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8 Old Lodge Estate, Llanelli, Dyfed SA15 1TF

Lot no: 116 Sold at Auction for £49,000
 

Guide Price £40,000+ plus fees

Unconditional with Fixed FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts and pay a 10% deposit (subject to a minimum of £5,000), along with a non-refundable Buyer’s Fee. The Buyer’s Fee is £1500, and completion must take place within 30 days, unless the Special Conditions of Sale state otherwise.

Thursday 28th January 2021

10.30am
Key Features
  • End-terraced property within walking distance of Llanelli town centre
  • Three bedroomed accommodation
  • Requires refurbishment
  • Excellent investment potential
  • EPC Rating: D
  • Pre auction offers will be considered on this lot
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Sold at Auction for £49,000

End of terrace house

Property Description:

This three bedroomed end terraced property is ideally located within walking distance of Llanelli town centre, surrounded by local amenities. The property is in need of refurbishment but could make an excellent investment. The property is very well connected with good transport links, including Llanelli train station only half a mile away. Further amenities can be found at the Parc Trostre Retail Park where you'll also find access to the A4138 - the main road in Carmarthenshire, Wales, connecting Pontarddulais with Llanelli.

Pre-auction offers will be considered on this lot.

The auctioneers have not inspected the property but believe it to comprise -

GROUND FLOOR:

Lounge 19'1" x 9'
Kitchen/Diner 23' x 7'
W/C

FIRST FLOOR:

Bedroom One 14' x 8'1"
Bedroom Two 10'1" x 7'1"
Bedroom Three 8'1" x 7"
Bathroom

OUTSIDE:

Paved courtyard area to the rear.

Note:

The buyers fee on this lot will be 1% of the purchase price subject to a minimum of £1,074 inclusive of VAT. A 10% deposit will be payable on exchange of contracts.

Tenure:

Freehold.


Auction Details:
The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee.

Binding contracts of sale will be exchanged at the point of sale.

All sales are subject to SDL Property Auctions’ Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.

Auction Deposit and Fees:

The following deposits and non- refundable auctioneer’s fee apply:

• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of £1,500 inc. VAT

The Buyer’s Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.

Additional Information:
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page.

This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).

Guide Price & Reserve
Each property sold is subject to a Reserve Price. The Reserve Price 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. A full definition can be found within the Buyers Terms.

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