Ref: Lot 9
Well maintained 1 Bedroom First Floor Flat in the Centre of Old Colwyn. Ideal investment Property or First Time Property. Potential Net Yield Circa 8.5%
A Well Maintained 1 Bedroom First Floor Flat in the Centre of Old Colwyn, Being Convenient For All Local Amenities and Being an Ideal Property For First Time Buyer's or Investors.
Entrance Hallway - Wooden door opening into hallway with open plan kitchen/living room , bedroom and shower room
Open Plan Kitchen/Living Room - Dual aspect wooden sash bay windows, open plan kitchen comprising white cupboards with cooker, stainless steel sink and drainer, space for fridge, space for washing machine, wall mounted electric heater, opening into the living room with wall mounted electric heater
Bedroom - Wooden sash window, wall mounted electric heater
Shower Room - Electric shower with glass sliding door, w.c, wash hand basin
. Well Maintained One Bedroom First Floor Flat
. Close to Local Amenities
. 999 Year Lease From 01.05.05
. Ideal Investment Property or First Time Home
. Potential Yield Circa 8.5%
. Current Service Charge £900 pa
* Plus 5% Buyers Premium + VAT
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.
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.
999 years (982 years unexpired)
* 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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