FOR SALE BY PUBLIC AUCTION ON WEDNESDAY 5TH OF MARCH 2025 AT 3PM IN THE SWANSEA.COM STADIUM.
We are delighted to showcase for auction this fantastic 2 bed detached bungalow which is situated in a beautiful location, Thistleboon. There are numerous benefits such as living in close proximity to the charming coastal village of mumbles with beach side promenade, boutique shops, wine bars and traditional pubs and local beaches to enjoy. The bungalow features a spacious living/ dining room, kitchen, two double bedrooms and a bathroom. Externally the property is positioned on a spacious corner plot, benefitting from off road parking and a wrap around garden.
We would highly recommend a viewing to appreciate this great opportunity.
Ground Floor
Entrance
Hallway
Reception Room 17'8" x 11'1" (5.41m x 3.40m)
Kitchen 11'1" x 6'7" (3.40m x 2.01m)
Bedroom 1 12'5" (max) x 9'10" (max) (3.81m (max) x 3.00m (max))
Bedroom 2 13'8" x 9'6" (4.19m x 2.90m)
Shower Room
External
Front Garden with Off Road Parking to Side
Garden to Rear
Tenure - Freehold
Council Tax Band - E
N.B
Vendor Advises:
No Gas at the property
Electric - Octopus Energy
Water - Metered
Solar Panels - Owned
You are advised to refer to Ofcom checker for mobile signal and coverage.
Further Information
As a prospective bidder, it's crucial to understand and adhere to the following key points regarding the auction process:
1. Due Diligence: You are responsible for thoroughly investigating all aspects of the property you intend to bid on. This includes scrutinising the legal pack, which is available upon request from Dawsons Auction House. Make sure to assess property conditions,
legal title, and any potential obligations or restrictions.
2. Legal Advice: Seeking legal advice before participating in the auction is highly recommended. This can help clarify any questions or concerns you may have regarding the property or the bidding process.
3. Contractual Obligations: If you are the successful bidder, you will be legally bound to exchange contracts immediately. This requires you to pay a deposit of 10% of the purchase price. Additionally, you will need to pay a buyer's premium of £3,600, which
includes VAT. Be prepared to make these payments on the auction day itself, as they are pivotal in securing your purchase.
4. Completion Timeline: The completion of the purchase must occur within 28 days, unless the contract specifies otherwise. Thus, having your finances ready and approved prior to the auction is essential to meet this timeline without complications.
5. Fees: It’s important to note that the buyer’s premium of £3,600 (inclusive of VAT) applies even if the property sells before the auction event.
By ensuring you are well-informed and prepared, you can navigate the auction process more effective