Description
Situated in a popular and well-connected area of Swansea, this substantial five-bedroom HMO is offered for sale by auction and sold with tenants in situ, presenting an excellent opportunity for investors seeking an established rental investment.
Arranged over three floors, the property provides five letting rooms together with a shower room to the ground floor and a further bathroom to the first floor. The accommodation offers a practical layout suited to continued HMO use.
Externally, the property benefits from an enclosed rear garden, providing valuable outdoor space.
The property holds an HMO Licence valid until 26.11.2029, adding further appeal for investors looking for an established HMO opportunity.
Ideally positioned for Swansea Bay, Singleton Park, Swansea University, and Singleton Hospital, the property is also close to local schools, everyday amenities, and the vibrant Uplands Quarter, renowned for its excellent selection of restaurants, cafés, and bars.
Sold with tenants in situ and offering an established HMO investment, this is an excellent auction opportunity in a highly sought-after Swansea location. Early viewing is highly recommended.
Ground Floor
Entrance
Porch
Hallway
Letting Room 1 13'1" x 11'5" (4.01m x 3.49m)
Communal Lounge 11'8" x 11'0" (3.58m x 3.36m)
Kitchen/Dining Room 16'1" x 11'2" (4.91m x 3.41m)
Shower Room
First Floor
Landing
Letting Room 2 16'10" x 11'5" (5.14m x 3.49m)
Letting Room 3 15'3" x 11'2" (4.65m x 3.41m)
Letting Room 4 11'6" x 11'0" (3.52m x 3.36m)
Bathroom
Second Floor
Letting Room 5 13'1" x 9'11" (4.00m x 3.04m)
External
Elevated Front Forecourt
Enclosed Rear Garden
Tenure – Freehold
Council Tax Band – D
EPC-D
HMOLicenced until 26.11.2029
N.BThis property is being sold with tenants in situ. Services
Mains Gas & ElectricMains SewerageWater: BilledYou are advised to refer to the Ofcom checker for information regarding mobile signal and broadband coverage
Key Auction Guidelines for Bidders
1. Do Your Research: Investigate the property thoroughly, including reviewing the legal pack (available from Dawsons Auction House). Check the condition, title, and any restrictions.
2. Get Legal Advice: Consult a solicitor before bidding to clarify any legal or procedural concerns.
3. Understand Your Commitments: If you win, you must exchange contracts immediately, pay a 10% deposit, and a £3,000 buyer’s premium (incl. VAT) on the day.
4. Be Financially Ready: Completion is due within 28 days (unless stated otherwise), so ensure your finances are in place before bidding.
5. Fees Apply Regardless: The £3,000 buyer’s premium applies even if a pre auction offer is agreed.
Being well-prepared is key to a smooth auction experience.
