Listed for £87,000
February 23, 2024
The Property
Please note this property has a short lease under 99 years which may affect your ability to obtain a mortgage – please seek advice on this or contact us for more information
Purplebricks are pleased to offer for sale this 2 bedroom end terraced property. Situated in a popular cul de sac location of Margam Avenue, Morriston, The property is located ideally for schools, M4, the DVLA, Morriston Town, shops and local amenities making it a perfect first time purchase or investment opportunity.
The accommodation comprises to the ground floor; hallway, lounge, dining room and kitchen/diner and shower room. On the first floor there are two double bedrooms and the bathroom.
There is NO FORWARD CHAIN involved in the sale of this property.
Viewing is highly recommended to fully appreciate the property and any further potential.
Please see the 360 degree home tour:-
The property briefly comprises of:-
GROUND FLOOR
Reception room One (Lounge) – 3.4m x 3.0m (11ft2 x 9ft10) – to the front with bay window
Reception Room Two – (Dining room) – 4.7m x 3.4m (15ft5 x 11ft2)
Kitchen/Diner – 3.3m x 2.8m (10ft10 x 9ft2)
Inner Hallway
Shower Room – 2.0m x 1.6m (6ft7 x 5ft3)
FIRST FLOOR
Landing
Bedroom One – 4.7m max. x 3.4m max. (15ft5 max x 11ft2 max)
Bedroom Two – 3.5m x 2.8m (11ft6 x 9ft2)
Bathroom – 2.6m x 1.8m (8ft6 x 5ft11)
OUTSIDE
There are front and rear gardens. The front garden area is laid to patio with steps up to the front door and a driveway running alongside. To the rear is an enclosed rear garden with patio, lawn and block built shed.
Property Description
Being Sold by GOTO Online Auction
Starting Bids from £87,000
Buy it now option available
Please call or visit Purplebricks Online Auctions for more information.
This property is for sale by Online Auction. The Online Modern Method of Auction is a flexible buyer friendly method of purchase. The purchaser will have 56 working days to exchange and complete once the draft contract has been issued by the vendors solicitor. Allowing the additional time to exchange and complete on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer with be required to put down a non-refundable reservation fee. The fee will be a fixed fee including the Vat, this secures the transaction and takes the property off the market. The buyer will be required to agree to our terms and conditions prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found on the online Auction website or requested from our Auction Department.
Please note this property is subject to an undisclosed Reserve Price which is typically no more than 10% in excess of the Starting Bid. Both the Starting Bid and Reserve Price can be subject to change. Our primary duty of care is to the vendor. Terms and conditions apply to the Modern Method of Auction, which is operated by GOTO Auctions.
To book a viewing visit Purplebricks.
General Information
Auctioneer's Comments
This property is for sale by Online Auction which is a flexible and buyer friendly method of purchase. The purchaser will not be exchanging contracts on the fall of the virtual hammer but will be given 56 working days in which to complete the transaction, from the date the Draft Contract is issued by the seller’s solicitor. By giving a buyer time to exchange contracts on the property, means normal residential finance can be sort.
The Buyer’s Premium secures the transaction and takes the property off the market. Fees paid to the Auctioneer reserve the property to the buyer during the Reservation Period and are paid in addition to the purchase price and are considered within calculations for Stamp Duty Land Tax. Further clarification on this must be sought from your legal representative. The buyer will be required to sign a Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found in the Info Pack which can be downloaded for free from our website or requested from our Auction Department.
Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to make payment of a non-refundable Buyers Premium of £6,600 including VAT plus an administration charge of £372 including VAT, a total of £6,972. This secures the transaction and takes the property off the market.
The Buyer’s Premium and administration charge are in addition to the final negotiated selling price.
Buyer's Administration Charge
If the Buyer Information Pack has been produced and provided by GOTO Group any successful purchaser will be required to pay £372.00 (including VAT) towards the cost of the preparation of the pack. These can then be used by your solicitor to progress the sale.
Property ownership information
Ground rent review period: No review period
Service charge review period: No review period
Lease end date: 01/01/2043
Some or all information pertaining to this property may have been provided solely by the vendor, and although we always make every effort to verify the information provided to us, we strongly advise you to make further enquiries before continuing. If you book a viewing or make an offer on a property that has had its valuation conducted virtually, you are doing so under the knowledge that this information may have been provided solely by the vendor, and that we may not have been able to access the premises to confirm the information or test any equipment. We therefore strongly advise you to make further enquiries before completing your purchase of the property to ensure you are happy with all the information provided.
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