3 bed block of flats for sale

King Edward's Road, Swansea SA1

Situated on King Edward's Road, Swansea, this substantial mid-terrace property is offered for sale by auction, providing a versatile combination of commercial and residential accommodation.

The ground floor comprises commercial accommodation with a shop floor and a further room, together with a separate one-bedroom flat. To the first floor is a two-bedroom flat, with an attic room to the second floor.

The property requires works and refurbishment throughout, offering an excellent opportunity for investors or buyers looking for a project with scope to improve and modernise.

Ideally positioned for Swansea Bay, Singleton Park, Swansea University, and Singleton Hospital, the property is also close to local schools, everyday amenities, and the vibrant Uplands Quarter, renowned for its excellent selection of restaurants, cafés, and bars.

Offering a combination of commercial and residential accommodation in a highly convenient Swansea location, this property presents an interesting auction opportunity with plenty of scope and potential.

Viewing is highly recommended to appreciate the accommodation, location, and potential this property has to offer.

Ground Floor Shop

Entrance

Shop Front (4.46m x 4.11m (14'7" x 13'5"))

Shop Back (3.80m x 3.46m (12'5" x 11'4"))

Ground Floor Flat

Entrance

Hallway

Bedroom (3.58m x 2.79m (11'8" x 9'1"))

Lounge (3.34m x 3.10m (10'11" x 10'2"))

Kitchen (2.76m x 1.51m (9'0" x 4'11"))

Bathroom

First Floor Flat

Entrance

Hallway

Lounge (5.22m x 4.18m (17'1" x 13'8"))

Bedroom 1 (3.70m x 3.10m (12'1" x 10'2"))

Balcony (3.10m x 2.12m (10'2" x 6'11"))

Bedroom 2 (3.61m x 3.46m (11'10" x 11'4"))

Kitchen (2.28m x 2.21m (7'5" x 7'3"))

Bathroom

Second Floor

Loft Room

Tenure - Freehold

Council Tax Band

Ground Floor Flat - B
First Floor Flat - B
Shop - Business Rates

Epc

First Floor Flat - E
Ground Floor Flat - tbc
Shop - tbc

Services

Mains Gas & Electric
Mains Sewerage

“You are advised to refer to the Ofcom checker for information regarding mobile signal and broadband coverage, as, due to the property being vacant, we cannot confirm availability.”

Key Auction Guidelines For Bidders

1. Do Your Research: Investigate the property thoroughly, including reviewing the legal pack (available from Dawsons Auction House). Check the condition, title, and any restrictions.

2. Get Legal Advice: Consult a solicitor before bidding to clarify any legal or procedural concerns.

3. Understand Your Commitments: If you win, you must exchange contracts immediately, pay a 10% deposit, and a £3,000 buyer’s premium (incl. VAT) on the day.

4. Be Financially Ready: Completion is due within 28 days (unless stated otherwise), so ensure your finances are in place before bidding.

5. Fees Apply Regardless: The £3,000 buyer’s premium applies even if a pre auction offer is agreed.

Being well-prepared is key to a smooth auction experience.