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"An opportunity to acquire a substantial terrace property which is spaced over 5 floors, and is situated on the sought after promenade in the village of Llanfairfechan. The property is convenient for access to the expressway, the railway station and the local amenities of Llanfairfechan.
The property comprises of 1 bedroom self contained basement apartment with lounge, kitchen and bathroom. The ground floor comprises of lounge, dining room, bathroom and kitchen. The first floor comprises of three bedrooms, bathroom, utility room and W.C. The second floor comprises of lounge bedroom, bathroom, kitchen and another bedroom. The top floor comprises of bedroom and a study. The property benefits from having electric heating system, partial double glazing, gardens to front and rear, off road parking to the rear of the properties. The property also benefits from having stunning views over the Victorian Promenade and Menai Strait, Puffin Island, Beaumaris and The Great Orme.
The property is in need of modernisation and refurbishing and is an ideal investment opportunity or a spacious family home.


AUCTION TERMS
This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold. This method of auction requires both parties to complete the transaction within 56 days the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance subject to lending criteria, affordability and survey . The buyer is required to sign a reservation agreement and make payment of a non refundable Reservation Fee. This being 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded. This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300.00 including VAT towards the preparation cost of the pack, where it has been provided by iamsold. The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change. Referral Arrangements Should you opt to use Conveyancing Services recommended by iamsold or the Partner Agent, please be advised that the Partner Agent will receive payment of up to £450.00 from the Conveyancing Provider for that recommendation where the services are taken, and a sale completes. It is important to note that recommended services are optional, and you should consider your options carefully before accepting any recommended services.


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