50, Westbury Street Swansea, SA1 4JN
For Sale
£120,000
Brief Description
FOR SALE BY PUBLIC AUCTION ON WEDNESDAY 5TH OF MARCH 2025 AT 3PM IN THE SWANSEA.COM STADIUM.
Dawsons offer for auction this substantial mid terrace property set over four floors and situated in the central location of Swansea. The property comprises entrance porch, hallway, and two reception rooms to the ground floor. To the lower ground floor there is another reception room, kitchen and shower room. To the first floor there are two double bedrooms with an attic room to the second floor. Externally the property offers a front forecourt and an enclosed rear patio garden. This property is conveniently located very close to Swansea University, the vibrant Uplands Quarter, Singleton Hospital and Swansea City Centre. In need of updating. Viewing recommended to appreciate what this property has to offer.
Full Description
Ground Floor
Entrance
Porch
Hallway
Lounge 12'5" x 10'5" (3.81m x 3.20m)
Reception Room 12'5" x 9'10" (3.81m x 3.00m)
Lower Ground Floor
Reception Room 14'6" x 12'0" (4.42m x 3.66m)
Shower Room
Kitchen 10'0" x 6'11" (3.05m x 2.13m)
First Floor
Landing
Bedroom 1 15'5" x 10'0" (4.72m x 3.05m)
Bedroom 2 12'7" x 9'4" (3.86m x 2.87m)
Second Floor
Attic Room 14'0" x 10'0" (4.27m x 3.05m)
External
Front Forecourt
Enclosed Rear Patio Garden
Tenure - Freehold
Council Tax Band - C
Additional Information
Vendor Advises
Electricity - Ovo
Gas - British Gas
Water - Billed
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 £2,700, 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 £2,700 (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
