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Location: 1 Meridian Town, Trawler Road, Swansea Marina, Swansea, West Glamorgan, SA1 1JN

Summary:
A modern apartment in the prestigious Meridian Tower development - residential investment

Guide Price: 99,000+

Full Description:
A one bedroom modern apartment, located on the first floor of this prestigious development and adjacent to Swansea Marina and benefiting from a 24 hour concierge and security. The apartment benefits from an open plan lounge/modern fitted kitchen, including integrated appliances and a contemporary fitted bathroom. The apartment has a Juliet balcony off the lounge, with a partial sea view. The apartment also benefits from an allocated underground parking space on Camona Drive. The apartment is in very good order throughout and is currently let on a 6 month Assured Shorthold Tenancy (AST) agreement and provides a continued investment or an owner occupier opportunity. The Tower is the tallest building in Wales over 29 storeys, with the top three floors housing the Grape and Olive restaurant, with spectacular views of Swansea Bay, the marina and the City Centre. The marina itself provides a pleasant setting for a walk or calling into one of a number of bars and restaurants, with the National Waterfront Museum and Dylan Thomas Theatre within walking distance. Swansea City Centre is also within walking distance, with The Mumbles approximately 5 miles away and the stunning beaches of the Gower Peninsula within easy reach. Accommodation:

  • Hallway, open plan kitchen/lounge, large bedroom, bathroom
  •  Allocated underground parking on Camona Drive.
Tenancies: We have been advised that the property is let on an Assured Shorthold Tenancy agreement to the current tenant at £650 per calendar month. Hence annual total rent is £7,800 per annum. Tenure: Advised Leasehold – please refer to legal pack for verification of tenure. Viewing: Auctioneers Office, Seel & Co Ltd (029) 2037 0117 Guide Price: £99,000+ Additional Fees: Buyers Premium – 0.5% with minimum of £600 (inc of VAT) payable on exchange of contracts. Please check the legal pack for any further disbursements that may be payable by the purchaser on completion. Each property sold is subject to a Reserve Price. 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. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction.