Lot 69 - 20 Carlton Terrace, Swansea, SA1 6AE
- Unconditional Online Auction Sale
- Guide Price* : £351,000+
- Bedrooms: 6
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Addendum
Price reduced
Lot 69 - House for HMO investment
Description
ONLINE AUCTION from 11th APRIL-13th APRIL
A HMO mid terraced house situated in a sought after area of Swansea being near the town centre and stunning coastline. The 6 double bedroom property with accommodation over four floors has been refurbished to an exceptional standard with five of the flats having an en-suite and one flat having 1 bedroom, study/dressing room and shower room. Communal areas include 2 luxury kitchens – one with breakfast bar area, large utility area and rear gravel garden area. The property is to be sold with tenants in situ. The annual rental income is £49,500 and the tenants would very much like to stay.
Swansea is benefitting from extensive re-generation and lends itself to investment due to large employers such as HSBC, Virgin Media, DVLA headquarters, BT and Amazon plus Swansea University with 8 colleges. Excellent commuter links via the M4 and railway station. Swansea is the second largest city in Wales and has a stunning 5 mile coastline including the Gower and Mumbles.
VIRTUAL TOUR
Accommodation
Lower Ground Floor: Flat 3 with bedroom/en-suite and direct access to garden, communal kitchen with breakfast bar
Ground Floor: Flats 1 & 2 each with bedroom/en-suite, utility room
First Floor: Flats 4 & 5, communal kitchen
Top Floor: Flat 6 with 1 bedroom, dressing room/study and shower room
Outside: Rear communal gravel garden
Tenancies
To be sold with tenants in situ. The property is let at £4,125pcm (£49,500p/a)
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 or email sarah@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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Documents
- Terms and Conditions for Unconditional and Conditional Online Auctions
- Reservation Fees & Deposits Explained
- Buyers Guide for Conditional Auctions
- Buyers Guide for Unconditional Auctions
- Sellers Guide for Conditional Auctions
- Sellers Guide for Unconditional Auctions
- Guide to Buying at Auction
Related Documents
Auction Finance
As a trusted partner of Paul Fosh Auctions, Together could offer the auction finance you need, when you need it. Visit togethermoney.com for more information.
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