295, Gors Avenue Townhill, Swansea, SA1 6RU
For Sale
£60,000
Brief Description
AUCTION REGISTRATION IS NOW OPEN
THE BIDDING WILL OPEN ON THE 9TH OF JULY 2025 AT 11AM AND WILL CLOSE ON THE 9TH OF JULY AT 12PM.
A two-bedroom mid-terrace property located in Townhill. In need of renovation, this property offers a fantastic opportunity for investors or buyers looking to add value. With strong rental potential once refurbished, it’s ideally suited for those seeking a project in a well-connected residential location. Close to local amenities, schools, and transport links.
Viewing this property is highly recommended
Full Description
Ground Floor
Reception Room - 11'10" x11'3" (3.63m x3.44m )
Kitchen/Dining Room - 14'6" x 8'6" (4.44m x 2.61m)
First Floor
Bedroom 1 - 11'6" x 10'10" (3.53m x 3.31m)
Bedroom 2 - 10'1" x 8'1" (3.08m x 2.47m )
Shed - 8'3" x 6'3" (2.52m x 1.92m )
External
Garden to the Front and Rear
Council Tax Band - A
EPC - D
Tenure - Freehold
N.B
You are advised to refer to Ofcom checker for mobile signal and coverage.
Further Information
As a prospective bidder, it's crucial to understand and adhere to the following key points regarding the auction process:
1. Due Diligence: You are responsible for thoroughly investigating all aspects of the property you intend to bid on. This includes scrutinising the legal pack, which is available upon request from Dawsons Auction House. Make sure to assess property conditions, legal title, and any potential obligations or restrictions.
2. Legal Advice: Seeking legal advice before participating in the auction is highly recommended. This can help clarify any questions or concerns you may have regarding the property or the bidding process.
3. Contractual Obligations: If you are the successful bidder, you will be legally bound to exchange contracts immediately. This requires you to pay a deposit of 10% of the purchase price. Additionally, you will need to pay a buyer's premium of £3,000 which includes VAT. Be prepared to make these payments on the auction day itself, as they are pivotal in securing your purchase.
4. Completion Timeline: The completion of the purchase must occur within 28 days, unless the contract specifies otherwise. Thus, having your finances ready and approved prior to the auction is essential to meet this timeline without complications.
5. Fees: It’s important to note that the buyer’s premium of £3,000 (inclusive of VAT) applies even if the property sells before the auction event. By ensuring you are well-informed and prepared, you can navigate the auction process more effectively
Floor Plan
