Lot 56 - Hillside, Crown Street, Morriston, Swansea, SA6 8BD

  • Unconditional Online Auction Sale
  • Guide Price* : £90,000+
  • Bedrooms: 0

Residential Investment

Description

ONLINE AUCTION from 2nd FEBRUARY - 4th FEBRUARY

A four room multi let property, situated in the sought after location of Morriston. The property has previously benefited from an upgrade to include UPVC double glazing, gas central heating (not tested), modern fitted kitchen with appliances and new shower rooms.

The property is ideally situated for access to local amenities in Morriston, and also has excellent road links and transport links to Swansea and the M4 motorway.

VIRTUAL TOUR

Accommodation

Ground Floor: Entrance hallway, room 1, communal kitchen, room 2 with en suite
First Floor: Landing, room 3, room 4, communal bathroom
Outside: Gardens to front and rear with storage shed

Tenancies

Room 1 is let at £385 per calendar month
Room 2 is let at £425 per calendar month
Room 3 is let AST at £475 per calendar month
Room 4 is soon to be let AST at £385 per calendar month
Monthy income £1,670
Annual income when full £20,040 per annum

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 £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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