Block of Apartments
DRAFT DETAILS. A substantial investment opportunity, located on the west side of South Parade, close to its junction with Pen Lyn. The property benefits from local shopping amenities within Abergele town centre and a broader range of shops, bars, restaurants located in Colwyn Bay. There are also numerous recreational activities available in Pentre Mawr Park, which lies to the south west, along the sea front. Transport links are available at Abergele & Pensarn Rail Station, a network of local bus services and road links including A548 and A55.
The auctioneers have not inspected the entire property and the photos have been provided to us by the vendor.
Hallway
Lounge, kitchen, bathroom, two bedrooms, additional room.
Let on an AST at £130.00 per week.
Bathroom, kitchen, bedroom/lounge.
Let on an AST at £80 per week.
Bathroom, kitchen diner, lounge, bedroom
Let on an AST at £80.00 per week.
Bathroom, kitchen, bedroom / lounge.
Let on an AST at £80.00 per week.
Bathroom, kitchen diner, lounge, bedroom.
Let on an AST at £90.00 per week.
Bathroom, kitchen, bedroom / lounge.
Let on an AST at £80.00 per week.
Bathroom, kitchen diner, lounge, bedroom.
Let on an AST at £80.00 per week.
We are advised by the current owner, that Economy 7 storage heating was installed in each flat within the last twelve months and all external walls internally insulated. The property also benefits from double glazing and CCTV.
Freehold.
Auction Details:
The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee.
Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to SDL Property Auctions’ Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.
Auction Deposit and Fees:
The following deposits and non- refundable auctioneer’s fee apply:
• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of £1,500 inc. VAT
The Buyer’s Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.
There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.
Additional Information:
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page.
This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).
Guide Price & Reserve
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.
