Land adjacent to 1 Carlton Terrace, Swansea, SA1 6 AB
Sold
£20,000
Brief Description
FOR SALE BY ONLINE AUCTION
Fantastic opportunity to purchase a piece of land in the centre of Swansea, suitable for secure private parking, yard space, open air storage or potentially to build a garage/storage unit subject to the relevant planning applications and building regulations. This offers not only a practical use to an owner but also an investment potential we estimate you would be able to out the space for £200 a month totally £2,400 a year offering a yield of 12% per annum based off the guide price. Please call the office for more information.
PLEASE BE ADVISED THAT WHILST VIEWINGS ARE RESTRICTED THE PROPERTY, AUCTION DATE MAY BE SUBJECT TO CHANGE DEPENDING ON COMPLETION OF THE LEGAL PACK AND IF 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 opportunity to purchase a piece of land in the centre of Swansea, suitable for secure private parking, yard space, open air storage or potentially to build a garage/storage unit subject to the relevant planning applications and building regulations. This offers not only a practical use to an owner but also an investment potential we estimate you would be able to out the space for £200 a month totally £2,400 a year offering a yield of 12% per annum based off the guide price. Please call the office for more information.
N.B
A holding fee of £1,800 is payable to secure the property. You then have two days to exchange with a 10% deposit.
PLEASE BE ADVISED THAT DEPENDING ON YOUR INDIVDUAL BANK OR BUILDING SOCIETY. THE RELEASE OF THE HOLDING FEE IF UNSUCCESSFUL COULD TAKE IN EXCESS OF 7 DAYS.
Should the property sell outside of the online auction upon exchange, a 10% deposit is required. In addition, a Buyer's Premium fee is payable. This fee is 0.5% + VAT subject to a minimum fee of £995 plus VAT (£1,194).
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.