FREEHOLD
Discover the potential of this spacious 3-bedroom semi-detached property, located on a generous corner plot in the sought-after area of Heol Yr Ynys. This property offers an exciting opportunity for buyers looking to modernize and customize their dream home. With the added benefit of a self-contained one-bedroom annex, it provides flexible living arrangements or the perfect space for a home office or rental income.
The large side plot presents significant potential for extension or development, subject to planning approval, making this property a fantastic investment opportunity.
Key Features:
3 Bedrooms: Well-proportioned rooms offering ample space for family living.
Self-Contained Annex: Includes a lounge/kitchen area, bedroom, and shower room, ideal for extended family, guests, or work-from-home use.
Generous Corner Plot: Providing significant scope for extension or new development, subject to planning approval.
Multiple Reception Rooms: Includes a lounge with a bay window, a separate dining room, and a conservatory.
Ample Garden Space: Features an enclosed rear garden and additional side plot.
Private Driveway: Off-road parking for multiple vehicles.
Auction Property: Please note, this property is being sold at auction, and buyer’s fees will be applicable.
Walking Distance to schoolls and college and Bidgend retail parks.
Accommodation Details:
Ground Floor:
Entrance Hall: Retaining original features and leading to spacious reception rooms.
Lounge: 3.78m x 4.06m – Light-filled with a classic bay window.
Dining Room: 3.48m x 4.60m – Ideal for family meals or entertaining.
Kitchen: 1.75m x 2.49m – A functional space with potential for modernization.
Conservatory: 3.10m x 2.87m – Overlooks the garden, offering additional living space.
First Floor:
Bedroom One: 3.78m x 4.47m – A spacious double bedroom.
Bedroom Two: 3.10m x 3.86m – Another large double bedroom.
Bedroom Three: 2.06m x 2.06m – A single bedroom, ideal as a nursery or office.
Bathroom: Includes a panelled bath, with potential for updating.
Separate WC.
Annex:
Lounge/Kitchen Area: Compact and functional with room for improvement.
Bedroom: 3.91m x 2.26m – Comfortable and private.
Shower Room: Fitted with a shower cubicle.
Location Highlights:
Situated close to Bridgend Town Centre, this property offers easy access to local amenities, shops, and services. Newbridge Fields is nearby, providing plenty of opportunities for outdoor activities. The seaside town of Ogmore-by-Sea, with its stunning beaches, picturesque walks, and scenic trails, is just a short distance away, making it an ideal spot for relaxation and leisure. Additionally, the Bridgend Designer Outlet is only a short drive, offering a variety of shopping and dining options.
The location is ideal for commuters, with excellent transport links via Junction 36 of the M4 Motorway, making travel to Cardiff, Swansea, and beyond effortless.
Material information:
The information above has been provided by the vendor, agent and GOTO Group and may not be accurate. Please refer to the property’s Legal Pack. (You can download this once you have registered your interest against the property). This pack provides material information which will help you make an informed decision before proceeding. It may not yet include everything you need to know so please make sure you do your own due diligence as well.
CURRENT 68 / 85 POTENTIAL
This Property is subject to an undisclosed Reserve Price which in general will not be 10% more than the Opening Bid. The Reserve Price and Opening Bid can be subject to change. The Online Auction terms and conditions apply.
This property is offered for sale via Online Auction which is a flexible and buyer friendly method of purchase. The purchaser will not be exchanging contracts on the fall of the virtual hammer, but will be given 56 working days in which to exchange and complete the transaction from the date the Draft Contract is issued by the sellers solicitor.
By giving a buyer time to exchange contracts on the property, normal residential finance can be arranged. The Buyer’s Premium secures the transaction and takes the property off the market. Fees paid to the Auctioneer reserve the property to the buyer during the Reservation Period and are paid in addition to the purchase price and are considered within calculations for Stamp Duty Land Tax. Further clarification on this must be sought from your legal representative.
The buyer will be required to give the Auctioneer authority to sign the Reservation Form on their behalf and to confirm acceptance of the Terms and Conditions prior to solicitors being instructed. Copies of the Reservation Form and all Terms and Conditions can be found in the Information Pack which can be downloaded from our website or requested from our Auctioneer.
Upon close of a successful auction, or if the vendor accepts an offer during the auction, the buyer will be required to make payment of a non-refundable Buyer's Premium of £6,576 including VAT, plus a buyer's administration charge of £396 including VAT, a total of £6,972. This secures the transaction and takes the property off the market. Any additional fees and charges over and above this will be confirmed within the terms and conditions available on the website.
The Buyer's Premium and buyer's administration charge are in addition to the final negotiated selling price.
All buyers will be required to verify their identity and provide proof of how the purchase will be funded.
If the Buyer Information Pack has been produced and provided by GOTO Group any successful purchaser will be required to pay £396 (including VAT) towards the cost of the preparation of the pack. These can then be used by your solicitor to progress the sale.
There are no other fees or charges payable to the Auctioneer however, there are other costs to consider such as:
An EPC is broadly like the labels provided with domestic appliances such as refrigerators and washing machines. Its purpose is to record how energy efficient a property is as a building. The certificate will provide a rating of the energy efficiency and carbon emissions of a building from A to G, where A is very efficient, and G is inefficient. The data required to allow the calculation of an EPC includes the age and construction of the building, its insulation and heating method. EPCs are produced using standard methods with standard assumptions about energy usage so that the energy efficiency of one building can easily be compared with another building of the same type. The Energy Performance of Buildings Directive (EPBD) requires that all buildings have an EPC when they are marketed for sale or for let, or when houses are newly built. EPCs are valid for 10 years, or until a newer EPC is prepared. During this period the EPC may be made available to buyers or new tenants.
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.