Affordable refurbishment opportunity near coastal amenities and good rental demand.
- Three bedrooms with lounge and kitchen-diner; single family bathroom
- Compact footprint (~448 sq ft); small overall internal size
- Front and rear paved gardens with brick-built shed
- Cornish Type 1 construction; may limit mortgage availability
- Requires modernization throughout; ideal for refurbishment projects
- Auction sale: holding fee, 10% deposit, 28-day completion timescale
- EPC and council tax bands currently TBC
- Strong rental/serviced-accommodation yield potential due to location
This three-bedroom semi-detached house on the edge of the Gower peninsula offers clear investor appeal and scope for an affordable owner-occupier willing to renovate. The property is compact (approximately 448 sq ft) with a traditional layout: lounge, kitchen-diner, three first-floor bedrooms and a single bathroom. Front and rear paved gardens and a brick-built shed add useful outdoor space.
Sale is by online auction (registration open). Successful bidders must pay a holding fee, 10% deposit on exchange and complete within 28 days. Pre-auction offers are invited but a buyer’s premium applies if sold before the auction starts. The legal pack should be reviewed before bidding.
Key positives include its location close to local schools, amenities and the Gower’s outdoor attractions, and strong rental or serviced-accommodation potential in a popular residential area. The house will suit buyers targeting refurbishment for rental yield or short-term lets rather than a turnkey family home.
Important cautions: the property is of Cornish Type 1 construction — this can restrict mortgage options so discuss finance with a lender or broker before viewing. The house needs modernization throughout; EPC and council tax bands are TBC. The surrounding area is described as very deprived which may affect long-term capital growth and management costs for lettings.
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