Lot 33 - 3 New Road, Neath Abbey, Neath, SA10 7NN

  • Unconditional Online Auction Sale
  • Guide Price* : £87,000+
  • Bedrooms: 3

Lot 33 - Property for investment

Description

ONLINE AUCTION from 7th MARCH-9th MARCH

A unique opportunity to purchase a property with some historical significance. Situated in Neath Abbey, it is well served with supermarkets, local shops, takeaways, Melin Infants School and Dwr Y Felin Comprehensive School. Alongside this, easy road access to the A465 leading onto the M4.

The property has planning for two, one bedroom flats making this an ideal project. Typically one bedrooms flats can achieve in the region of £550 per calendar month.

Currently the property offers two reception rooms and kitchen to the ground floor with a family bathroom and three bedrooms over the next two floors with a garden to the rear.

The property was once occupied by Mr John Tregellis Price. Mr Price helped to construct a programme of activity that promoted negotiation to prevent war, a reduction in armaments manufacturing, and an international court for the settling of international disagreements. The aims were advanced elsewhere, including the establishment of a subscription-based auxiliary peace society in the Neath-Swansea area (c. 1817).

Planning Ref: P2022/0562.

Accommodation

Ground Floor: 2 reception rooms, kitchen
First Floor: Bedroom, bathroom
Top Floor: 2 bedrooms
Outside: Front and rear garden

Council Tax Band

C

Tenancies

To be sold with vacant possession
INVESTORS: If you are looking for assistance in tenant find and/or management packages, information on rental income/interest potential, we have a Lettings Department that can help you. Please call us on 01633 746800 or email rhys@paulfoshlettings.com for invaluable advice.

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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