216-218 Trewyddfa Road

Ref: Lot 7

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Town & Country Property Auctions South Wales
Town & Country Property Auctions South Wales

Unconditional Lot


UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 5% deposit and a 5%+VAT (subject to a minimum of £5,000+VAT) buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).

Description

216-218 Trewyddfa Road, Morriston, Swansea, SA6 8NX
Auction - 27.6.24
Viewing - Please contact us

We are delighted to offer for sale this 6 x1 bedroom appartments with own kitchens, and 2 communal bathrooms situated on Trewyddfa Road in Morriston.

The property is situated over 2 floors and comprises of entrance hall, utility room, 3 bedrooms on the first floor and 2 shared bathrooms and 3 bedrooms to the lower floor. There is a large patio area to the rear with beautiful countryside views. The property is currently occupied by 6 working professionals who are paying a total of £2,540pcm including bills - please note that higher rents are achievable.

A breakdown of this monthly rent is as follows:
Room 1: £420 Room 2: £400 Room 3: £410 Room 4: £475 Room 5: £410 Room 6: £425
Approximate monthly spend on bills £750
Current annual income £2,540 - £750 x 12 months = £21,480

Buyers Premium

* Plus 5% Buyers Premium + VAT

Pre Auction Offers Are Considered

The seller of this property may consider a pre-auction offer prior to the auction date.  All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer’s Premium, and the deposit.  To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online. To find out more information or to make a pre-auction offer please contact us.

Special Conditions

Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the ‘LEGAL DOCUMENTS’.  Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.


* The Guide Price given is an indication as to where the Reserve is currently set. The Reserve is the minimum price that the auctioneer is authorised by the vendor to sell the property for. It is subject to change throughout the marketing period. Where the Guide Price is a single figure, the current Reserve will not be more than 10% above that single figure, and where a price range is given (i.e. £50,000 - £55,000), the Reserve will not exceed the upper level of the range. It is not necessarily what the auctioneer expects it will sell for.

We would like to point out that all measurements, floor plans and photographs are for guidance purposes only (photographs may be taken with a wide angled/zoom lens), and dimensions, shapes and precise locations may differ to those set out in these sales particulars which are approximate and intended for guidance purposes only.

These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms' employment has the authority to make or give any representation or warranty in respect of the property.

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