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"Description

Morannedd is a substantial property located on Pier Road in Tywyn, a picturesque coastal town in southern Gwynedd, Wales. The property is currently set up as six self contained apartments, offering a versatile investment opportunity. It may also be suitable for a change of use to C2 care, subject to the necessary planning permissions. Our client has had plans drawn up for conversion into 5 self contained apartments for use as specialist care, which can be shared to interested parties if required.

The property benefits from a stunning coastal location on the north west coast of Wales on the edge of the town of Tywyn.

Tywyn is a coastal and Victorian resort town in southern Snowdonia, overlooking the Snowdonia Mountains and on the Cardigan Bay coast of southern Gwynedd, Wales. Tywyn has ample local amenities and is serviced by Tywyn Hospital, which is located less than a mile from the home.

The main routes from Tywyn are A493, A487 and A470 which connect to main motorways like the M56 and M6 leading to the nearest major cities. Wrexham is approximately 67miles away, with Chester circa 65 miles and Liverpool circa 87 miles.

The property is currently configured as six self contained apartments.

Ground Floor
Entrance Hall Central access point leading to individual apartment entrances.
Apartments Typically include a living area, kitchen, bedroom s , and bathroom.

First Floor
Apartments Similar layout to the ground floor, with living areas, kitchens, bedrooms, and bathrooms.

Second Floor
Apartments Layout consistent with the lower floors, featuring living areas, kitchens, bedrooms, and bathrooms.

The property is available with immediate vacant possession, and we are seeking offers on a guide price of £495,000 for the freehold interest.

The Buyer will on completion of the sale be required to enter into an election under Section 198 of the Capital Allowances Act apportioning £1.00 of the sale price to each of integral features and plant and machinery at the Property.

The property sits on a generous plot of 0.45 acres, with paved areas and gardens surrounding it on all sides. There is also ample tarmacked drive area with space to park five six cars comfortably.

Christie & Co are delighted to offer this very well presented residential property consisting of six self contained apartments to the market. The property will likely appeal to developers, holiday letting providers or specialist care providers as it may suit change of use to C2 for complex care or as a whole house for LD or MH purposes. The property is currently vacant, and will require refurbishment and upgrading and offers would be invited on an unconditional basis.

The property is sold on a freehold basis.