Lot 88 - 5 Reginald Street, Port Tennant, Swansea, West Glamorgan, SA1 8JX
- Unconditional Online Auction Sale
- Guide Price* : £35,000
- Bedrooms: 3
- Bathrooms: 1
- Reception Rooms: 3
Kindly visit our website: www.propertyauctionagent.com to register your interest. All participants are required to pay a holding fee to bid in the online auction, with the winning bidder also paying a deposit of 10% of the final bid; the holding fee of the winning bidder is retained by the auctioneers. In instances where a property is sold before the auction, no holding fee is necessary, but a buyers’ premium is mandatory upon exchange. The completion will take place 28 days post-exchange unless the contract specifies otherwise. Pre-auction offers are welcomed.
Description
Property Auction Agent are delighted to offer for sale by auction 5 Reginald Street, Port Tennant, a three-bedroom mid-terrace property presenting an excellent opportunity for investors, developers or cash buyers seeking a substantial renovation project.
The accommodation comprises two reception rooms, dining room, lean-to kitchen/utility area to the ground floor, with three bedrooms and a family bathroom to the first floor. The property requires extensive refurbishment throughout.
Externally, the property benefits from rear garden, a brick-built shed / WC and rear access. On-street parking is available to the front.
Situated in the popular Port Tennant area of Swansea, the property is conveniently located close to local shops, schools, amenities and transport links, with easy access to Swansea city centre and the M4 motorway.
FULL DESCRIPTION
Access from pavement up steps, enter via PVC front door into hallway leading to;
RECEPTION ROOM ONE: 3.4 x 3.1m – Window to front.
RECEPTION ROOM TWO: 3.4 x 2.5m – Window to rear, build in cupboard.
DINING ROOM: 3.1 x 3.9m – Window to side, fireplace, access to understairs cupboard.
KITCHEN: 3.1 x 2.8m –Window to rear, door leading to garden.
BEDROOM ONE: 4.4 x 3.4m – Window to front.
BEDROOM TWO: 3.4 x 2.5m – Positioned centrally, window to rear.
BEDROOM THREE: 3.1 x 2.5m – Window to rear.
BATHROOM: 1.4 x 2.2m – Three-piece suite consisting of bath, sink, WC and electric shower overhead.
EXTERNAL: Enclosed rear garden with rear access. a brick-built shed / WC and rear access. On-street parking is available to the front.
AUCTION INFORMATION
PLEASE NOTE
It is the responsibility of all purchasers to conduct their own investigation with regards to all aspects of the property and seek legal advice. The Legal Pack will be available on our website prior to the auction commencement. The legal pack can be downloaded through www.propertyauctionagent.com
PAYMENTS
To bid online you will be required to pay a holding fee this will only be retained should you be the successful bidder. To exchange contracts, you will be required to pay a 10% deposit and sign the contract within 24 hours and complete the transaction paying the balance of funds within 28 days, (this timescale may vary always read the contract in the Legal Pack for confirmation).
Due to the timescales involved, we strongly recommend ensuring your finances are in place and seeking qualified legal advice prior to bidding.
If the property is purchased prior to auction, a buyer’s premium of £3,495 plus VAT will be payable upon exchange of contracts.
Accommodation
A three-bedroom terraced property offering an ideal investment opportunity.
Location
Located in the popular area of Port Tennant offering easy access to Swansea city centre, the M4 corridor, local amenities and public transport links.
* 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.
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