This property is no longer on the market
6 bedroom block of apartments
Key information
Property description & features
- Tenure: Freehold
For sale by unconditional online auction, registration is now open. Bidding opens on 27/06/2024 10:00 and ends on 27/06/2024 12:05.
216-218 Trewyddfa Road, Morriston, Swansea, SA6 8NX
Auction - 27.6.24
Viewing - Please contact us
We are delighted to offer for sale this 6 x1 bedroom appartments with own kitchens, and 2 communal bathrooms situated on Trewyddfa Road in Morriston.
The property is situated over 2 floors and comprises of entrance hall, utility room, 3 bedrooms on the first floor and 2 shared bathrooms and 3 bedrooms to the lower floor. There is a large patio area to the rear with beautiful countryside views. The property is currently occupied by 6 working professionals who are paying a total of £2,540pcm including bills - please note that higher rents are achievable.
A breakdown of this monthly rent is as follows:
Room 1: £420 Room 2: £400 Room 3: £410 Room 4: £475 Room 5: £410 Room 6: £425
Approximate monthly spend on bills £750
Current annual income £2,540 - £750 x 12 months = £21,480
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.
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Property reference 249947. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Town & Country Property Auctions - South Wales.
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Broadband availability and predicted speed
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Mobile phone signal availability and predicted strength
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
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Energy Performance data and Internal floor area
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