Property for Auction in Wales - [Print Version]

Lot 8: Apartment 9, Portland House 58-60, The Kingsway, Swansea SA1 5HN

Auction House Wales

01633 212555

Your Local Property Auctions Specialist

Auction Date:

Wed 16/04/2025

Start Time

12:00

Property Type:

Residential Investments

Postponed

Property Address: Apartment 9, Portland House 58-60, The Kingsway, Swansea SA1 5HN, SA1 5HN

A centrally located fully let student accommodation unit, we are advised that the apartment is currently generating a rental amount of £625 per calendar month (£7,500 per annum). The apartment has a fitted kitchen, featuring a dishwasher, cooker/oven, microwave and fridge freezer. The living area includes a sofa and coffee table. The sleeping area comes with a double bed, wardrobe unit, a work desk, and a chair. There is also a separate shower room with wash hand basin and WC. The apartment benefits from gas central heating (not tested) and double glazing. The unit is fully managed by Student Digz (Swansea) along with the entire development.

Tenancies

We are advised that the property is currently let at £625 per calendar month (£7,500 per annum) until the 30/06/2026. Please refer to the legal pack for confirmation.

Viewings

Auction House Wales on 02920 475184.

Tenure

Leasehold. Term of lease - 999 years (less 20 days) from 18 September 2006

Local Authority

Swansea Council

Solicitors

Howells Solicitors, Fitzalan House, Ref:Howells Solicitors, Tel:029 2040 4020

Location Map

EPC

Current Energy Efficiency Rating C

Additional Fees

Administration Charge - 1.2% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.