Lot 48 - 27 Terrace Road, Swansea, SA1 6HN

  • Unconditional Online Auction Sale
  • Guide Price* : £145,500 +
  • Bedrooms: 5

Addendum

GUIDE PRICE REDUCED

LOT 48 - Property for Investment

Description

ONLINE AUCTION from 26th JULY-28th JULY

A great opportunity to acquire this previously fully occupied HMO with potential to acheive around £20,700 pa

This bay fronted property offers five bedrooms and has previously acheived £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.

Accommodation

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

Council Tax Band

C

Tenancies

To be sold with vacant possession

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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