Lot 4 - Sirius Apartments, 17 Phoebe Road, Pentrechwyth, Swansea, West Glamorgan, SA1 7GA
- Unconditional Online Auction Sale
- Guide Price* : £78,000
- Bedrooms: 1
- Bathrooms: 1
- Reception Rooms: 1
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 take to online auction, this on bedroom apartment situated close to Swansea city centre, schools, transport links and a short walk from Morfa retail park and the Swansea.com stadium. The accommodation briefly comprises of open plan kitchen living area with balcony, bedroom and bathroom. The building offers a secure lobby with allocated mailbox, lift, secure refuse area and offers a dedicated parking spot. This property is currently being let for £750 pcm and offers an approximate rental yield of 10% making this an ideal investment opportunity. The property can be sold furnished or unfurnished – please refer to the legal pack for further information.
FULL DESCRIPTION
FRONT ENTRANCE HALL: Enter through front door into hallway, airing cupboard, internal doors leading to;
RECEPTION ROOM/KITCHEN: 17’07 x 9’05- UPVC double glazed patio doors leading to balcony, uPVC window to side, electric radiator.. The kitchen is fitted with a selection of base and wall units with worksurface over, stainless steel sink and drainer, integrated fridge/freezer, washing machine, cooker and extractor, radiator and space for dining table and chairs.
BEDROOM: - 13’02 x 9’04 - uPVC double glaze window to front, electric radiator, built in cupboard.
BATHROOM: Three-piece suite comprising bath with overhead shower, low level WC, wash hand basin and radiator.
EXTERNALLY
The building is accessed via secure lobby, with allocated mailbox and lift to upper floors. There is a secure refuse area and dedicated parking spot at the front of the building.
COUNCIL TAX BAND: C
EPC: C
TENURE: LEASEHOLD – 109 years remaining
PLEASE NOTEIt 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
PAYMENTSTo 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 prior to bidding.
A buyer’s premium fee is payable should a property be sold pre-auction this fee is 2% subject to a minimum fee of £2,495.
Accommodation
One bedroom apartment with open plan kitchen/living room, bedroom with built in storage cupboard and bathroom.
Location
Close proximity to Swansea city centre, in walking distance to Morfa retail park and close to local transport links, schools and local amenities.
Council Tax Band
C
Lease Start Date
01/04/2007
Lease Duration
125 years (108 years unexpired)
Annual Ground Rent
£200
* 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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