Guide price
£340,000
6 bed terraced house for saleKing Edward's Road, Swansea SA1
6 beds
6 baths
2 receptions
Added on
About this property
Sale by Modern Auction (T&Cs apply)
Subject to an undisclosed Reserve Price
Buyers fees apply
Council Tax and EPC: Please See Agent Notes in Brochure
Mid Terrace 6 Bedroom Investment Opportunity
Modern Interior Throughout
Strong Rental Potential and Track Record
Close Proximity to Swansea City Centre
Summary
Substantial and versatile investment property arranged over four floors, comprising three self-contained living areas with a total of six bedrooms. Modern throughout and ideally located close to Swansea City Centre, with on-street parking and a low-maintenance rear garden.
Description
An excellent investment opportunity situated on King Edwards Road, offering spacious and flexible accommodation arranged over four floors and presented to a modern standard throughout.
The basement level comprises a self-contained flat featuring a lounge, bedroom, kitchen and bathroom, providing independent living accommodation with strong rental potential.
The ground floor offers a further living area with lounge, bedroom, kitchen, shower room and separate W.C., while the first floor benefits from an open-plan kitchen/lounge and two double bedrooms, both enjoying their own ensuite shower rooms.
Occupying the second floor are two additional bedrooms, each with ensuite shower facilities, with one bedroom benefiting from access to a private balcony.
Externally, the property enjoys a small rear garden and on-street parking to the front. Conveniently positioned close to Swansea City Centre, local amenities, transport links and Swansea University, this substantial property presents an attractive opportunity for investors seeking a ready-to-go rental property with versatile accommodation.
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.
Basement
Lounge 11' 9" x 11' ( 3.58m x 3.35m )
Kitchen 11' 10" x 8' 5" ( 3.61m x 2.57m )
Bedroom 14' 2" x 11' 3" ( 4.32m x 3.43m )
Bathroom
Ground Floor
Lounge 13' 11" x 9' 3" ( 4.24m x 2.82m )
Kitchen
W/C
Shower Room
Bedroom (5) 14' 1" x 11' 6" ( 4.29m x 3.51m )
First Floor
Kitchen/Lounge 16' 8" x 11' 11" ( 5.08m x 3.63m )
Bedroom (3) 12' 6" x 11' 7" ( 3.81m x 3.53m )
Bedroom (4) 10' 9" x 9' ( 3.28m x 2.74m )
Shower Room (bed 3)
Shower Room (bed 4)
Second Floor
Bedroom 1 12' 10" x 12' 3" ( 3.91m x 3.73m )
Bedroom 2 11' 9" x 11' 2" ( 3.58m x 3.40m )
Shower Room (bed 1)
Shower Room (bed 2)
Balcony
Agent Note 1
Council Tax Set Up:
Lower gnd fl: A
gnd fl Flat 2: A
Flat 3 1st and 2nd fl : C
Agent Note 2
EPC Set Up:
Basement Flat: C
Ground Floor: C
First and Second Floor: C
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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