56 & 57 Woodfield Street, Morriston, Swansea, SA6 8BW
Sold
£155,000
Brief Description
FOR SALE BY ONLINE AUCTION
Fantastic investment opportunity to purchase two blocks of three flats, totalling six individual units. The neighbouring properties offer three studio flats and three one bedroom flats. The properties are in need of a total renovation, however in an all done condition we estimate, based off current market conditions, that the flats would bring in a total of circa £38,400 per annum. The accommodation for 57 Woodfield street comprise: Two studio flats to the ground floor with a one bedroom flat to the first floor. The accommodation for 56 Woodfield street comprises: One studio flat and one, one bedroom flat to the ground floor. With a further one bedroom flat to the first floor. Externally to the rear of the properties, they both have back gardens. Viewing highly recommended to fully appreciate the opportunity on offer.
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 two blocks of three flats, totalling six individual units. The neighbouring properties offer three studio flats and three one bedroom flats. The properties are in need of a total renovation, however in an all done condition we estimate, based off current market conditions, that the flats would bring in a total of £38,520 per annum. The accommodation for 57 Woodfield street comprise: Two studio flats to the ground floor with a one bedroom flat to the first floor. The accommodation for 56 Woodfield street comprises: One studio flat and one, one bedroom flat to the ground floor. With a further one bedroom flat to the first floor. Externally to the rear of the properties, they both have back gardens. Viewing highly recommended to fully appreciate the opportunity on offer.
FRONT FLAT AT 57A
LIVING ROOM 3.58m x 3.26m
LIVING ROOM 3.64m x 2.49m
KITCHEN 2.19m x 1.73m
BATHROOM 1.92m x 1.64m
REAR GROUND FLOOR FLAT AT 57
KITCHEN 3.06m x 2.7m
LIVING ROOM 4.29m x 4.6m
BATHROOM 2.39m x 1.61m
REAR GROUND FLOOR FLAT AT 56
LIVING ROOM 4.40m x 2.76m
UTIILITY ROOM
KITCHEN 4.17m x 1.71m
BATHROOM 1.63m x 2.65m
BEDROOM 4.25m x 3.8m
FIRST FLOOR FLAT AT 56
LIVING ROOM 4.12m x 4.5m
BEDROOM 3m x 2.6m
KITCHEN 3.5m x 2.8m
BATHROOM 1.49m x 2.7m
FIRST FLOOR FLAT AT 57
LIVING ROOM 3.17m x 4.41m
BEDROOM 3.67m x 2.56m
KITCHEN 3.21m x 2.75m
BATHROOM 3.22m x 2.75m
FRONT GROUND FLOOR FLAT AT 56
LIVING ROOM 4.41m x 4.46m
KITCHEN 2.36m x 2.15m
BATHROOM 1.74m x 2.06m
N.B
PLEASE BE ADVISED TO REGISTER FOR THE AUCTION YOU WILL NEED TO SUPPLY CARD DETAILS IN ORDER FOR A HOLDING FEE TO BE PLACED ON YOUR CARD. ONLY THE SUCCESSFUL PURCHASER GETS CHARGED, THE RELEASE OF THE HOLDING FEE IF UNSUCCESSFUL COULD TAKE IN EXCESS OF 7 DAYS.
The holding fee is the buyers premium purchase fee which is £2,000. You then have two days to exchange with a 10% deposit. With completion being 28 days later unless the contract states otherwise.
Should the property sell prior to auction the same fee of £2,000 inclusive of VAT is payable.
N.B
Tenure - TBC
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.
Floor Plan
