investment in SA2

Finsbury Terrace, Brynmill, Swansea, Abertawe, SA2 0AH

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Online auction

Alternatively call 0191 580 1587 or email commercial@pattinson.co.uk

  • 4 Self Contained flats
  • Investment Opportunity
  • Parking Facilities
  • Currently Tenanted
  • Freehold Title

investment in SA2

FOR SALE BY AUCTION: Terms and conditions apply.

We are pleased to offer to auction this ideal investment opportunity to purchase this three storey building with 4 self contained flats and tenants in situ. The property is located within easy reach of local amenities and transport links.

Please note: We have not inspected this property.


Summary

  • Property Type: Investment
  • Tenure: Freehold
  • Parking: Allocated

Location

The subject property is well located along Finsbury Terrace. This property is located within easy reach of local amenities, transport links and schools. The subject property is located approximately 0.7 miles from Brynmill town centre and approximately 1.3 miles from Swansea city centre.

Accommodation

The Property:
Entrance
Enter via wooden door into:
Communal Hallway
Stairs to first floor, tiled flooring.

FIRST FLOOR
Landing
Stairs to second floor.
Flats 2 and 3.

SECOND FLOOR
Flat 4

FLATS:
Flat One:
Bedroom 1 (4.67m X 3.75m)
UPVC double glazed window to front, tiled fire surround with gas inset fire, coved ceiling, radiator.
Bedroom 2 (3.55m X 3.02m)
UPVC double glazed window to rear, laminate flooring, alcoves storage, radiator.
Hallway - Tiled floor.
Lounge (3.68m X 3.41m)
UPVC double glazed window to side, radiator.
Kitchen (1.92m X 1.76m)
Fitted with a range of wall and base units with work surface over, stainless steel sink and drainer with mixer tap, wall mounted gas central heating boiler, space for washing machine and cooker, uPVC double glazed window to rear, uPVC external door to side.
Shower Room
Three piece suite comprising shower cubicle, low level w.c, pedestal wash hand basin, part tiled walls, extractor fan, uPVC double glazed window to rear.

Flat Two (Studio):
Lounge/Bedroom (3.42m X 2.60m)
UPVC double glazed window to side.
Shower Room.
Three piece suite comprising shower cubicle, low level w.c, pedestal wash hand basin, fully tiled walls, spot lighting, uPVC double glazed window to side.
Kitchen/Breakfast Room (3.62m X 2.25m)
Fitted with base units with work surface over, stainless steel sink and drainer with mixer tap, built in oven and hob, part tiled walls, spot lighting, laminate flooring, uPVC double glazed door to rear leading to fire exit.

Flat Three:
Bedroom (3.59m X 2.26m)
UPVC double glazed window to front, radiator.
Lounge (3.65m X 2.92m)
UPVC double glazed window to front, tiled fire surround with gas inset fire, radiator.
Kitchen (3.55m X 1.56m)
Fitted with a range of wall and base units with work surface over, stainless steel sink and drainer with mixer tap, wall mounted combination boiler, space for cooker and washing machine, tiled floor, part tiled walls, uPVC double glazed window to rear.
Shower Room.
Three piece suite comprising shower cubicle, low level w.c, wall mounted wash hand basin, part tiled walls, tiled floor, extractor fan.

Flat Four:
Hallway - Laminate flooring, loft access.
Lounge/Dining Room Open Plan Kitchen (5.27m X 3.87m)
Fitted with modern base units with work surface over, wall mounted combination boiler, radiator, uPVC double glazed window to front.
Bedroom (3.58m X 2.16m)
UPVC double glazed window to rear, laminate flooring, radiator.
Shower Room..
Two piece suite comprising shower cubicle, pedestal wash hand basin, tiled walls, tiled floor.
W.C
Low level w.c, wall mounted wash hand basin, splash back tiles, tiled floor, velux window.

EXTERNAL:
Front forecourt. Enclosed parking area to the rear of the building.

Tenure

FREEHOLD. TITLE NUMBER: WA370655

Council Tax

Ground floor flat: Band B
First floor flat: Band B
Second floor flats: Band B
Sourced from GOV.UK

EPC

Flat 1: Available upon request (rating D).
Flat 2: Available upon request (rating E).
Flat 3: Available upon request (rating C).
Flat 4: We currently await a copy of the Energy Performance Certificate.

Additional Information

For further information please contact our office direct on 0191 737 1154, or alternatively via e-mail on commercial@pattinson.co.uk. With regards to viewing the subject property, this is to be done strictly by appointment through Keith Pattinson Commercial department. Please contact us to arrange an internal inspection, or to register your interest.

This property is being sold subject to unconditional reservation fee auction terms and conditions.

 

Timescales

Contracts will exchange immediately. There are 28 days in which to complete the purchase.

 

Legal Pack

A legal pack is available to download. Special conditions may apply.

We strongly recommend buyers familiarise themselves with the legal pack prior to bidding.

 

Deposit

In order to secure the purchase a buyer will pay a deposit of 5% which contributes towards the overall purchase price of the property.

The deposit is non-refundable. 

 

Buyer Fees

This property is sold subject to a non-refundable reservation fee of 5% + VAT to a minimum of £5,000 + VAT (£6,000 inc VAT) This does not form part of the purchase price.

A reservation fee is payable by the buyer where a seller has opted to sell with no fees. As a result, a lower reserve price is usually agreed on lots where a reservation fee is applicable.

 

More Information

For more information call our auction experts on 0191 206 9335 or email auction@pattinson.co.uk

ONLINE AUCTION NOTICE

I hereby acknowledge and confirm the following:  

My bid may be accepted by the seller at any time before the close of the auction.  It is subject to the terms and conditions of the auction which I have read and understood. I have read and understood the legal pack applicable to my bid/lot and agree to be bound by any special conditions within that pack. If my bid is successful (whether as the highest bid or upon acceptance by the seller in the course of the auction) I shall be bound by the lot terms and conditions as advertised online.  

At the point of registration, you will be required to insert credit or debit card details as a way of payment towards the deposit and or reservation fee. We will only hold a nominal amount (which will be stated at the point of bidding) to enable you to bid. This amount will only be debited from your account should you be the successful bidder, in the event you are unsuccessful the agreed amount will be released back to your card within three business days.  If you are the successful bidder we will debit the agreed amount from your account immediately at the close of the auction, we will then contact you to confirm the outstanding balance (if applicable) at which point you can opt to use the same card.  Any amount payable at the close of the auction must be paid within 1 hour.   

Please note that the bidding process will work in a different way to an eBay auction, so there is NO advantage to bidding at the last second. 

Each auction will automatically stay open until there has not been a bid for 10 minutes. After 10 minutes without a bid, the auction will close and the highest bidder will be successful subject to the reserve price being met or upon acceptance of an offer by the seller throughout the auction cycle. If there is another bid within 10 minutes of the last bid, the auction countdown timer will be restarted for another 10 minutes to allow further bidding. This system avoids last minute (or second) bidding and makes for a fairer auction as in a live room auction situation. 

Please bid in good time before the end of the auction, delaying your bid to the last seconds may disadvantage you if your connection slows or you lose internet connectivity. It is the bidder's responsibility to ensure the bid has been lodged with the auctioneer. The auctioneer accepts no responsibility for bids that are not received or are received late and reserves the right to reject any bid without notice. 

Minimum online bidding increments: 
£50,000 - £250 minimum bid
£50,001 to £150,000 - £500 minimum bid 
£150,001 to £250,000 - £1,000 minimum bid 
‚Äč£250,001 to £750,001 - £2,500 minimum bid 
£750,001 to £1.5 Million - £5,000 minimum bid
£1.5 Million Plus - £10,000 minimum bid

Please note this bidding process applies specifically to online auctions. 

There is no legal pack for this property.