Lot 71 - 59 Station Road, Llangennech, Llanelli, Dyfed, SA14 8UD

Description

ONLINE AUCTION from 1st September-3rd September

A recently refurbished semi-detached property situated in Llangennech, offering an excellent opportunity for owner-occupiers, buy-to-let investors or potential short-term/holiday letting use.
The property provides well-presented accommodation arranged over three floors, including an attic conversion.

We understand that if let on the open market, the property could potentially achieve a rental income in the region of £1,100–£1,200 pcm (£13,200–£14,400 per annum).

A key feature is the substantial side plot, which may offer significant development potential for the construction of a detached dwelling or potentially two semi-detached dwellings, subject to obtaining all necessary planning permissions and consents. This could provide an opportunity for a purchaser to add significant value to the property.

CGI imagery has been prepared to illustrate the type of contemporary or traditional homes that could potentially be developed on the site.

No planning permission is currently in place. Any proposed development or change of use would be subject to the relevant planning permissions and statutory consents. Prospective purchasers should make their own enquiries with the local planning authority prior to bidding.

We have been informed by the vendor that the blue container currently situated on the land is not included within the sale and will be removed on completion.

Accommodation

Ground Floor: Lounge, kitchen and WC
First Floor: 2 bedrooms, bathroom
Second Floor: Attic conversion
Outside: Rear garden with parking to the side and additional on-street parking. The property benefits from a side plot of land offering potential for residential development, subject to planning (STP).

Tenancies

To be sold with vacant possession

Tenure

Advised Freehold - to be verified by solicitor

Auction Fees And Additional Costs

Auction fees: The sale of each lot is subject to a buyer’s premium/admin fee of 1.5% of the purchase price (subject to a minimum of £1,500 for sale prices between £1 and £50,000 or subject to a minimum of £2,400 for sale prices of £50,001 upwards) including VAT unless otherwise stated.

Additional costs: The purchase of the property may be subject to (but are not limited to), VAT (if applicable), reimbursement of the seller’s search fees, reimbursement of seller’s legal and/or sales costs, stamp duty/land transaction tax (LTT). Please check accompanying legal pack for further details.