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10 Water Street, Llanllechid, Bangor, Gwynedd County LL57 3EU

Lot no: 1 Sold at Auction for £57,500
 

Guide Price £40,000 - £60,000 plus fees

Unconditional with Fixed FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts and pay a 10% deposit (subject to a minimum of £5,000), along with a non-refundable Buyer’s Fee. The Buyer’s Fee is £1500, and completion must take place within 30 days, unless the Special Conditions of Sale state otherwise.

Wednesday 26th September 2018

11.30am
Key Features
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Sold at Auction for £57,500

Cottage

Property Description:

This mid-terrace traditional stone cottage, requires full modernisation and refurbishment throughout. The property benefits from partial double glazed windows and communal parking at the end of the street. The village of Llanllechid, on the edge of the Snowdonia National Park, has its own Public House and is well placed for the many coastal and rural attractions to be found in this part of Gwynedd. The nearby village of Bethesda provides primary and secondary schools, and local shops and amenities. The city of Bangor, with its University is close by. Easy access is enabled via the A55 Expressway that is approximately 2 miles from the village, to the island of Anglesey and the North Wales coast towards Chester, Liverpool and Manchester, ultimately linking up with the UK motorway network.

Located in a quiet residential road, and with small garden to the front, the accommodation briefly comprises:

Living/ Dining Room

3.28m max x 4.04m. With wood burning stove

Kitchen (not fitted)

1.79m x 3.89m

Small hallway

And stairs to first floor with under-stairs storage cupboard

Bedroom One

2.34m x 3.33m

Bedroom Two

2.73m max x 4.11m

Bathroom

1.82m max x 1.85m max. With shower, pedestal wash basin, low-level wc, airing cupboard

Small Landing

With loft hatch.

Tenure:

Freehold. Vacant possession upon completion.


Auction Details:
The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee.

Binding contracts of sale will be exchanged at the point of sale.

All sales are subject to SDL Property Auctions’ Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.

Auction Deposit and Fees:

The following deposits and non- refundable auctioneer’s fee apply:

• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of £1,500 inc. VAT

The Buyer’s Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.

Additional Information:
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page.

This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).

Guide Price & Reserve
Each property sold is subject to a Reserve Price. The Reserve Price 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. A full definition can be found within the Buyers Terms.