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Building Plot to West of St Pauls Church, Cwm Level Road, Swansea, SA6 8JU

Lot no: 73 Sold at Auction for £130,000
 

Guide Price £120,000+ 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 the applicable deposit and Buyer’s Fee stated on the property description, both of which are non-refundable. The deposit contributes to the purchase price. The Buyer’s Fee does not contribute to the purchase price. Completion must take place usually within 30 days, unless the Special Conditions of Sale within the legal pack state otherwise.

Wednesday 30th September 2020

9.30am
Key Features
  • Freehold building plot benefiting from full planning consent for the creation of 5 x No 2-bedroom dwellings
  • Connveniently located close to Swansea train Station
  • Predominantly residential accommodation in the vicinity
  • Within walking distance of Swansea town centre
  • EPC Rating: N/A
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Sold at Auction for £130,000

Land

Property Description:

DRAFT DETAILS

Description
The site comprises an irregular shaped plot accessed off Cwm Level Road close to the junction with Neath Road to the West of the Church. The locality is predominantly residential with Swansea town centre within walking distance. The planning consent is for the creation of 5No 2 bed terraced houses. Interested parties are advised to inspect the planning portal of Swansea council 2019/0216/FUL - titled “Construction of 5 no. 2-bed terraced houses over two storeys with associated access, parking and landscaping | Land West Of St Pauls Church Cwm Level Road Plasmarl Swansea”

Tenure

We understand that the property is Freehold. For further information in respect of tenure and any other legal aspects please refer to the legal pack.

Services

Services are believed to be available within the vicinity of the site; however, interested parties should independently satisfy themselves as to the availability and suitability of any services for their Specific requirement.

Value Added Tax

We are advised that VAT will not be chargeable on this transaction.

Viewings

Site is open for viewings

Rights of Way, Wayleaves, Easements, Restrictive Covenants Etc.

The site is sold subject to or with the benefit of any Rights of Way, Wayleaves, Easements, Restrictive Covenants, which may exist whether mentioned in these particulars or not. For further information in relation to these matters please refer to the legal pack.

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.