150, Hillrise Park Clydach, Swansea, SA6 5ED
For Sale
£50,000
Brief Description
FOR SALE BY PUBLIC AUCTION ON WEDNESDAY 5TH OF MARCH 2025 AT 3PM IN THE SWANSEA.COM STADIUM.
We offer for auction this three storey semi detached property set in the convenient location of Clydach, Swansea. The property comprises entrance, hallway with steps leading up to the first floor where you will find the reception room and kitchen. To the second floor there are two double bedrooms and a bathroom. Externally the property offers front and rear gardens and a garage to front. The property is situated in a convenient location to local amenities and good transport links, In need of updating. Viewing recommended to appreciate the potential this property has to offer.
Full Description
Ground Floor
Entrance
Hallway with Stairs to:
First Floor
Reception Room max 22'5" x 12'0" 22'5" x 8'7" min (max 6.84m x 3.67m 6.84m x 2.63m min)
Kitchen 11'9" x 7'10" (3.6m x 2.4m)
Second Floor
Landing
Bedroom 1 11'9" x 11'1" (3.6m x 3.4m)
Bedroom 2 11'9" x 9'6" (3.6m x 2.9m)
Bathroom
External
Front Garden
Garage to Front
Garden to Rear
Tenure - Leasehold
Term 99 Years with 54 Years Remaining
Ground Rent: £25 Per Annum
Council Tax Band - A
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:
- 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.
- 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.
- 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.
- 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.
- 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
