3 Bed Flat, Single Let, Caernarfon, LL55 2AB, £55,000

Pool Street, Caernarfon, LL55 2AB - 3 days ago

Leasehold
Auction
BTL
ROI: 11%
~93 m²
+1 photos

Valuation

Sold PricesNo enough data locally

 

 

Square Metres

~93 m²

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£13,750

Stamp Duty & Legal Fees

£3,950

Total Cash In

£17,700

 

 

Cash Out

 

Rent Range

£450 - £1,200

Rent Estimate

£450

Running Costs/mo

£282

Cashflow/mo

£168

Cashflow/yr

£2,018

ROI

11%

Gross Yield

10%

Local Sold Prices

Not enough data

Local Rents

21 rents from £450/mo to £1.2K/mo, average is £700/mo.

RentDateDistanceAddressBeds 
£75012/240.04 mi-3
£75001/240.04 mi-3
£75010/240.04 mi-3
£75004/240.06 mi-3
£69505/240.12 miCastle Square, Caernarfon, Gwynedd, LL552
£1,00012/230.13 mi-2
£65003/250.17 mi-1
£70005/240.18 miWilliam Street, Caernarfon2
£85003/230.19 mi-2
£62505/240.2 miHigh Street, Caernarfon, Gwynedd, LL552
£79505/240.21 miMarcus Street, Caernarfon, Gwynedd, LL553
£60002/240.21 mi-3
£1,20008/230.24 mi-4
£85003/250.3 mi-2
£48003/240.32 mi-2
£48003/240.32 mi-2
£48005/240.32 miCeltic, Caernarfon, LL552
£45006/240.36 mi-1
£45006/240.36 miNorth Road, Caernarfon, LL551
£95007/230.94 mi-4
£62505/242.17 miBron Menai Cottages, Dwyran, Llanfairpwllgwyngyll, Isle Of Anglesey, LL612

Local Area Statistics

Population in LL55

21,443

Population in Caernarfon

32,819

Town centre distance

1.47 miles away

Nearest school

0.20 miles away

Nearest train station

6.23 miles away

 

 

Rental growth (12m)

-4%

Sales demand

Buyer's market

Capital growth (5yrs)

+1%

Property History

Listed for £55,000

March 19, 2025

Floor Plans

Description

  • Three-Bedroom Upper Floor Flat +
  • Leasehold +
  • Recently Modernised +
  • Town Centre Location +
  • EPC: F / Council Tax Band: A +
  • For Sale by Online Auction 10th April 2025 unless withdrawn or sold prior +

A Leasehold Flat incorporating Lounge/Sitting Area, Kitchen area, Bathroom and Three Bedrooms. Centrally located in the castle town of Caernarfon, within circa 0.2 mile of Caernarfon Castle and Harbourfront. The property may be suitable for a variety of purchasers, serving as a potential commuter area, investment opportunity or possibly for somebody downsizing or first time buying.
• Current ground rent- £250.00 per annum (for further information, please see legal pack).

• Current service charge- £0.00 (for further information, please see legal pack).

• Length of lease-We have been informed that the property is offered for sale with 146 years remaining on the lease. Please verify this within the Legal Pack. WGTPP Tips with our online auction These are tips on the process, if successful you will be entering a legally bidding contract and you should therefore always take your own professional advice prior to bidding.

Auction Method:

The auction for this property will be conducted online through our online-bidding platform powered by Bamboo auctions. This is a “Timed Auction”. It differs to in room auctions by allowing you to bid from the comfort of your own home.

The proposed time slot and “end time” for the auction is displayed on Williams & Goodwin The Property People Ltd website - this may be subject to change, the property being withdrawn or sold prior. Bidding may open any time in the period usually up to 24 hours before the end time.

To view this, search for the property on the Williams & Goodwin website:

Once bidding opens the status will change from “Starting Soon” to the time remaining to bid and the end time/date of the auction is displayed on the page/lot. Please note each lot usually has a different end time.

Before you can bid you must go to your dashboard to:

Pass an online ID check

Enter your payment details

Enter your solicitor details. Please allow sufficient time to do this.

When you place your bid, you are deemed to have agreed to Williams & Goodwin / All Wales Auction and Bamboo Auctions Buyers Terms (England & Wales) which are available on the live auction section of the website. YOU MUST read the specific legal pack and any notes in the lot listing you are interested in BEFORE you bid. AGAIN please REMEMBER to do final checks as documents can be added, removed or changed at any time.

Auction type - Unconditional plus Fees:

Exchange will occur immediately at the end of the auction time period, provided you are the highest bidder and your bid has met or exceeded the reserve pric Note to Customers This property may / may not be suitable for mortgage, buyers should make their own enquires regarding this property AND ensure you have funds available to complete the purchase before you bid.

Agent Details

All Wales Auction, Llangefni

01248 663205

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪