Lot 49 - 83 Norfolk Street, Swansea, SA1 6JE

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

Addendum

GUIDE PRICE NOW REDUCED

Lot 49 - Property for Investment

Description

ONLINE AUCTION from 26th JULY-28th JULY

A great opportunity to acquire an HMO which has previously achieved £27,000 per annum.

This substantial property offers six bedrooms and has previously achieved £2,225 per calendar month. The property offers communal lounge, fitted kitchen and two shower rooms.

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

The property offers excellent commuter links via the M4 and is located a short walk from Swansea Metropolitan University and Mount Pleasant campuses.

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

Accommodation

Basement: 2 bedrooms, kitchen
Ground floor: Entrance hall, lounge, 1 bedroom
First Floor: 2 bedrooms, 2 shower rooms
Top Floor: 1 bedroom
Outside: rear garden (basement has small courtyard to the front)

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. 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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