Lot 170 - Flats 1&2, 37 Hanover Street, Central Swansea, Swansea, Swansea, SA1 6AZ

  • Unconditional Online Auction Sale
  • Guide Price* : £95,000
  • Bedrooms: 2
  • Bathrooms: 2
  • Reception Rooms: 2

****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 property containing two self contained one-bedroom flats, located close to the city centre.
Property benefits from parking at the back which is currently rented to a local company.
The ground floor flat requires updating and the first floor flat requires a more extensive renovation.
Property offers excellent investment potential and would be a high yielding rental.

Tenure: Freehold
Council Tax:
Flat 1 and 2: B
EPC: TBC

GROUND FLOOR
Entrance hallway: 3.39m x 0.99m - Access to ground floor flat and access to first floor flat.

Ground floor flat
Bedroom: 3.42m x 3.29m (max) – 2.58m x 2.30m (min) - uPVC double glazed window to front
Reception room: 3.83m x 3.31m (max to alcove) – 3.61m x 3.31m (min) - uPVC double glazed window to rear.
Kitchen: 2.53m x 2.48m - uPVC double glazed window to side and access to rear.
Utility room: 1.72m x 1.67m – uPVC double glazed window to side.
Bathroom: 2.61m x 2.39m - uPVC double glazed window to rear.

FIRST FLOOR
Reception room: 4.52m x 3.23m - uPVC double glazed window to front
Bedroom: 3.28m x 2.71m - uPVC double glazed window to rear.
Kitchen: 2.72m x 2.48m (max) – 2.48m x 1.74m (min) - uPVC double glazed window to side.
Bathroom: 2.38m x 1.29m - uPVC double glazed window to rear.

EXTERNALLY
Off-road parking to rear

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To bid online you will be required to pay a holding fee this will only be withdrawn from your account should you be the successful bidder.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 £5,000 +VAT

Key Feature 1

Auction registration is now open. The auction will commence midday April 1st 2026 and conclude midday April 2nd 2026.

Key Feature 2

Located close to the city centre.

Key Feature 3

Property offers excellent investment potential and would be a high yielding rental.

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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