Lot 22 - Flat at 1 Furnace Terrace, Neath, SA11 2EE

  • Unconditional Online Auction Sale
  • Guide Price* : £99,000+
  • Bedrooms: 0

Residential Investment


An opportunity to acquire a freehold block of three flats. The property occupies a prominent corner position on the main road between Briton Ferry and Neath.

The flats benefit from UPVC double glazing, gas central heating (not tested) and were upgraded some years ago and have traditionally enjoyed good occupancy levels.

The vibrant town of Neath has an excellent range of shops, amenities, train station and excellent road links to Swansea and the M4 motorway.


Floor Description Rent
Ground Floor Flat 1A Entrance, lounge, kitchen, bedroom, shower room Let on AST at £360 pcm
Ground Floor Flat 1B Entrance, lounge, kitchen, shower room, bedroom Let on AST at £360 pcm
First Floor Flat 1C Access via roof terrace, entrance, kitchen, 2 bedrooms, shower room, lounge Let on AST at £395 pcm
Outside Rear yard
Total £13,380 pa


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 £975) 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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