6 Geiriol Road, Townhill, Swansea, West Glamorgan, SA1 6QP

ONLINE AUCTION from 29th JULY-31st JULY An opportunity to acquire a terraced property situated in a well established residential location close to local amenities and shops. The property is sold with an established tenant and is an ideal buy to let investment. VIRTUAL TOUR Accommodation Ground Floor Entrance hallway, Lounge, Kitchen First Floor Landing, Beds 1 & 2, Bathroom Outside Front and rear gardens Tenancies Currently let at £600pcm (with scope to be increased) - £7,200 per annum There is additional income from the solar panels that is FIT contracted with OVO for another 10 years. Latest payment from OVO was £1,025 for July 23 to December 24. The payment per kw generated is index linked and increases every year, which for the system size will provide an approximate income of just under £1,000 per year. INVESTORS : If you are looking for assistance in tenant find and/or management packages, information on rental income/interest potential we have a Lettings Department that can help you. Please call us or email [email protected] for invaluable advice. Tenure Advised Freehold - to be verified by solicitor Auction Fees And Additional Costs Auction fees: The sale of each lot is subject to a buyer’s premium of 1.5% of the purchase price (subject to a minimum of £1,500) including VAT unless otherwise stated. Additional costs: The purchase of the property may be subject to (but are not limited to), VAT (if applicable), reimbursement of the seller’s search fees, reimbursement of seller’s legal and/or sales costs, stamp duty/land transaction tax (LTT). Please check accompanying legal pack for further details. * Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.