20, Ael-Y-Bryn Road Fforestfach, Swansea, SA5 8JA
Sold
£100,000
Brief Description
AUCTION REGISTRATION IS NOW OPEN
THE BIDDING WILL OPEN ON THE 21ST OF MAY 2025 AT 11AM AND WILL CLOSE ON THE 21ST OF MAY 2025 AT 12PM.
A spacious three-bedroom semi-detached property located in the popular area of Fforestfach, offering a fantastic opportunity for investors or buyers looking for a full renovation project. The property requires complete refurbishment throughout.
The property includes three bedrooms, an Attic Room, two reception rooms, a kitchen, and a bathroom, with a garage to the rear providing added convenience for storage. This property offers strong potential for resale income once renovated.
Viewing this property is highly recommended.
Full Description
Ground Floor
Lounge - 13'6" x 10'9" (4.12m x 3.28m)
Dining Room -17'1" x 11'5" (max) (5.22m x 3.50m (max)
Kitchen - 11'5" x 7'8" (3.48m x 2.34)
First Floor
Bedroom 1 - 14'6" (max) x 9'7" (max) (4.43m (max) x 2.94m (max))
Bedroom 2 - 11'3" x 9'1" (3.44m x 2.79m )
Bedroom 3 - 6'9" x 6'5" (2.07m x 1.97m)
Attic Room
Access via pull down ladder.
External
Garage To The Rear - 27'2" x 9'4" (8.30m x 2.87m )
Front Forecourt
Garden To The Rear
Council Tax Band - C
EPC - F
Tenure - Freehold
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 £2,760 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 £2,760 (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
