>
Penbryn, Lampeter SA48 2 bed apartment for sale
Penbryn, Lampeter SA48
£54,000
Penbryn, Lampeter SA48
£54,000
Our Summary
- FOR SALE BY PUBLIC AUCTION: The auction will take place online on 29th April 2025 at 04:36 PM with registration through our website
- Investment Opportunity to acquire a two bedroom first floor apartment within short distance to the town centre in Lampeter
- The Apartment appears to be in need of some cosmetic improvement and is well positioned overlooking Lampeter Town with attractive views over the countryside
- The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, will be within + or - 10% of the Guide Price
- Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction
Description
This two-bedroom first-floor apartment is being sold by public auction on April 29, 2025, and is located in Lampeter, close to the town center and university campus. The property needs some cosmetic improvement and offers attractive views of the countryside. It has been previously rented for £8,400 per annum, producing a gross yield of 9.6%. The apartment benefits from mains water, electricity, drainage, and gas, as well as UPVC double glazing and broadband connectivity. The property is being sold with vacant possession and is available for viewing by appointment with the auctioneers, Seel and Co. The guide price for the property is not disclosed, but a buyer's premium of 1.2% (minimum £1,200, including VAT) will be payable on exchange of contracts.