Guide price
£225,000
4 bed detached house for saleAbergwyngregyn, Llanfairfechan, Gwynedd LL33
4 beds
4 baths
4 receptions
EPC Rating: F
- Auction
- Freehold
Beresford Adams - Bangor Sales
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About this property
Substantial Detached Investment Property
Potential to accommodate Seven Apartments
Large Outside Area Ideal to Convert to Parking
Close to Transport Links, Mountains and Coast
Selling Via Modern Method of Auction
A project like no other! An opportunity to buy this spacious property, potentially housing seven one bedroom self contained apartments.
Located in the heart of Abergwyngregyn, ideal for access into Eryri National Park as well as the Wales Coastal Path, and transport routes to Anglesey in one direction and Llandudno, Conwy and beyond in the other.
The apartments are in different states of upgrade, going from ready for habituation to needing everything, including the kitchen sink!
To the side of the property is a large area, presently a garden, however it would easily convert to parking if preferred.
Auction terms
This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold. This method of auction requires both parties to complete the transaction within 56 days the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded. This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300.00 including VAT towards the preparation cost of the pack, where it has been provided by iamsold. The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change. Referral Arrangements Should you opt to use Conveyancing Services recommended by iamsold or the Partner Agent, please be advised that the Partner Agent will receive payment of up to £450.00 from the Conveyancing Provider for that recommendation where the services are taken, and a sale completes. It is important to note that recommended services are optional, and you should consider your options carefully before accepting any recommended services.
Article 4 If you wish to use this property as a holiday home or a holiday lettings business then planning permission will be required for change of use.