12 bed block of flats for sale

42 Swan Road, Baglan, Port Talbot SA12

Guide Price £280,000- £340,000 * Plus 5% Buyers Premium + VAT
For sale by unconditional online auction, registration is now open. Bidding opens on 28/05/2025 10:00 and ends on 28/05/2025 13:00.

**investment opportunity**
6 X 2 Bedroom flats, fully let with an annual income of £34,800pa.
Viewing- tbc

Located in a convenient location, approximately 5 miles from Swansea city centre and minutes from the M4 Motorway.

The accommodation is fully let and provides a yield of approximately 12.5%

There is potential to improve the flats and increase the rents .

A fantastic opportunity.

Please note - we have been advised that there may be Japanese Knottweed on the boundary of the property

unconditional lot Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 5% deposit and a 5%+VAT (subject to a minimum of £5,000+VAT) buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).

Pre-Auction Offers Are Considered
The seller of this property may consider a pre-auction offer prior to the auction date. All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer's Premium, and the deposit. To make a pre-auction offer we will require two forms of id, proof of your ability to purchase the property and complete our auction registration processes online. To find out more information or to make a pre-auction offer please contact us.

Special Conditions
Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the legal documents'. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.