storage/airing cupboard, open plan lounge/dining area/ kitchen with appliances, Juliette balcony to lounge, one double bedroom and luxury bathroom.
The Vendor has informed us that the furniture will be included (see legal pack). The building is exceptionally well maintained with foyer/reception area, 24 hour concierge and three lifts. There is double glazing/electric heating (not tested).
Making an ideal Airbnb investment due to the tourism in the area the property would also make an ideal rental property given the students in the area (Swansea University) or a second home for owners. To be sold with vacant possession, however, we anticipate a rental of approximately £1000 pcm. Cash buyers only.
Within easy walking distance to Swansea city centre, Swansea bus station, Quadrant shopping centre, Tesco Superstore and Swansea Arena. The property is also near car parks, local store, hotels and restaurants. The Tower Meridian Quay with restaurant on the 28th floor, is a residential tower in Swansea, Wales. It is the tallest building in Wales, at 107m (351 ft) it is the only skyscraper in Wales (buildings over 100 m tall) and one of several high-rises in Swansea. Gower Peninsula is in South West Wales and is the most westerly part of the historic county of Glamorgan, Wales. It projects towards the Bristol Channel.
In 1956, the majority of Gower became the first area in the United Kingdom to be designated an Area of Outstanding Natural Beauty - AONB. About 70 square miles (180 km2) in area, Gower is known for its coastline, popular with walkers and outdoor enthusiasts, especially surfers. Gower has many caves, including Paviland Cave and Minchin Hole Cave. The peninsula is bounded by the Loughor Estuary to the north and Swansea Bay to the east.
VIRTUAL TOUR
Accommodation
First Floor: Entrance hall, open plan lounge/dining room/ kitchen, bedroom, bathroom and storage/airing cupboard.
Council Tax Band
E
Tenancies
To be sold with vacant possession, however, we anticipate a rental of approximately £1000 pcm.
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 lettings@paulfoshlettings.com for invaluable advice.
Tenure
Advised Leasehold - 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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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
Legal Documents
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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.
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