A two-bedroom mid-terrace home located in Harries Street, Swansea, ideal for investors or those looking for a renovation project. The property is in need of works throughout, offering great potential to add value.
Internally, the property offers two bedrooms, a dining and living area, kitchen, and bathroom, with scope to reconfigure or upgrade to suit personal or investment needs. Located close to local amenities, transport links, and within easy reach of Swansea city centre, this property represents a solid investment in a sought-after area.
Viewing this property is highly recommended.
Ground Floor
Reception Room -12'6" x 10'0" (3.83m x 3.05m)
Dining Room - 15'8" x 11'4" (4.78m x 3.46m)
Kitchen - 11'10" x 8'3" (3.62m x 2.54m)
First Floor
Bedroom 1 - 15'6" x 10'7" (4.74m x 3.24m)
Bedroom 2 - 12'9" x 8'3" (3.89m x 2.54m )
External
Tiered Garden to Rear
Tenure - Freehold
Council Tax Band - C
EPC - D
N.B
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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.