Guide price
£50,000
1 bed flat for saleEiddwen Road, Penlan, Swansea SA5
1 bed
1 bath
1 reception
- Retirement
- Auction
Peter Alan - Swansea
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About this property
Sale by Modern Auction (T&Cs apply)
Subject to an undisclosed Reserve Price
Buyers fees apply
One-bedroom first-floor flat
Spacious Reception Room
Large private garden
Purchase of property comes with the purchase of a share of the freehold
Requires modernisation
Summary
One-bedroom first-floor flat with reception room and large garden, located on Eiddwen Road, Penlan. In need of modernisation but offering excellent value, ideal for retirement or downsizing.
Description
Situated on the popular Eiddwen Road in Penlan, this one-bedroom first-floor flat presents an excellent opportunity for buyers seeking a well-priced property with scope to modernise and add value.
The accommodation comprises a comfortable reception room, a good-sized bedroom, kitchen, and bathroom. A particular highlight of the property is the large private garden, offering outdoor space rarely found with flats and ideal for gardening or relaxing.
While the property would benefit from updating throughout, it offers strong potential and represents great value for money. Its layout and location make it especially suitable for those looking to downsize or for retirement living, with local amenities and transport links nearby. Subject to the necessary permissions, there is already a dropped kerb at the front of the property giving potential for off road parking.
There is a large loft with the property that subject to the necessary permissions could prove potential for maximising the space above.
An ideal purchase for buyers seeking a manageable home with outdoor space in a convenient residential area.
Auctioneer's Comments
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded.
The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of no more than £349 inc. VAT towards the preparation cost of the pack. Please confirm exact costs with the auctioneer.
The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.
Lounge 14' 11" x 10' 1" ( 4.55m x 3.07m )
Bedroom One 11' 8" x 10' 6" ( 3.56m x 3.20m )
Agents Note
The sale of this property is subject to receipt of Grant of Probate. Please obtain an update from the branch with regards to the potential timeframes involved
Kitchen
Dressing Room
Lease details are currently being compiled. For further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.
1. Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither Peter Alan nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
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