Lot 168 - 114B Tycoch Road, Sketty, Swansea, West Glamorgan, SA2 9EQ
- Unconditional Online Auction Sale
- Guide Price* : £63,000
- Bedrooms: 1
- Bathrooms: 1
- Reception Rooms: 1
****ONLINE AUCTION****
Description
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 28 DAYS AFTER EXCHANGE.
(UNLESS STATED DIFFERENT ON THE CONTRACT)
*** PRE-AUCTION OFFERS WELCOME***
We have for sale by Online Auction a studio flat in the very popular Tycoch Square. The flat has been finished to a high standard and offers excellent investment opportunity and can also be used as serviced accommodation.
The property has no service charge or lease payments with a very long lease.
From February 1st 2026 the property will be rented at £700 pcm which represents a 12% yield.
Tenure: Leasehold – 890 years
Council Tax: B
EPC: D
FIRST FLOOR
Living area:
Kitchen: 3.07m x 3.12m (max)
Bedroom: 3.62m x 3.12m (max) – 3.12m x 2.61m (min) – uPVC double glazed bay window to front.
Shower room: 2.57m x 0.93m
PLEASE NOTEIt 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To bid online you will be required to pay a holding fee this will only be withdrawn from your account should you be the successful bidder.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% subject to a minimum fee of £4,000 +VAT
Key Feature 1
Auction registration is now open. The auction will commence midday March 25th 2026 and conclude midday March 26th 2026.
Key Feature 2
The flat has been finished to a high standard and offers excellent investment opportunity.
Key Feature 3
From February 1st 2026 the property will be rented at £700 pcm which represents a 12% yield.
Lease Start Date
25/03/1914
Lease Duration
1000 years (888 years unexpired)
* 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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