* VACANT POSSESSION*
Dawsons Auction House welcome a modern ground floor apartment situated in the popular Development of South Quay and offers easy access to local amenities and M4. The property comprises two bedrooms - master with ensuite and french doors to the sit out terrace, open plan kitchen with integrated appliances, lounge diner leading to a sit out terrace and family bathroom. Other features include allocated secure underground parking, lift access and electric heater.
EWS1 AVAILABLE
ENTRANCE
Block 1. Ground floor. Lift to car park.
HALLWAY
Intercom. Alarm. Cupboard housing hot water tank and space for washing machine.
BATHROOM
White suite comprising WC, pedestal wash hand basin and bath with shower over and shower screen. Chrome heated towel rail. Tiled floor.
LOUNGE DINER OPEN PLAN TO KITCHEN
Double glazed french doors leading to a sit out decked terrace. TV and telephone points. Electric heater.
KITCHEN
White gloss drawer, base and wall units with grey worktop and up stand. Stainless steel single oven. Four ring electric hob with stainless steel splash back and stainless steel extractor fan. Integrated dishwasher and fridge freezer. Stainless steel one and a half bowl sink. Laminate flooring.
MASTER BEDROOM - 11'5 x 9'2 (3.48m x 2.79m )
Double French doors leading to a decked balcony with views overlooking the waterfront of SA1. Telephone and TV points.
ENSUITE
White bathroom suite comprising of WC, pedestal wash hand basin and a walk in shower. Half height tiling to walls behind WC and wash hand basin, full height to shower area. Chrome heated towel rail. Tiled floor.
BEDROOM TWO - 10'9 x 6'7 (3.28m x 2.01m )
Double-glazed windows. Electric radiator.
EXTERNAL
Secure allocated underground parking space 26
TENURE - LEASEHOLD
Lease term 99 years with 84 years remaining
Service charges £3000 pa approx
Ground Rent £150 Per annum
COUNCIL TAX BAND D
EPC - D
UTILITIES
Electric - Ovo energy
No gas
Water meter - Welsh Water
FURTHER INFORMATION
We have been informed that no pets or short term holiday lets are allowed in the building.
EWS1 AVAILABLE
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 £2,400, 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 £2,400 (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.