28 & 26 Pontardulais Road, Gorseinon, SA4 4FE
Sold
£160,000
Brief Description
FOR SALE BY ONLINE AUCTION
Fantastic investment opportunity to purchase this pair of semi detached properties, located on Pontardulais Road in the centre of Gorseinon. The property is close to local amenities, schools and has brilliant access to the M4. The properties benefits from have full planning permission for conversion to four flats (two in each semi) the planning reference number is 2019/2393/FUL. The flats would bring in circa £30,600 per annum or £2,550 per month in an all done condition. The accommodation comprises: (28) entrance porch, hallway, proposed living room, proposed bedroom, kitchen, bathroom to the ground floor. To the first floor there is proposed kitchen and bathroom, proposed living room and proposed bedroom one and two. Number 26 compromises of the following proposed rooms for the ground floor flat, living room, two bedrooms, bathroom and kitchen. The first floor flat has the following proposed rooms, living room, kitchen, bathroom and two bedrooms. To the rear there is level garden space, the vendors plan was to have four separate garden pods, so that each flat has it's own outside space. There is a basement storage area, accessible from the rear of the properties. Viewings highly recommended to appreciate the investment opportunity.
Tenure - Freehold
PLEASE BE ADVISED THAT WHILST VIEWINGS ARE RESTRICTED THE PROPERTY WILL NOT BE ENTERED INTO AN ONLINE AUCTION UNTIL THE LEGAL PACK IS COMPLETE AND THERE IS SUFFICIENT INTEREST FOR BIDDING TO COMMENCE.
ANY OFFER IS SUBJECT TO AN AUCTION EXCHANGE OF A 10% DEPOSIT, BUYERS PREMIUM AND 28 DAY COMPLETION.
Full Description
SUMMARY
Fantastic investment opportunity to purchase this pair of semi detached properties, located on Pontardulais Road in the centre of Gorseinon. The property is close to local amenities, schools and has brilliant access to the M4. The properties benefits from have full planning permission for conversion to four flats (two in each semi) the planning reference number is 2019/2393/FUL. The flats would bring in circa £30,600 per annum or £2,550 per month in an all done condition. The accommodation comprises: (28) entrance porch, hallway, proposed living room, proposed bedroom, kitchen, bathroom to the ground floor. To the first floor there is proposed kitchen and bathroom, proposed living room and proposed bedroom one and two. Number 26 compromises of the following proposed rooms for the ground floor flat, living room, two bedrooms, bathroom and kitchen. The first floor flat has the following proposed rooms, living room, kitchen, bathroom and two bedrooms. To the rear there is level garden space, the vendors plan was to have four separate garden pods, so that each flat has it's own outside space. There is a basement storage area, accessible from the rear of the properties. Viewings highly recommended to appreciate the investment opportunity.
Tenure - Freehold
FLAT 28 GROUND FLOOR
PROPOSED RECEPTION ROOM 3.03m x 3.32m
PROPOSED BEDROOM 3.43m x 2.81m
KITCHEN 4.38m x 2.73m
BATHROOM 2.18m x 2.39m
FLAT 28 FIRST FLOOR
PROPOSED KITCHEN AND BATHROOM 4.45m x 2.75m
PROPOSED LIVING ROOM 3.39m x 2.87m
PROPOSED BEDROOM 1 & 2 3.11m x 4.7m
FLAT 26 GROUND FLOOR
PROPOSED BEDROOM 1 2.94m x 3.31m
PROPOSED BEDROOM 2 3.09m x 2.88m
PROPOSED LIVING AREA 4.3m x 2.74m
PROPOSED KITCHEN 2.11m x 4.11m
PROPOSED BATHROOM 1.16m x 1.58m
FLAT 26 FIRST FLOOR
PROPOSED BEDROOM 2 3.11m x 1.93m
PROPOSED BEDROOM 1 3.11m x 2.7m
PROPOSED LIVING ROOM 3.47m x 2.86m
PROPOSED BATHROOM 2.68m x 1.74m
PROPOSED KITCHEN 2.04m x 2.64m
N.B
The holding fee is the buyers premium purchase fee which is £2,500. If you are the successful bidder you are contractually bound to exchange, with a 10% deposit, on the property as per the terms and conditions you agreed to when registering for the auction. With
completion being 28 days later unless the contract states otherwise. Should the property sell prior to auction the same fee of £2,500 inclusive of VAT is payable
N.B
Tenure - Freehold
All successful Purchasers will be subject to a buyers premium or holding fee. Legal packs can be downloaded through the Dawsons website www.dawsonsproperty.co.uk
Please note it is the responsibility of all purchasers to conduct their own investigation into all aspects of the property. We recommend reading through the properties legal pack, which is available on our website, prior to bidding and also seek legal advice. If you are successful, you will be required to pay a 10% deposit, together with the buyer’s premium/holding fee and complete in 28 days, therefore we would strongly recommend for you to ensure your finances are in place before the auction, due to the timescales involved.