* For sale by online auction * Pre-Auction offers considered *

Guide Price -*£190,000 - £210,000*

Auction Date - Wednesday 6th March 2024

Showcasing The Osborne, Belvoir have the pleasure to introduce this stunning one bedroom beachfront apartment in the highly desirable location of Rotherslade in The Mumbles.

This apartment is located in an idyllic elevated position and briefly comprises; entrance hallway, bathroom, double bedroom and a spacious open-plan kitchen, dining and living area boasting elevated coastline views from the sit-out balcony.

Being within a hop, skip and jump away from the beautiful beach of Rotherslade, an arms length from the local cafe and within walking distance of The Mumbles with miles of award winning coastline, this property will surely attract attention from the avid investor, holiday maker or first time buyer alike.

There is also an option to purchase a share of the Freehold.

Entrance Hallway: Entry via coded door system into a maintained communal hallway. Access into an underground allocated parking area, post boxes, stairs to various floors and apartments.

Entry via front door into a spacious bright hallway comprising wooden laminate flooring, two double glazed windows to front, double doors opening into storage cupboard housing water tank and shelving. Door to Bathroom, Bedroom and Living room.

Bathroom: Fitted with a white three piece suite comprising low level WC, wall mounted wash hand basin and panelled bath with full height tiling, glass shower screen and a chrome wall mounted shower. Tile flooring, partially tiled walls, wall mounted mirror, spotlights to ceiling, wall mounted heated towel radiator.

Bedroom Double bedroom: comprising wooden laminate flooring, fitted hinged wardrobes, radiator, double glazed window with elevated views.

Open Plan Lounge/ Kitchen:Spacious open-plan Kitchen, Dining and Living Room benefiting wooden laminate flooring, three radiators, spotlights to ceiling, double glazed window to front, rear and a double glazed rear door leading out onto the sit-out balcony which boasts elevated coastal views. The fitted Ivory kitchen comprises base, drawer and eye level units with fitted wine rack and worktop over incorporating ample preparation space extending to a breakfast bar area, a single bowl stainless-steel sink and mixer tap, a range of integrated appliances including dishwasher, washing machine, stainless-steel oven, stainless-steel microwave, a 50/50 fridge-freezer and a black four ringed ceramic hob with an overhead stainless-steel extractor hood. Tiled flooring, double glazed window to side, spotlights to ceiling.

Entry to the complex via electric coded front gate, secure underground parking and a mixture of plants, shrubs and trees to the surrounding grounds. The grounds are fully maintained and kept to a high standard throughout the year. Walks to the coastal path are easily accessible as well as being within yards of the local beachfront at Rotherslade.

Lease Term: 105 years Remaining

Service Charge: £315 per calender month

Ground Rent: £150 Per Annum

This property is for sale via Online Auction. This is a modern twist on the traditional auction room sale where buyers can bid for the property via an online platform. The auction will run for 3 hours on a set date and time chosen by the vendor of the property. The winning bidder, assuming the reserve is met, is legally bound to exchange on the property and pay a 10% deposit similar to a traditional auction house sale and they will have 28 days to complete, please check the legal paperwork to confirm deposit amount. Upon completion of a successful auction the winning bidder will be required to pay a non-refundable reservation fee of 3% inclusive of VAT of the winning bid in addition to the purchase price subject to a minimum fee of £4,800 inclusive of VAT. The auction is powered and carried out by Whoobid and is subject to terms & conditions which will form part of the auction pack which will be available to download for free once produced by the vendors legal representatives. We strongly recommend that you review the legal documents prior to bidding and seek legal advice. PLEASE REMEMBER THAT THE RESERVATION FEES ARE PAYABLE IN ADDITION TO THE SALE PRICE. Fees paid to the auctioneer may be considered as part of the chargeable consideration and may attract stamp duty liability. Bidders will be required to register in order to download the 'legal pack', if you choose to bid on the property, you will be required to complete further identity checks for anti-money laundering purposes and provide card details before you are able to place a bid. Properties may be sold prior to public auction if an offer is accepted by the vendors.

*Guide price - This is an indication of the seller's minimum expectations at auction and is not necessarily the figure the property will achieve but acts as a guide, prices are subject to change prior to the auction.

*Reserve price - Most auctions will be subject to a reserve price, if this figure is not achieved during the auction, then the property will not be sold. In normal circumstances the reserve price should be no more than 10% above the guide price.

DISCLAIMER: 

These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither Belvoir nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.

We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any fixtures, fittings, services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller by separate negotiation.

Belvoir and our partners provide a range of services to buyers, although you are free to use an alternative provider. We can refer you on to The Mortgage Advice Bureau for help with finance. We may receive a fee of up to £250 (incl VAT), if you take out a mortgage through them. If you require a solicitor to handle your purchase, we can refer you on to a number of local solicitors. We can receive a fee up to £100 if you use their services. If you require a survey, we can refer you to Structural Surveys Wales, and we may receive a fee of £50 if you use them. For more information please speak to a member of the team.