Graham Street, Hafod, Swansea

Guide Price £80,000- £90,000 Offered for sale by Online Auction on Thursday 5th February 2025 at 12pm and will end on Friday 6th February at 12pm 2025 - Full auction pack is available on our website

Offered for sale with no onward chain, this property presents an excellent investment opportunity in a thriving area popular with couples and families. In need of modernisation, it holds great potential for those looking to renovate and rent out as a buy-to-let. Upon entering, you are welcomed by an entrance porch leading into the living room, kitchen and bathroom. Upstairs, two well proportioned bedrooms provide comfortable living space. The property's location is particularly desirable, being close to the City Centre with convenient access to a range of local amenities, shops, and restaurants. Additionally, its proximity to the M4 motorway ensures easy commuting, making it an attractive choice.

The Accommodation Comprises -

Ground Floor -

Entrance Hall - Entered via door to front.

Living Room - 6.71m x 4.69m (22'0" x 15'5") - Double glazed window to front, open fire in surround, staircase leading to first floor, frosted single glazed window, radiator.

Kitchen - 6.09m x 3.11m (20'0" x 10'2") - Fitted with a range of wall and base units with worktop space over, built-in electric oven and hob, space for washing machine and fridge/freezer, wall mounted boiler, radiator, double glazed window to rear and double glazed door leading to the rear garden.

Bathroom - Fitted with a four piece suite comprising a bath, shower, wash hand basin and WC. Half tiled walls, radiator, frosted double glazed window to rear.

First Floor -

Landing - Double glazed window to rear, radiator, access to loft.

Bedroom 1 - 3.02m x 4.62m (9'11" x 15'2") - Double glazed window to front, radiator.

Bedroom 2 - 3.57m x 2.64m (11'9" x 8'8") - Double glazed window to rear, radiator.

External - There is a rear, which is in need of cultivating.

Rear Garden -

Aerial Images -

Agents Note - Tenure - Freehold
Council Tax Band - A
Services - Mains electric. Mains sewerage. Mains Gas. Mains Water.
Mobile coverage - EE, Vodafone, Three, O2
Broadband - Basic 8 Mbps, Superfast 80 Mbps, Ultrafast 1800 Mbps
Satellite / Fibre TV Availability - BT, Sky

Auction Fees - 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 £500) including VAT unless otherwise stated. in addition to the sale price

Please be advised that to successfully register for the auction, you will be required to supply card details in order for a holding fee of £5000.00 to be placed on your card. Only the successful bidder will be charged. The release of the holding fee for unsuccessful bidders may take in excess of seven days.

The holding fee includes the buyers premium. If you are the successful bidder, you are contractually bound to exchange, with a 10% deposit, on the property as per the terms and conditions you agreed to when registering for the auction. With completion being 28 days later unless the contract states otherwise. Should the property be sold prior to auction the buyers premium is still payable.

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 the accompanying legal pack for further details.

Auction Notes For Buyers - 1. Due Diligence
Prospective bidders are strongly advised to carry out thorough due diligence before bidding. This includes obtaining and reviewing the legal pack, which is available upon request from Astleys. The legal pack contains important information such as the legal title, any existing tenancies, planning permissions, property condition, and any restrictions or obligations associated with the property. Bidders are responsible for satisfying themselves with regard to all aspects of the property before placing a bid.
2. Legal Advice
It is recommended that you seek independent legal advice before participating in the auction. A solicitor can help clarify any uncertainties regarding the property or the terms of the auction.
3. Contractual Obligations
If you are the successful bidder, you will be legally bound to exchange contracts immediately upon the fall of the auctioneer’s gavel. You will be required to pay:
A deposit of [10]% of the purchase price.
A buyer’s premium of 1.2% of the purchase Price inclusive of VAT Subject to a minimum fee of £500.00 Plus Vat)
These payments must be made on the auction day by [bank transfer, debit card, or as specified by the auction house]. Failure to provide these payments may result in the loss of the property and legal action.
4. Completion Terms
Completion must take place within 28 days of the auction date unless otherwise stated in the contract. It is essential that bidders have their finances in place and approved before bidding to meet this deadline.
5. Fees and Costs
In addition to the buyer’s premium of £[insert amount] (including VAT), other costs may apply, including but not limited to:
Legal fees including searches
Stamp Duty Land Tax (SDLT)
Any outstanding service charges or ground rent
Please be advised that to successfully register for the auction, you will be required to supply card details in order for a holding fee of £5000.00 to be placed on your card. Only the successful bidder will be charged. The release of the holding fee for unsuccessful bidders may take in excess of seven days.

The holding fee includes the buyers premium. If you are the successful bidder, you are contractually bound to exchange, with a 10% deposit, on the property as per the terms and conditions you agreed to when registering for the auction. With completion being 28 days later unless the contract states otherwise. Should the property be sold prior to auction the buyers premium is still payable.

Details of applicable fees and charges are provided in the legal pack.
6. Pre-Auction Sales
The property may be sold before the auction date. If a sale occurs before the auction, the buyer’s premium of £[insert amount] (inclusive of VAT) will still be payable unless otherwise agreed.
7. Special Conditions
Additional special conditions may apply, which are detailed in the legal pack. Bidders are advised to review all special conditions carefully before bidding.
8. Guide Prices
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.