Lot 45 - Land at Pearson Way, Neath, West Glamorgan, SA11 2EJ

  • Unconditional Online Auction Sale
  • Guide Price* : £1+
  • Bedrooms: 0

Addendum

BUYERS PREMIUM £500

Lot 45 - Land for owner occupier/investment (NIL RESERVE)

Description

ONLINE AUCTION from 2nd September - 4th September 2025

An area of tarmac land situated at the end of a cul de sac in a residential area. The land sits adjacent to a grassed area and large tarmac area /parking for local residents which could be let to local residents as two parking spaces.

Formal Deposit (Unconditional sale)

Unconditional auction sales are subject to a deposit and buyer’s premium to secure the sale. These are formal/unconditional sales. The deposit is placed on a non-refundable basis and forms part of the purchase price.

The deposit (unless stated otherwise) will be 10% of the purchase price subject to a minimum of £3,000. This sum will be automatically deducted from the registered card of the successful purchaser, following the conclusion of the sale. In cases where the purchase price is less than £3,000, the minimum deposit will be collected at the point of sale, but once the card funds have cleared, a refund will be made for the difference between the purchase price and deposit taken.

A buyers’ premium of 1.5% (minimum £1,500) inclusive of VAT is also payable as a fee to the auctioneers.

Upon completion of the sale, the vendor will pay a commission fee for the sale of the property to the auctioneers.

If you would like any more information or to speak to someone about the bidding process, please contact a member of the team on 01633 254 044

Tenancies

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 or email lettings@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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Office Contact

Angie Davey

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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