AUCTION REGISTRATION IS NOW OPEN
THE BIDDING WILL OPEN ON THE 7TH OF MAY 2025 AT 12PM AND WILL CLOSE ON THE 7TH OF MAY 2025 AT 1PM
This spacious 3-bedroom terrace house in Llanelli offers great potential for buyers looking to put their personal touch on a property. While the house requires some refurbishment and modernization throughout, it presents an excellent opportunity to create a comfortable family home or a profitable investment project. Additionally, the property benefits from a garage to the rear, providing extra storage space.
Viewing this property is highly recommended.
Ground Floor
Hallway
Reception Room - 9'4" x 13'10" (2.85m x 4.24m)
Reception Room - 12'10" x 11'1" (3.92m x 3.40m)
Kitchen - 14'8" x 9'10" [max] (4.48m x 3.02m [max])
First Floor
Landing
Bedroom 1 - 10'11" x 10'1" (3.35m x 3.09m)
Bedroom 2 - 11'3" x 10'1" [max] (3.45m x 3.08m [max])
Bedroom 3 - 7'6" x 6'7" (2.31m x 2.01m
External
Front Forecourt
Garage to the rear
Garden to the rear
Council Tax Band - B
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 £2,640 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 £2,640 (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.