14, Pant Street Port Tennant, Swansea, SA1 8ND
For Sale
£50,000
Brief Description
AUCTION REGISTRATION IS NOW OPEN
THE BIDDING WILL OPEN ON THE 23RD OF APRIL 2025 AT 1PM AND WILL CLOSE ON THE 23RD OF APRIL 2025 AT 2PM.
Dawsons Auction House are pleased to offer this ideal investment opportunity, a three bedroom mid-terrace situated in the ever so popular location of St. Thomas.
The property comprises entrance hallway, reception room, lounge, dining room, kitchen, and bathroom to the ground floor. To the first floor the property has three double bedrooms.
The property is in need of renovation, providing you with a blank canvas and many opportunities.
The property is in convenient location to Swansea City Centre, Swansea Marina, Swansea Beach, Fabian Way to M4 motorway, local schools and amenities.
Viewing is highly recommended to appreciate the potential this property has to offer.
Full Description
Entrance Porch
Hallway
Reception Room 11'7" x 10'9" (3.55m x 3.3m)
Lounge 11'5" x 8'10" (3.5m x 2.71m)
Dining Room 10'7" x 10'5" (3.23m x 3.2m)
Kitchen 10'8" x 6'3" (3.26m x 1.92m)
Bathroom
First Floor
Landing
Bedroom 1 15'7" x 11'4" (4.75m x 3.47m)
Bedroom 2 11'6" x 9'8" (3.51m x 2.95m)
Bedroom 3 11'0" x 10'9" (3.37m x 3.28m)
External
Front Forecourt
Garden to Rear
Tenure - Freehold
Council Tax Band - B
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
