7, North Road Loughor, Swansea, SA4 6QE
For Sale
£110,000
Brief Description
FOR SALE BY PUBLIC AUCTION ON WEDNESDAY 5TH OF MARCH 2025 AT 3PM IN THE SWANSEA.COM STADIUM.
We offer for auction this semi detached property situated in the prime location of Loughor, Swansea. The property comprises an entrance hallway, lounge opening to dining room, kitchen, inner hallway and shower room to the ground floor. To the first floor there are three bedrooms. Externally the property offers a front forecourt with driveway to side and a garden to rear. Situated in a convenient location, close to local schools and amenities. Viewing highly recommended to appreciate the potential this property has to offer.
Full Description
Ground Floor
Hallway
Reception Room Opening To: 12'11" (into bay) x 10'0" (3.96m (into bay) x 3.07m)
Dining Room 11'1" x 10'0" (3.38m x 3.07m)
Kitchen 10'5" x 8'5" (3.20m x 2.59m)
Inner Hallway
Shower Room
First floor
Landing
Bedroom 1 16'11" x 11'5" (5.18m x 3.48m)
Bedroom 2 11'8" x 9'10" (3.56m x 3.00m)
Bedroom 3 8'9" x 6'9" (2.67m x 2.08m)
External
Front Forecourt with Driveway to Side
Garden To Rear
Tenure - Freehold
Council Tax Band - C
Additional Information
Vendor Advises:
Electricity - British Gas
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 £2,400, 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 £2,400 (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
