Neath Road
Swansea, SA1

£70,000 Guide price
111
  • Unit 5, Meridian Wharf, Trawler Road,
    Swansea, SA1 1LB
  • Sales & Lettings 01792 825970
Call Us 01792 825970

Features

  • Auction Pack Available on Request
  • Buyers Fees Apply
  • Ideal Investment Property
  • Commercial and Residential Space
  • Versatile space
  • Flat sold with tenant in situ
  • EPC - E

Description

Tenure: Freehold

* FOR SALE BY ONLINE AUCTION * * PRE AUCTION OFFERS CONSIDERED 

Guide Price: £70,000 - £80,000

Auction Date: TBC

Belvoir are pleased to offer this unique opportunity in purchasing commercial premises on the ground floor and a one bed flat to the first floor to the market. Ideally located on Neath Road Located in Swansea and conveniently situated for the local shops and businesses nearby. Only a short drive from the city centre. Potential yield of £11,400 per annum.

 * SOLD WITH TENANT IN SITU PAYING £425 PCM *

Ground Floor

Commercial Space 11.1"x 12" & 25.9" 15.7" & 6.8"x 6.1"

WC 5.0"x 2.10"

 

First Floor Flat 

Hallway 12.1" x 5.8" 

Lounge 9.11 x 15.6"

Bedroom 10.8" x 9.6"

Kitchen 8.2" 9.6"

Bathroom 4.8" x 9.5" 

 

DISCLAIMER: 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 most satisfy themselves by inspection or otherwise as to their accuracy. No person in this firm’s employment has the authority to make or give any representation or warranty in respect of the property.

Belvoir and our partners provide a range of services to buyers, although you are free to use an alternative provider. For more information simply speak to someone in our branch today. We can refer you on to The Mortgage Advice Bureau for help with finance. We may receive a fee of £250 (incl VAT), if you take out a mortgage through them. If you require a solicitor to handle your purchase, we can refer you on to a number of local solicitors. We do not receive a fee if you use their services.

Auction Terms:

This property is for sale via Online Auction. This is a modern twist on the traditional auction room sale where buyers can bid for the property via an online platform. The auction will run for 3 hours on a set date and time chosen by the vendor of the property. The winning bidder, assuming the reserve is met, is legally bound to exchange on the property and pay a 10% deposit similar to a traditional auction house sale and they will have 28 days to complete, please check the legal paperwork to confirm deposit amount. Upon completion of a successful auction the winning bidder will be required to pay a non-refundable reservation fee of 3% inclusive of VAT of the winning bid in addition to the purchase price subject to a minimum fee of £4,800 inclusive of VAT. The auction is powered and carried out by Whoobid and is subject to terms & conditions which will form part of the auction pack which will be available to download for free once produced by the vendors legal representatives. We strongly recommend that you review the legal documents prior to bidding and seek legal advice. PLEASE REMEMBER THAT THE RESERVATION FEES ARE PAYABLE IN ADDITION TO THE ASKING PRICE. Bidders will be required to register in order to download the ‘legal pack’, if you choose to bid on the property you will be required to complete further identity checks for anti-money laundering purposes and provide card details before you are able to place a bid.

 

**Guide price - This is an indication of the seller’s minimum expectations at auction and is not necessarily the figure the property will achieve but acts as a guide, prices are subject to change prior to the auction.

 

**Reserve price - Most auctions will be subject to a reserve price, if this figure is not achieved during the auction then the property will not be sold. In normal circumstances the reserve price should be no more than 10% above the guide price

EPC rating: E.

Calculate your mortgage

Find out how much it may cost to buy this property using our mortgage calculator below.