3 bed end terrace house for sale

Lansdown Road, Old Town, Swindon, Wiltshire SN1

Unique investment / development opportunity - desirable old town location - large plot - outbuildings & garage - over three floors - well presented - must be viewed

Being Sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £270,000

This property will be legally prepared enabling any interested buyer to secure the property immediately once their bid/offer has been accepted. Ultimately a transparent process which provides speed, security and certainty for all parties.

Home Finders is pleased to offer this exciting investment property, comprising two self-contained apartments across three floors. Situated in a desirable location, this property offers great potential for development, with a large plot that includes a garage and outbuildings. Whether you're looking for an immediate rental income or a property with future development opportunities, this is an ideal choice.

The Property:

Ground and First Floor (Flat 1):
The first flat occupies the ground and first floors, featuring an open-plan living and kitchen area on the first floor. The upper level includes two spacious double bedrooms and a family bathroom. This apartment is currently tenanted, generating a steady rental income of £1,100 per month, making it a great option for investors seeking immediate returns.

Basement Level (Flat 2):
The second flat is located at the basement level and consists of an kitchen area with access to the rear garden, a separate lounge/bedroom area, and a shower room. This flat is currently owner occupied, offering potential for further rental income or for conversion into additional living space or a self-contained unit.

Development Potential:
The property sits on a large plot, providing excellent potential for future development, subject to the necessary planning permissions. The garage and outbuildings offer additional space that could be repurposed or developed further, adding long-term value to the property.

This property represents a great investment opportunity in Swindon, with the benefit of an existing tenant and the potential for future development. Its desirable location, along with the large plot and flexible living space, makes it an appealing prospect for any investor. Viewings are highly recommended.

Auctioneers Additional Comments
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.

This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.

The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.

Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.

The property is being sold via a transparent online auction.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.
Our verification process is in place to ensure that aml procedure are carried out in accordance with the law.

A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers’ obligations and sellers’ commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.

Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.