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Guide price

£40,000

2 bed semi-detached house for sale
Frederick Place, Llansamlet, Swansea SA7

    • 2 beds

    • 1 bath

    • 1 reception

  • EPC Rating: G

  • Auction
  • Freehold

Dawsons - Swansea Sales, Auction and Commercial

Logo of Dawsons - Swansea Sales, Auction and Commercial

About this property

  • For Sale by Auction

  • Semi - Detached

  • Flying freehold

  • Two Reception Room

  • Two Bedrooms

  • EPC - G

This two bedroom property in Llansamlet, Swansea, offers a fantastic opportunity for investors seeking a renovation project. While requiring complete refurbishment, the property provides significant potential to add value through modernization. Its location in a desirable area enhances its appeal for both rental and resale purposes. With its strategic location, excellent transport links, and access to amenities.
Viewing this property is highly recommended.

Ground Floor

Kitchen (4.0m x 0.9m (13'1" x 2'11"))

Bathroom

Reception Room 1 (3.3m x 4.3m (10'9" x 14'1"))

Reception Room 2 (3.61m x 2.7m (11'10" x 8'10" ))

First Floor

Bedroom 1 (2.3m 4.36m (max) x 3.39m 1.7 (min) (7'6" 14'3" (ma)

Bedroom 2 (3.63m x 2.6m (11'10" x 8'6" ))

External

Front Forecourt

Garden To The Rear

Tenure - Flying Freehold

Council Tax Band - B

Epc - G

N.B

You are advised to refer to Ofcom checker for mobile signal and coverage.

Further Infomation

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.

More information

See all recent sales in SA7

Property descriptions and related information displayed on this page are marketing materials provided by - Dawsons - Swansea Sales, Auction and Commercial. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Dawsons - Swansea Sales, Auction and Commercial for full details and further information.