Lot 44 - 74a Martin Street, Morriston, Swansea, SA6 7BL
Guide Price* : £40,000+
- Unconditional Online Auction Sale
- 1 Bedroom
Investment Opportunity
Description
ONLINE AUCTION from 8th DECEMBER - 10th DECEMBER
A surprisingly spacious self-contained ground floor flat with parking. The property has previously benefitted from an upgrade to include fitted kitchen and shower room, and has a spacious lounge/dining room.
The property is convenient for Morriston town centre and adjoining link roads to the M4 motorway and the surrounding retail parks.
The tenant has indicated they are keen to remain in occupation.
VIRTUAL TOUR:
Accommodation
Ground Floor: Entrance, kitchen, lounge/diner, bedroom, bathroom
Outside: Parking space
Tenancies
The property is let on AST at £700 per calendar month
Total annual income £8,400
Tenure
Virtual freehold 999 year lease peppercorn ground rent - 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.
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Guide Price* : £40,000+
- Unconditional Online Auction Sale
- 1 Bedroom
Investment Opportunity
Viewing
Paul Fosh Auctions
Office Contact
Sean Roper
Documents
Auction Finance
As a trusted partner of Paul Fosh Auctions, Together could offer the auction finance you need, when you need it. Visit togethermoney.com for more information.
If considering a mortgage, we advise that you inspect and consider the property carefully with your lender before bidding.
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