Dinorwic

Ref: Lot 1

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Registration Guide

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Town & Country Property Auctions NW, MW, Oswestry & Chester
Town & Country Property Auctions NW, MW, Oswestry & Chester

Unconditional (Buyer's Premium)


UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 5% deposit and a 5%+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 on the 29th September following the auction (unless otherwise stated).

Description

Viewing Day - 26th July at 11am - 12.00pm by appointment only.

The accommodation comprises x5 bedrooms, en-suite, x2 bathrooms, open plan living, kitchen and dining area.

Open plan living, kitchen and dining area:
Living Room - a large open space with velux windows, a window to side, and radiator.
Kitchen - wall base and drawer units, stainless steel hand wash basin and breakfast bar.

Number of nights April 2022 - March 2023 is 224 nights booked.

Rental income:
Year ended 5th April 2023 - £37,314
Year ended 5th April 2022 - £36,073
Year ended 5th April 2021 - £18,528

The vendor informs that the property has undergone works in the last 5 years of:
- new boiler
- new oil tank
- new kitchen
- replaced Velux
- rebuilt the original front door
- internet controlled Nest thermostats

Originally leasehold on peppercorn 999 years lease. Vendor has bought the Freehold.

Bullets

0 Rates Payable
16 Years of Trading
Stunning Views
Off road parking
Maintenance - last 5 years

Buyers Premium

Plus Fees

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.


* 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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