Lôn Sarn Bach
Ref: Lot 31
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Unconditional (Buyer's Premium)
UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 5% deposit and a 2%+VAT (subject to a minimum of £5,000+VAT) buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).
Llwyn Du, Lôn Sarn Bach, Abersoch, Gwynedd, LL53 7EL
A Superb Holiday Let Investment Opportunity, Being Located On The Outskirts Of The Popular Coastal Resort Of Abersoch, Adjoining The Golf Course And Comprising A Detached 9 Bedroom Detached Two Storey Building Extending To Just Over 5000 sq.ft. A Gross Annual Income Of £175K To December 2023, With Potential To Increase The Income Further. Potential To Acquire Additional Adjoining Development Land, Subject To Separate Negotiation. The Property Is To Be Sold Fully Furnished To Allow For Continued Lettings Without Interruption, And Comes With Circa. £130k Of Existing Bookings.
A Superb Holiday Let Investment Opportunity, Being Located On The Outskirts Of The Popular Coastal Resort Of Abersoch, Adjoining The Golf Course And Comprising A Detached 9 Bedroom Detached Two Storey Building Extending To Just Over 5000 sq.ft. A Gross Annual Income Of £175K To December 2023, With Potential To Increase The Income Further. Potential To Acquire Additional Adjoining Development Land, Subject To Separate Negotiation. The Property Is To Be Sold Fully Furnished To Allow For Continued Lettings Without Interruption, And Comes With Circa. £130k Of Existing Bookings.
Description
Llwyn Du sits on the outskirts of Abersoch in a quiet location on Lon Sarn Bach. With a pleasant countryside outlook over the popular Abersoch golf course, this property is an ideal location to retreat and relax. This substantial property, over 5000sqft has plenty to offer.
Llwyn Du is currently used as a highly successful holiday let property and achieved this year (Jan-Dec) totalling approximately £175,000 Gross rental income with the vendor advising of expected increased bookings next year as now taking mid-weeks during off-peak months.
The property benefits from a substantial 1100sqft basement which is currently used for storage and benefits from double garage doors allowing for indoor storage of boats and/or vehicles. The basement has the potential to be developed as a separate living unit (subject to planning) and benefits for its own vehicular access etc.
Llwyn Du also offers the option to buy the adjoining land which benefits from a separate access from the main road. The current owners have engaged in pre-planning discussions with the local authority who have issued a formal response confirming approval in principle for a potential business unit development subject to the submission of a full planning application. (Pre-planning submission and response available to prospective purchasers by request)
The ground floor briefly comprises of a large open plan kitchen, dining area and lounge, double bedroom with en-suite and a games room.
The lounge area, "L" shaped in design, is 7.9 x 10m (maximum measurements), has ample seating and allows access to the private terrace to the rear of the property and views over the golf course. The lounge area is spacious, light and airy yet not overwhelming due to the shape of the room naturally creating two separate spaces. The dining area currently consists of two 10 seater dining tables, also provides access to the patio and benefits from four sky lights meaning this and the adjoining kitchen gain plenty of light.
The kitchen has been designed with the scale of the property in mind. With two sets of hobs, twin ovens, two dishwashers and two sinks and a full length breakfast bar at the island providing ample seating for multiple guests. This is a welcoming area for entertaining, spacious and practical with plenty of storage.
The property also benefits from a second lounge, currently used as a games room and generous in size. An ideal space to keep the family entertained, and could be well suited as a cinema room. The downstairs bedroom is a spacious double and diversifies the property, the en-suite is a comfortable wet room and ideal for anybody with accessibility issues.
The first floor consists of 8 bedrooms, 8 en-suite shower rooms and a family bathroom. All bedrooms are generous in size and comfortable double rooms, have at least one full size window and access to a private en-suite. Three of the bedrooms benefit from far reaching views over the golf course and with a partial view of the sea in Abersoch bay.
This property comes highly recommended for viewing to fully appreciate what it has to offer and is strictly by appointment only.
Tenure
We believe the property to be Freehold, but potential purchasers should seek clarification from their solicitor prior to an exchange of contracts.
Council Tax
Band - N/A
Services
Mains water, drainage and electricity. Oil fired central heating.
Location Information
Llwyn Du is located in the village of Abersoch. Abersoch boasts a diverse selection of shops including convenience stores, fashion boutiques, cafes, restaurants and public houses. Pwllheli 7.1 miles . Porthmadog 20.3 miles . Bangor 36.5 miles . Chester 95.3 miles . Shrewsbury 95.7 miles . Manchester 132 miles.
Bullets
. Superb 9 Bedroom Detached Holiday Let Investment Property
. Popular North Wales Coastal Location
. £175k Gross Annual Income To December 2023
. Potential To Acquire Additional Development Land By Separate Negotiation
. Substantial 1100sq.ft. Basement With Vehicular Access
Tenure
Freehold
Buyers Premium
* Plus 2% Buyers Premium plus VAT
Pre Auction Offers Are Considered
The seller of this property may consider a pre-auction offer prior to the auction date. All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer’s Premium, and the deposit. To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online. To find out more information or to make a pre-auction offer please contact us.
Special Conditions
Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the ‘LEGAL DOCUMENTS’. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.
Material Information
Material information will be provided within the legal pack- to download visit our website tcpa.co.uk.
Auctioneer Notes
The vendor reserves the right to withdraw the property for sale before the auction end date. Cash buyers or pre-approved mortgages/finance only.
* The Guide Price given is an indication as to where the Reserve is currently set. The Reserve is the minimum price that the auctioneer is authorised by the vendor to sell the property for. It is subject to change throughout the marketing period. Where the Guide Price is a single figure, the current Reserve will not be more than 10% above that single figure, and where a price range is given (i.e. £50,000 - £55,000), the Reserve will not exceed the upper level of the range. It is not necessarily what the auctioneer expects it will sell for.
We would like to point out that all measurements, floor plans and photographs are for guidance purposes only (photographs may be taken with a wide angled/zoom lens), and dimensions, shapes and precise locations may differ to those set out in these sales particulars which are approximate and intended for guidance purposes only.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms' employment has the authority to make or give any representation or warranty in respect of the property.
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£45,000 + fees
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£59,000 + fees
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Auction Ends:
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