Auction House / Wales

  • For Sale By Unconditional Online Auction
  • Guide Price* : £46,000
  • Auction Ended 16/04/2024
  • Lot 18

74 High Street Glynneath, Neath, West Glamorgan, SA11 5AW

Bidding opens Monday 15th April 2024 at 13:00 and closes Tuesday 16th April 2024 at 13:00.

Description

Bidding opens Monday 15th April 2024 at 13:00 and closes Tuesday 16th April 2024 at 13:00.

Semi Detached House - Residential Investment

An investment opportunity to acquire a generous sized two bedroom semi detached property which is currently let at £450 p/c/m, therefore producing a gross annual income of £5,400 per annum. Access to the house can be gained from the rear of the High Street next to Glynneath Social Club. The property benefits from double glazed (UPVC) fenestration and gas central heating (not tested) therefore providing an ideal turnkey investment.
The house is located within Glynneath, which benefits from a number of local shops, school and other amenities whilst also providing excellent access to the A465 Heads of the Valleys Road, M4 and the Brecon Beacons National Park.

Ground Floor Hallway, lounge, kitchen/breakfast room.
First Floor Landing, two double bedrooms, bathroom.
Outside Low maintenance frontage and enclosed courtyard and timber shed. (We understand that legal access has been put in place at the front of the property, for the social club to access a boiler house when needed for maintenance purposes-please refer to the legal pack for confirmation.)
Tenancies We are advised that the property is currently let at £450 per calendar month, therefore producing an annual income of £5,400 per annum.
Viewings Via our partner agents Clee, Tomkinson & Francis on 01639 646926
Tenure Advised Freehold (please refer to the legal pack for clarification)

Tenure: See Legal Pack

Important Notice to Prospective Buyers

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Buyers Premium

£600 inc VAT payable on exchange of contracts.

Administration Charge

1.2% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts.

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* Guide | £46,000
  • 2 Bedrooms
  • Unconditional (Immediate Exchange)

Call the team on 02920 475184 for more information

Note

  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. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
  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 AUCTION HOUSE NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.