Property Auction Agent are delighted to offer for sale by auction 98 Glantawe Street, Morriston, a three bedroom terraced property presenting a rare opportunity for experienced investors, developers and cash buyers seeking a comprehensive renovation project.
The property has been vacant for a number of years and requires complete refurbishment throughout. Due to its current condition, no internal viewings will be conducted. The property will be sold strictly as seen, with all remaining furniture, belongings and contents included and left in situ upon completion.
Situated in the established Morriston area of Swansea, the property is conveniently located close to local shops, schools, amenities and transport links, with good access to Morriston Hospital, Swansea city centre and the M4 motorway.
FULL DESCRIPTION
Accessed directly from the pavement, the front entrance door leads into:
RECEPTION ROOM: Windows to the front and rear, access to the staircase and a door leading into the kitchen.
KITCHEN: Fitted with a selection of base and wall-mounted units, with a window to the rear.
FIRST FLOOR
BEDROOM ONE: Window to the front.
BEDROOM TWO: Centrally located bedroom.
BEDROOM THREE: Window to the rear.
BATHROOM: Window to the front.
EXTERNAL: Enclosed overgrown rear garden. On-street parking 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.
Three-bedroom mid terraced property requiring refurbishment.
Situated in Morriston, close to local amenities, schools and the M4 corridor.
* 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.
Submit an enquiry and someone will be in contact shortly.
By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.