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Residential properties for auction in Panteg, Carmarthenshire

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New
Features
Freehold
In need of refurbishment
Potential to add capital value
Spacious accommodation
Loft room and outbuilding
Only fifteen minutes by train to Swansea
Less than two miles from M4 motorway

Location
This semi-detached bungalow is located on the northern side of Dynevor Close in the Skewen district of Neath in West Glamorgan.
In the immediate vicinity, there are a good range of amenities, including; a library, heath centre, local shops, and a train station providing stop access to the cities of Cardiff and Swansea.
The city of Swansea is just 15 minutes by train, 20 minutes by car and 30 minutes by bus. Junction 43 of the M4 motorway is less than two miles from the property, and runs from West Wales into Central London, passing by the major cities of Cardiff, Bristol and Reading.

Description
• For Sale By Online Auction: 22nd – 23rd August 2018
• Guide Price: £49,500+
• Modernisation and refurbishment work required
• Potential to add good capital value
• Spacious accommodation – 837 ft2

The property is accessed via the block paved driveway to the front of the property. The entrance hall leads the lounge, which is located to the left hand side of the ground floor. Also, to the ground floor, there are also two double bedrooms.
The tiled bathroom hosts a three-piece suite with shower over bath. The kitchen diner has a range of base and eye level units with window overlooking the rear garden.
From the lounge located at the front of the property there are stairs to the loft room with dormer window to the rear.
Externally, there is a detached outbuilding, which provides useful storage space. The outbuilding has uPVC glazing to the front and side.
The property would benefit from a program of improvements including new kitchen, bathroom, carpets and decoration throughout.

Accommodation
Lounge: 3.89m x 4.58m
Bedroom 1: 3.72m x 3.33m
Bedroom 2: 2.84m x 2.73m
Bathroom: 1.85m x 1.69m
Kitchen: 5.99m x 2.73m
Loft Room 1: 3.67m x 3.59m
Loft Room 2: 3.29m x 2.15m
Outbuilding: 4.78m x 2.37m

Total: 77.74 m2 (837 ft2)

Services
We understand the property to have mains gas, electricity, water and drainage. Potential buyers are advised to make their own investigations.

Tenure
The property is freehold

Investment Analysis
Following a programme of refurbishment, we envisage there is good opportunity to add capital value. Furthermore, if the property were to held as a buy-let investment, we expect the rental income to be in the region of £6,600 pa, which reflects a gross yield of 13.33% based on the guide price.

Council Tax
The property is rated in Council Tax Band C. Council Tax payable (2018/2019) is approximately £1,576 pa.

Guide Price
£49,950+

VAT
The property is not subject to VAT.

Buyer’s Premium
2% (min. £3,600) inc. VAT

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6, Dynevor Close, Neath, SA10 6TN
Spacious Two Bedroom Semi-Detached Bungalow – Modernisation and Refurbishment Work Required – Opportunity to Add Good Capital Value
Type: House, Residential
Location: 6 Dynevor Close, SA10 6TN
Size: 837 Sq Ft
Images: 8
Brochures: 1
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