Pembroke Buildings, Cambrian Place, Marina, Swansea

£40,000

Guide price

An opportunity to purchase a first floor studio apartment situated in the historic listed Pembroke Buildings. This property offers open plan lounge/ kitchen/ bedroom, separate shower room and original sash window (with secondary glazing) and is ideally situated walking distance to Swansea Marina, City Centre, cafes, bars and beach.

The property is investment only as a tenant is in situ.

Lease term: 125 years from 25.12.1993

Lease term remaining: 96 years

Ground rent: £37.50 half yearly

Maintenance charge: £691.62 half yearly

Council tax band: B

ENTRANCE

Via Communal entrance Hallway. Stairs to first floor.

HALLWAY

Cupboard housing space for washing machine.

SHOWER ROOM

With corner shower, wash hand basin and W.C. Part tiled walls. Vinyl flooring.

LOUNGE/ BEDROOM/ KITCHEN

4.70m (max) x 3.56m (15'5 (max) x 11'8)

Double glazed secondary windows in front of sash windows. Electric heater, telephone point.

Kitchen area: Wooden effect wall and base units and worktops, sink and drainer with mix tap. Tiled splash back areas, space for fridge/freezer. Oven, electric hob and extractor fan.

LEASEHOLD

Lease term: 125 years from 25.12.1993

Lease term remaining: 96 years

Ground rent: £37.50 half yearly

Maintenance charge: £691.62 half yearly

AUCTIONEER COMMENTS

This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period. Interested parties personal data will be shared with the Auctioneer (iamsold Ltd). If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided, which you must view before bidding. The buyer will pay £300 inc VAT for this pack. The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc VAT. This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty. Services may be recommended by the Agent/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. These services are optional.

EXTERNAL

Permit Parking is available via Swansea Council.

UTILITIES

Electricity- Ovo Energy.

Water- Metered.

FURTHER INFORMATION

Pembroke Buildings is a Grade 2 Listed Building.

The vendor advised that the tenant pays £400pcm.