Due to the Covid 19 pandemic we have moved our current Auction properties to an established and secure online auction platform using the latest real time bidding technology. Should any property be of particular interest, or you should wish to bid, please notify our Auction department at your earliest opportunity so they are able to advise you of when the bidding opens and ends so that you do not miss out. You will also find this information on our web-site where you are able to register your interest for free by clicking on the individual property of interest ‘watch this lot’. Should you be considering selling even in these unprecedented times please call us for expert advice or any help needed on 01792 478903/904 or email auction@dawsonsproperty.co.uk
114b Tycoch Road Sketty Swansea SA2 9EQ
For Sale
£65,000
Brief Description
FOR SALE BY ONLINE AUCTION.
We are pleased to offer this 28 square meters studio apartment located in the heart of Tycoch. The property benefits from being close to local amenities and public transport links. Accommodation comprises: lounge bedsit, modern fitted kitchen with integrated appliances and shower room. The property is being sold with a tenant in situ paying £600 pcm. The vendor previously rented the property as a holiday let/serviced accommodation and achieved between £650 and £900 pcm. Ideal turn key investment property, please contact the auction department if you are interested. PLEASE NOTE: we are unable to conduct any viewings at the property. EPC - TBC
PLEASE BE ADVISED THAT WHILST VIEWINGS ARE RESTRICTED THE PROPERTY WILL NOT BE ENTERED INTO AN ONLINE AUCTION UNTIL THE LEGAL PACK IS COMPLETE AND 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
We are pleased to offer this 28 square meters studio apartment located in the heart of Tycoch. The property benefits from being close to local amenities and public transport links. Accommodation comprises: lounge bedsit, modern fitted kitchen with integrated appliances and shower room. The property is being sold with a tenant in situ paying £600 pcm. The vendor previously rented the property as a holiday let/serviced accommodation and achieved between £650 and £900 pcm. Ideal turn key investment property, please contact the auction department if you are interested. we are unable to conduct any viewings at the property.
EPC - D
TENURE
Leasehold
900 Years remaining
Ground Rent £14 (not collected)
N.B.
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). Should the property go to an online auction a different fee is payable. 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.
N.B.
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.