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No longer on the market

This property is no longer on the market

12 bedroom block of apartments

Auction
Block of apartments
12 beds
6 baths
452
EPC rating: C
Added > 14 days

Key information

TenureFreehold
Council taxAsk agent
BroadbandUltra-fast 1000Mbps *
Mobile signal
EEO2ThreeVodafone

Features and description

Guide Price £280,000- £340,000 * Plus 5% Buyers Premium + VAT
For sale by unconditional online auction, registration is now open. Bidding opens on 28/05/2025 10:00 and ends on 28/05/2025 12:40.


*INVESTMENT OPPORTUNITY*
6 X 2 Bedroom flats, fully let with an annual income of £34,800pa.
Viewing- TBC

Located in a convenient location, approximately 5 miles from Swansea city centre and minutes from the M4 Motorway.

The accommodation is fully let and provides a yield of approximately 12.5%

There is potential to improve the flats and increase the rents .

A fantastic opportunity.

Please note - we have been advised that there may be Japanese Knottweed on the boundary of the property

UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 5% deposit and a 5%+VAT (subject to a minimum of £5,000+VAT) buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).

Pre-Auction Offers Are Considered
The seller of this property may consider a pre-auction offer prior to the auction date. All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer's Premium, and the deposit. To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online. To find out more information or to make a pre-auction offer please contact us.

Special Conditions
Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the LEGAL DOCUMENTS'. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.
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About this agent

Town & Country Property Auctions - South Wales
Town & Country Property Auctions - South Wales
2 High St, Clydach Swansea SA6 5LE
01792 925258
Full profileProperty listings
The company was established in 2010 and expanded into the UK, Ireland, and overseas in 2018. Town and Country Property Auction south Wales have local agents and offer the benefit of a nationwide network. Our goal is to provide an easy-to-use, transparent platform for auction buyers and sellers alike.
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