Guide Price £195,000 * Plus 5% Buyers Premium + VAT
For sale by unconditional online auction, registration is now open. Bidding opens on 29/02/2024 17:30 and ends on 29/02/2024 18:25.
To review the legal documents and to view the auction information click on the buttons at the bottom of this advert or visit our website tcpa.co.uk
Great investment property
Over £2500 income generated
Shortage of rental properties in Bangor
5 bedroom 3 Bathrooms
Council Tax: C
Further information on rental income, yields and EPC are to follow.
Based on the rental income provided, Gross Yield is as follows:
Garth Road 14.51%
Entrance Hall opening into the hallway and staircase leading up to the first floor landing. Single radiator
Bedroom 1 - 13' 10'' x 12' 2'' (4.21m x 3.72m) - Located at the front of the house this room has been divided from the current lounge to create an additional bedroom but could be easily reconverted back to create a good sized through lounge. With window to front and side, and heating from a double radiator, the room has laminate flooring which is continued through to the current lounge.
Sitting Room - 10' 10'' x 9' 4'' - With laminate flooring, double radiator and window to side.
Kitchen - 9' 2'' x 8' 2'' (2.80m x 2.49m) - Being well fitted with a range of matching oak style wall and base units having working surfaces above and incorporating a single drainer sink unit. Feature brick wall above base units and window to rear, together with external rear door.
First Floor Landing - Accessed via a staircase from the entrance hall with two radiators and further staircase to second floor landing.
Bedroom 2 - 15' 11'' x 11' 11'' - Two windows to front, and double radiator. Door to:
En-suite Shower Room - With suite of shower cubicle, wash hand basin, and wc. Tiled floor
Bedroom 3 - 13' 8'' x 10' 1'' - With window to side, and double radiator.
Family Bathroom - Fitted with three piece suite comprising panelled bath with separate shower over, wash hand basin and WC. Window to side and rear, and double radiator.
Second Floor Landing - With single radiator, and access to loft for storage
Bedroom 4 - 11' 8'' x 10' 1'' - With window to rear, and double radiator.
Bedroom 5 - 15' 11'' x 10' 4'' - Having two windows to front, and radiator door to:
En-suite Shower Room - With suite of shower cubicle, wash hand basin, and wc. Tiled floor
Outside - To the rear of the property is a small enclosed patio style yard.
UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 5% deposit and a 5%+VAT (subject to a minimum of £5,000+VAT) buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).
Pre Auction Offers Are Considered
The seller of this property may consider a pre-auction offer prior to the auction date. All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer's Premium, and the deposit. To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online. To find out more information or to make a pre-auction offer please contact us.
Special Conditions
Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the LEGAL DOCUMENTS'. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.