Lot 107 - 31 Alexandra Road, Swansea, West Glamorgan, SA1 5DQ
- Unconditional Online Auction Sale
- Guide Price* : £185,000
- Bedrooms: 4
- Bathrooms: 4
- Reception Rooms: 3
*****FOR SALE BY ONLINE AUCTION***** AUCTION REGISTRATION IS NOW OPEN.ALL BIDDERS PAY A HOLDING FEE IN ORDER TO BID IN THE ONLINE AUCTION. THE WINNING BIDDER WILL BE REQUIRED TO PAY THE DEPOSIT WHICH IS 10% OF THE FINAL BID AND THEIR HOLDING FEE IS RETAINED BY THE AUCTIONEERS. IF SOLD PRIOR TO AUCTION NO HOLDING FEE APPLIES BUT A BUYERS’ PREMIUM IS REQUIRED TO EXCHANGE. COMPLETION WILL BE SET AT 28 DAYS AFTER EXCHANGE UNLESS NEGOTIATED OTHERWISE *** PRE-AUCTION OFFERS WELCOME***
Description
We have for sale by Online Auction an excellent investment opportunity in a prime Swansea City Centre
location. The property comprises of 2 commercial units, 2 one-bed flats and a two-bed flat. The property
comes with vacant possession in all units and offers plenty of scope to maximize investment potential.
The property is fitted with an L2 fire alarm system.
Due to size no business rates or council tax are payable on the commercial units.
Tenure: Freehold
Council Tax: Flat 1 – A, Flat 2 – B, Flat 3 – A
EPC: Flat 1 – F, Flat 2 – E, Flat 3 – D
PLEASE NOTE
It is the responsibility of all purchasers to conduct their own investigation into all aspects of the property and seek legal advice. The Legal Pack will be available on our website prior to bidding commencing. Please note legal packs can be downloaded through The Property Auction House website. www.thepropertyauctionhouse.com
PAYMENTS
To bid online you will be required to pay a holding fee this will only be withdrawn from your account should you be the successful bidder. To exchange 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).We always strongly recommend ensuring your finances are in place prior to the auction, due to the timescales involved.
A buyer’s premium fee is only payable should a property be sold pre auction, this fee is 2%+VAT subject to a minimum fee of £3,500+VAT
Key Feature 1
AUCTION REGISTRATION IS NOW OPEN. THE AUCTION WILL COMMENCE MIDDAY SEPTEMBER 25th 2024 AND CONCLUDE MIDDAY SEPTEMBER 26th 2024.
Key Feature 2
Commercial and Residential Investment opportunity in Swansea City Centre
Key Feature 3
Commercial and Residential Units with excellent potential to maximise yield.
Council Tax Band
B
* 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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