Lot 1 - 66, Albert Street, Llanelli, Carmarthenshire, SA15 2SU
- Unconditional Online Auction Sale
- Guide Price* : 90,000+
- Bedrooms: 3
Three bedroom terraced house requiring some upgrading, close to Llanelli town centre - Owner occupation/Investment opportunity.
Description
A great opportunity to acquire a mid terrace, three bedroom property with spar rendered elevations set beneath pitched tiled roof coverings in an ideal location close to Llanelli town centre. The property benefits from uPVC windows and doors throughout, with central heating being provided by a Vaillant combination boiler (not tested) and appears to be in generally satisfactory order but would benefit from some modernisation and decorative improvement.
The bay fronted property briefly comprises an entrance hall, lounge, dining room and sitting room, kitchen and bathroom to the ground floor. The first floor accommodates three double bedrooms, the front bedroom extending the width of the house. Outside is an enclosed forecourt to the front, with an enclosed private rear garden accessed from patio doors in the sitting room and a separate door between the kitchen and bathroom, laid partly to patio and partly to lawn (currently overgrown). There is a single garage to the rear of the garden with rear lane access.
We have been advised that the property has previously been rented and in our opinion, once renovated, could potentially be rented in the region of £750 to £800 pcm (£9,000 plus per annum), equating to a gross initial yield in the region of 10% at the guide price.
Albert Street is ideally located within walking distance of Llanelli town centre with all its amenities and service providers and only a few minutes from Llanelli train station. Parc Trostre retail park, with its mix of national retailers is within a couple of miles. Llanelli is ideally located close to the Millennium Coastal Path providing traffic free walking and cycling with stunning coastline and beautiful woodland.
Accommodation
GF: Entrance hall, lounge, dining room, sitting room, kitchen, bathroom, store room;
FF: Landing, three double bedrooms;
OS: Forecourt, rear garden laid partly to patio and partly to lawn (currently overgrown), garage with roller shutter door (not tested), with rear lane access
Tenure
Freehold - please refer to the legal pack for details regarding tenure.
Buyer's Premium
Buyers Premium - 1% with a minimum of £1,000 payable on the exchange of contracts. Please refer to the legal pack for any additional disbursements that may be required to be paid by the purchaser on completion.
EPC
Current energy rating is D.
Additional Information
The information included in the particulars are provided in good faith, however, are made without responsibility and should not be relied upon as a representation of fact. Any video walk through that is provided is for assistance only and without responsibility and should not be relied upon as a representation of fact. Interested parties are advised to undertake their own due diligence and rely upon their own investigations including an inspection of the property and/or reference to the legal pack provided.
Council Tax Band
D
* 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.
Loading the bidding panel...
Office Contact
Agreement Documents
Additional Documents
Related Documents
Virtual Tour
66 Albert StreetShare
By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.