Edwards Street, Neath, West Glamorgan, SA11 1TU
iamsoldiamsold is the UK’s largest auction service provider, specializing in both Traditional and Modern Method of Auction (MMoA). Founded in 2009, they partner with over 6,500 estate agent branches to offer a faster and more secure property sale process.
Read more Read moreThis terraced house is currently listed for sale and presents an excellent opportunity for investors. The property is being sold with vacant possession. The current layout includes two double bedrooms, one bathroom, a reception room, and a kitchen. The property's EPC rating is a respectable 'D', indicating a fair level of energy efficiency. The renovation could provide an opportunity to further improve this rating, thereby increasing the property's overall appeal and value. One of the key features of this home is its location. It is ideally situated with excellent public transport links and numerous local amenities in close proximity, making day-to-day living both convenient and enjoyable. Investors would find this property particularly appealing given its potential for renovation and prime location, after renovation the properties potential rental income will be £750 - £800 per calendar month resulting in an attractive 9.6% yield. Auctioneer comments This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding. The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax. Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.
