Lot 34 - 7 Dew Street, Haverfordwest, Dyfed, SA61 1ST
- Unconditional Online Auction Sale
- Guide Price* : £69,000+
- Bedrooms: 0
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Lot 34 - Development Opportunity
Description
ONLINE AUCTION from 20th JUNE - 22nd JUNE
An opportunity to acquire a freehold HMO building with planning for conversion to 5 self-contained flats. The development will comprise two x 1 bedroom flats, two x 2 bedroom flats and two x studio apartments.
The property is just a short distance from the town centre and is Grade II listed in a conservation area with its wide range of amenities and shops and there are also great road links via the A40 to the M4 and access to the stunning West Wales coastline. The property is currently configured as 6 bed HMO that is vacant and is not liveable.
Planning:
The property has planning for conversion to 5 self contained flats.
Planning application no 21/0600 - Pembrokeshire Council
Flat 1: 1 bedroom flat – 42m2
Flat 2: Studio – 27m2
Flat 3: 1 bedroom flat – 36m2
Flat 4: Studio – 27m2
Flat 5: 2 bedroom – 52m2
VIRTUAL TOUR
Tenancies
To be sold with vacant possession but once completed the flats could achieve the following rents:
Studio - £375-£400 pcm
1 bedroom - £450-£475 pcm
2 bedroom - £550-£575 pcm
Total - £2,325 pcm / £27,900 pa
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@paulfoshauctions.com for invaluable advice.
Tenure
The title is Freehold, however, the shop underneath is on a long leasehold - 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 £1,200) 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
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Lot 34 - 7 Dew StreetAuction 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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