Lot 49 - 50 Glebe Road, Loughor, Swansea, West Glamorgan, SA4 6QD
- Unconditional Online Auction Sale
- Guide Price* : £65,000
- Bedrooms: 2
AUCTION REGISTRATION IS NOW OPEN. THE BIDDING WILL OPEN ON THE 5th OCTOBER AT MID DAY AND WILL CLOSE ON THE 6TH 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)
Description
We are delighted to offer for sale by Online Auction this excellent investment opportunity. This truly unique two-bedroom semi-detached property in need of renovation position on a substantial plot. The accommodation currently comprises; lounge, kitchen bathroom and separate WC to ground floor, and to the first floor two bedrooms with a good size landing. The property benefits from having a large garden to the rear, although overgrown and area to the side which offers potential. The property is located a short distance from the M4 as well as the Gower, Llanelli and is in close vicinity to schools and local amenties.
The property would make an ideal investment, buy-to-let, AIRBNB, holiday let. Viewing is essential to appreciate this unique property.
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To bid online you will be required to pay a holding fee this will only be withdrawn from your account should you be the successful bidder.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 £1995.
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.
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.