Seel & Co
The Crown House
Wyndham Crescent
Cardiff
CF11 9UH
26 Marsh Street, Port Talbot
Auction Guide £110,000
4 Bedroom House
- FOR SALE BY PUBLIC AUCTION –Four bedroom house - Owner occupation/Investment
- Online Auction: Tuesday, 25 October 2022 at 4:00 pm via the Seel and Co website
SALE BY PUBLIC AUCTION: The auction will take place online on Tuesday, 25 October 2022 at 4:00 pm with registration through our website
Description
An opportunity to acquire a fully modernised mid terrace 4 bedroom house ready for immediate occupation. We understand that the property benefits from regeneration work including a replacement roof, external insulated boarding and uPVC double glazed fenestration and benefits from gas central heating (not tested) via a Baxi combination boiler. The property also benefits from a double storey extension to the rear and has potential for further development with its large rear garden, subject to all necessary consents.
The property briefly comprises an entrance hall, living room, dining room, kitchen and bathroom on the ground floor, with a landing and four bedrooms on the first floor. There is a large rear garden laid mostly to patio with room for off road parking for two vehicles or a garage, subject to any necessary consents. Vehicle access is possible via the rear lane.
The property is an ideal family home or could be a suitable investment opportunity. In our opinion, the property could be let in the region of £700 to £750 pcm (£8,400 to £9,000 per annum), generating a potential initial gross yield in the region of 8.5 to 9% at the guide price.
The property is located close to local shops, school, amenities with good access to the train station and M4 motorway and in close proximity to Port Talbot town centre with all its amenities and service providers. The property is within close proximity of Aberavon seafront with its promenade that overlooks Swansea Bay.
Accommodation
GF: Entrance hall, lounge, dining room, kitchen, bathroom
FF: Landing, four bedrooms
OS: Generous sized rear garden with potential for garage/off road parking
Tenure
Advised Freehold – please refer to legal pack for verification of tenure
Viewing
Viewing by appointment with Seel and Co (029) 2037 0117
Additional Fees
Buyers Premium – 1% with a minimum of £1,000 (inc of VAT) payable on exchange of contracts. Please refer to the legal pack for any further disbursements to be paid by the purchaser on completion.
Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction.
Further Information
Auctioneers Office, Seel and Co (029) 2037 0117
Auction Details
FOR SALE BY PUBLIC AUCTION on Tuesday, 25 October 2022 online via the Seel and Co website. Bidding will commence from midday on Monday, 24 October and conclude in order from Lot 1 at 4:00 pm on Tuesday, 25 October 2022
Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
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