68, Broadmead Killay, Swansea, SA2 7EJ
For Sale
£115,000
Brief Description
AUCTION REGISTRATION IS NOW OPEN
THE BIDDING WILL OPEN ON THE 23RD OF APRIL 2025 AT 10AM AND WILL CLOSE ON THE 23RD OF APRIL 2025 AT 11AM
This detached 2-bedroom bungalow in Killay is an exciting renovation opportunity, ideal for investors.
Set in a desirable, quiet location, this bungalow offers the perfect canvas for those with vision. With a large plot and the potential for a beautiful garden transformation, this property is an excellent investment opportunity with the possibility of creating a highly desirable home once renovated.
With its quiet residential setting and potential for substantial improvement, this property is perfect for investors or developers looking to take on a project.
A viewing is strongly recommended to fully appreciate the potential this property has to offer.
Full Description
Ground Floor
Entrance Hall
Reception Room - 14'2" max x 11'1" min (4.32m max x 3.39m min )
Bathroom
Bedroom 1 -10'5" x 9'10" (3.20m x 3.01m )
Bedroom 2 - 9'10" x 7'11" (3.00m x 2.42m )
Kitchen - 10'3" x 7'1" (3.13m x 2.16m )
Tenure - Freehold
Council Tax Band - D
External
Front Forecourt
Garden to Rear
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 £3,000 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 £3,000 (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
