12, Portia Terrace Mount Pleasant, Swansea, SA1 6XW
For Sale
£55,000
Brief Description
FOR SALE BY PUBLIC AUCTION ON WEDNESDAY 5TH OF MARCH 2025 AT 3PM IN THE SWANSEA.COM STADIUM.
Dawsons Auction House offer this charming mid-terrace property situated in the desirable Mount Pleasant Community, offering easy access to local amenities, transport links, and the City Centre. To the ground floor there is one reception room and a spacious kitchen/diner which leads to an enclosed rear garden. To the first floor there is two bedrooms and one bathroom. This property is an ideal investment purchase and we would highly recommend viewing to appreciate the potential this property has to offer.
Full Description
Ground Floor
Hallway
Reception 1 11'1" x 10'5" (3.4m x 3.2m)
Kitchen/Dining Room 11'9" x 10'9" (3.6m x 3.3m)
First Floor
Landing
Bathroom
Bedroom 1 10'9" x 8'10" (3.3m x 2.7m)
Bedroom 2 10'9" x 7'6" (3.3m x 2.3m)
External
Front Forecourt
Garden to Rear
Tenure - Freehold
Council Tax Band - C
N.B.
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
£2,400, 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 £2,400 (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 effectively.
Floor Plan
