Auction

Virtual Tours

Bangor — Ref: LLN230011

£150,000

FOR SALE BY PUBLIC AUCTION - 13th April 2023 Man-ddaliad 4.45 acer gyda bwthyn tair lloft ac adeiladau cerrig wedi dirywio. Cyfle cyffrous i'r prynwr llwyddianus. An exciting opportunity to purchase a traditional Welsh cottage along with a range of dilapidated stone outbuildings and 4.45 acres of land situated in Pentir, Bangor. Price Guide: £150,000 Public Auction at 2pm on Thursday 13th April 2023 at The Town Hall, Llangefni, Ynys Môn

Description

Directions

From the A55 Expressway, exit at Junction 11, signposted for Betws Y Coed. At the next mini roundabout take the second exit and proceed past the Services Station on the right. Follow the road and take the second left turn, and immediately take the left at the next junction. Continue along this lane for approx half a mile and turn right onto Lon Tan Y Grisiau, the property is the second property on the right hand side.

Description

A traditional Welsh cottage in need of complete renovation but offering excellent potential. The property is accompanied by a range of dilapidated stone outbuildings on the opposite side of the road which could have long term planning potential (subject to requisite planning consent). Along with 4.45 acres of land to the side of the property.

Front Door to:

Parlour

3.94m x 2.16m (12'11" x 7'1")

Tiled surround fire place

Kitchen

4.00m x 2.40m (13'1" x 7'10")

Bathroom

2.00m x 1.93m (6'7" x 6'4")

Bath, wash hand basin & W.C

Lounge

4.55m x 3.68m (14'11" x 12'1")

Tiled surround open fire

Bedroom 1

3.63m x 3.33m (11'11" x 10'11")

Bedroom 2

3.68m x 2.40m (12'1" x 7'10")

First Floor

Bedroom 3

3.38m x 2.40m (11'1" x 7'10")

Outside

A range of derelict outbuildings. Zinc garden shed and outside brick W.C. Garden area to the rear.

Land

The land is presently down to pasture with some areas being overgrown. It benefits from roadside access.

Council Tax

We are informed by Gwynedd County Council that the property is under Band "D" for council tax purposes.

Services

Mains water and electricty. Private drainage.

Tenure

We have been informed by the vendor (the seller) this property is Freehold with vacant possession.

Viewing

Viewing are accompanied and STRICTLY by appointment via the agents.

Buying at Auction

Buyers are required to make their own investigations to satisfy themselves as to the condition of their purchase. Buyers intending to bid at auction are strongly advised to consult a legal adviser for independent advice on legal documentation and to make any pre-contract enquiries prior to bidding. Successful buyers are advised that the contract is binding on the fall of the gavel.

Proof of Identity

To comply with money laundering regulations all successful bidders are required to provide photographic identification and proof of address when signing the Memorandum of Sale. Acceptable photographic identification:Current passport or UK driving licence, Acceptable proof of address, Original utility bill, Building society or bank statementCredit card statement. Any other form issued within the last 3 months that provides evidence of residency at the correspondence address.

Deposit

Deposits are to be paid on the Fall of the Hammer to either the attending acting solicitor or Morgan Evans Property.Prior to auction, buyers should verify auction payment methods acceptable to attending solicitors. Payment made to Morgan Evans Property can be made by any of the following methods;Debit card or Bankers Draft

Solicitors

Mr Dewi Ellis Davies of Messrs Parry Davies Clwyd Jones & Lloyd, Caernarfon, Gwynedd

Administration Charge

In addition to the 10% deposit payable, an administration fee of £1,000.00 plus VAT (£1,200.00) is payable at the same time as the contractual deposit on each lot purchased made payable to Morgan Evans Property.

Registration & Legal Pack

The Legal Pack wil be available to download from our website approximately 2 weeks prior to auction. A copy of the Registration Form can be found within the Legal Pack.