Lot 11 - 27 Terrace Road, Swansea, SA1 6HN

  • Unconditional Online Auction Sale
  • Guide Price* : £155,000+
  • Bedrooms: 5

Addendum

PLEASE NOTE : WE HAVE BEEN MADE AWARE THAT THE TENANTS HAVE GIVEN NOTICE AND WILL BE VACATING AT THE END OF JUNE 2022

LOT 11 - Property for Investment

Description

ONLINE AUCTION from 21st JUNE-23rd JUNE

A great opportunity to acquire this fully occupied HMO achieving £20,700 PA

This bay fronted property offers five bedrooms all occupied and currently achieves £1725 per calendar month. The property offers communal lounge, fitted kitchen and shower room.

To the rear, the property offers low maintenance garden. Further benefits include double glazed windows and gas central heating provided by a combination boiler (untested).

This property is located in the popular area of Mount Pleasant offering easy access to local shops, schools, University of Wales Trinity St David's Mount Pleasant Campus and Swansea City Centre where the main shopping and leisure facilities are located.

Please note the photos are a range of photos taken prior and during the tenants occupation

Accommodation

Ground floor: Entrance hall, lounge, kitchen, 2 bedrooms
First floor: 3 bedrooms, shower room, WC
Outside: rear courtyard style garden

Tenancies

Sold subject to tenancies: Further information will be found in the legal pack

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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