Lot 43 - 186A Cwm Road, Swansea, West Glamorgan, SA1 2AY
- Unconditional Online Auction Sale
- Guide Price* : £52,000
- Bedrooms: 2
AUCTION REGISTRATION IS NOW OPEN. THE BIDDING WILL OPEN ON THE 26th OCTOBER AT MID DAY AND WILL CLOSE ON THE 27th OCTOBER 2022 AT MID DAY 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 CONSIDERED
Description
We are pleased to offer for sale by Online Auction this ideal investment opportunity. This tenanted, ground floor flat is located close to local schools, amenities and Swansea City Centre.
The accommodation comprises; spacious lounge, kitchen, bathroom, and two bedrooms.
Externally there is a communal courtyard with benches and private locked storage.
The flat is currently tenanted and let at £525 pcm
It is the responsibility of all purchasers to conduct their own investigation into all aspects of the property, and also seek legal advice. The Legal Pack will be available on our website prior to bidding commencing. 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To bid online you will be required to pay a holding fee this will only be withdrawn from your account should you be the successful bidder.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 0.5% subject to a minimum fee of £1495.
Council Tax Band
A
Lease Duration
92 years ( 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.
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.