Tom Parry & Co are delighted to offer for sale this substantial terraced property, located in the centre of the Harbour town of Porthmadog. The property comprises three reception rooms and a kitchen to the ground floor, a spacious two room cellar and four bedrooms and a bathroom over two upper floors. The property is in need of a full refurbishment and some remediation works but represents great investment potential.

AUCTIONEERS COMMENTS: This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing 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 of 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. This 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 complete an identification process with iamsold and provide proof of how the purchase would be funded. The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of £300 inc. VAT towards the preparation cost of the pack. The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted.

Our Ref: P1397 -

Accommodation -

Ground Floor -

Hallway - with carpet flooring.

Sitting Room - 3.332 x 3.854 (10'11" x 12'7") - with fitted electric fire, bay window to front of room, carpet flooring and radiator.

Living Room - 3.506 x 3.313 (11'6" x 10'10") - with radiator, window to rear, carpet flooring and an open fire with surround.

Dining Room - 2.62 x 4.85 (8'7" x 15'10") - with redundant fire place, built in storage, carpet flooring and radiator.

Kitchen - 2.594 x 2.450 (8'6" x 8'0" ) - with a range of wall and base units, space for freestanding electric oven, space and plumbing for washing machine, stainless steel sink and drainer, door to rear yard.

Basement 1 - 3.847 x 4.842 (12'7" x 15'10" ) - Carpet flooring with window to the front.

Basement 2 - 2.223 x 2.581 (7'3" x 8'5") -

First Floor -

Landing -

Bedroom 1 - 5.213 x 3.315 (17'1" x 10'10") - an L shaped room with carpet flooring, radiator and 2 windows to front.

Bedroom 2 - 3.427 x 3.218 (11'2" x 10'6" ) - with carpet flooring, radiator with window to rear.

Bedroom 3 - 2.332 x 2.764 (7'7" x 9'0") - with carpet flooring, built in cupboard housing 'Worcester' boiler.

Bathroom - with panelled bath, pedestal wash hand basin, low level WC.

Second Floor -

Landing -

Bedroom 4 - 5.087 x 5.099 (16'8" x 16'8") - with carpet flooring with integrated eaves storage.

Externally - There is a yard situated to rear of property, with store shed and gated access to road.

Services - All mains services.

Material Information - Tenure: Freehold
Council Tax: C
For sale by Modern Method of Auction; Starting Bid Price £130,000 plus Reservation Fee
For sale by "Merseyside & Cheshire North Wales Property Auction "powered by iam-sold Ltd"