Lot 58 - Apartment 21 Portland House, 58-60 The Kingsway, Swansea, West Glamorgan, SA1 5HN

  • Unconditional Online Auction Sale
  • Guide Price* : £55,000

FOR SALE BY ONLINE AUCTION. AUCTION REGISTRATION IS NOW OPEN. ALL BIDDERS PAY A HOLDING FEE 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 (WHICH 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 OTHERWISE ON THE CONTRACT) PRE-AUCTION OFFERS CONSIDERED.

Description

We are pleased to offer for sale by Online Auction this ideal investment opportunity. This centrally located studio flat is tenanted and situated in close proximity to Swansea city-centre . The accommodation briefly comprises; open plan lounge, bedroom and kitchen and shower-room.

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To bid online you will be required to pay a holding fee this will only be withdrawn from your account should you be the successful bidder.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 2% subject to a minimum fee of £2495.

Key Feature 1

THE AUCTION WILL COMMENCE ON DECEMBER 14TH 2022 AT MIDDAY AND CONCLUDE ON DECEMBER 15TH 2022 AT MIDDAY.

Key Feature 2

Central location

Key Feature 3

Ideal investment opportunity

Council Tax Band

B

Lease Duration

100 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.

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