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£250,000

Oaklands Terrace, Swansea, SA1

  • 5 beds
Terraced house

£250,000

  • 5 beds
Terraced house
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Estimate monthly mortgage payment:

£1,141 per month

Minimum deposit amount:

£12,500
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SUMMARY
Calling all investors!! Rare opportunity to purchase a fully renovated property, set out into two separate flats sold with long term siting tenants. The property is located very close to Swansea City Centre, public transport links, Swansea University and local shops with stunning views of Mumbles.


DESCRIPTION
Calling all investors!! Rare opportunity to purchase a fully renovated property, set out into two separate flats sold with long term siting tenants. The property is located very close to Swansea City Centre, public transport links, Swansea University and local shops. Benefiting from stunning views of the sea front and Mumbles, this property is very popular amongst renters.
The ground floor flat comprises: Entrance hall, open plan living room and kitchen, shower room and two double bedrooms. The first floor flat is set over two floors and comprises, landing, living room with bay window, kitchen, utility room, bathroom and bedroom on the first floor, while there are two further bedrooms to the second floor.
Externally there is a low maintenance front and back garden along with a single garage opposite.
Please call Peter Alan Swansea to arrange a viewing on 01792 641481 or book 24/7 on our website.

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 £300 inc VAT towards the preparation cost of the pack.

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.

17 – Ground Floor Flat 

Entrance Hallway 
Entry through door to side, storage cupboard, leading to:

Living Room 15’ x 10’ ( 4.57m x 3.05m )
Open plan into kitchen

Kitchen 10’ x 10’ ( 3.05m x 3.05m )
Range of base and wall units. Integrated oven, hob and extractor, integrated fridge/freezer, space for washing machine, sink and draining board, window to side and door to rear

Shower Room 
WC, sink and shower, frosted window to side

Bedroom One 14’ 1" Max into bay x 13’ 1" Max ( 4.29m Max into bay x 3.99m Max )
Bay window to front

Bedroom Two 10’ 1" Max x 14’ Max ( 3.07m Max x 4.27m Max )
Window to rear

17a Flat 

Entrance Hall 
Entry through door to front, stairs up to flat

Living Room 17’ 5″ × 12′ Min to bay ( 5.31m x 3.66m Min to bay )
Bay window to the front with beautiful sea views

Kitchen 10’ 1″ × 15′ ( 3.07m x 4.57m )
Range of base and wall units with integrated fridge/freezer, oven, hob and extractor, space for washing machine, sink and draining board, space for dining table and window to the side

Utility Room 10’ 1" Max x 7’ 1" Max ( 3.07m Max x 2.16m Max )
Space for washing machine and dryer, door to rear

Bathroom 
Bath with overhead shower, WC, sink and frosted window to side

Bedroom Three 10’ 1″ × 12′ 1" ( 3.07m x 3.68m )
Window to rear

Landing 
Storage cupboard, leading to:

Bedroom One 12’ Max into eves x 17’ ( 3.66m Max into eves x 5.18m )
Window to front and attic hatch

Bedroom Two 10’ 1″ × 12′ 1" Max ( 3.07m x 3.68m Max )
Window

External 
The property is aces by stairs to the front with generous patio and stone chippings to the front, side access and patio garden to the rear



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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Stamp Duty tax
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£0
Mortgage and legal costs:
£999
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