Flat Uwch Y Fenai, 8, Church Street, Gwynedd, LL55 1SW

To be sold by modern method of auction- please contact the office for further details. Fantastic opportunity to purchase a first time home, or a low maintenance investment property. Leasehold (approx.

995 years) and Freehold For Sale Charming One-Bedroom Second Floor Flat within Caernarfon’s Historic Castle Walls Located in the heart of Caernarfon’s iconic walled town, this well-presented second-floor flat offers an opportunity to live in a town centre location.

Caernarfon is a bustling market town steeped in history, best known for its majestic medieval castle-a unesco World Heritage Site-and vibrant waterfront.

The town centre offers a variety of independent shops, cafes, restaurants, and pubs, all within walking distance of the property.

Local amenities include supermarkets, a leisure centre, a marina, and public transport links.

Outdoor enthusiasts will appreciate the proximity to Snowdonia National Park and the beautiful beaches of the Llyn Peninsula, both just a short drive away.

Set within a traditional mid-terraced building divided into individual flats, the leasehold is for sale along with the freehold of the whole property of Number 8 Church St.

The property (with an impressive approx. 995 years remaining) is part of a freehold structure and accessed via steps from the street leading up to a shared front entrance.

Once inside, a communal staircase takes you to the first floor, where the private front door to the flat is located.

A further internal staircase brings you up into the flat itself on the second floor.

The open plan kitchen/ living/ diner offers a bright and airy space with two windows allowing natural light to flood in.

The kitchen area has a tiled floor and features fitted units, a gas hob, electric oven, spotlights, and a ceiling-mounted light fixture.

The open layout creates a comfortable and functional living space. The double bedroom is a generously sized room with a built-in cupboard that houses the gas boiler.

It benefits from an en-suite bathroom, fitted with a shower-over-bath, heated towel rail, and finished to a good standard.

Additional landing storage in the form of a large built-in cupboard on the stairwell landing provides valuable storage space.

In addition, the flat benefits from a substantial attic area offering additional storage or the potential for further development, subject to the necessary planning permissions and consents.

This unique property is ideal for first-time buyers, investors, or those looking for a bolt-hole in a vibrant and historical location.

Early viewing is highly recommended to appreciate the character, layout, and potential this flat has to offer. Additional Information: • Tenure: Leasehold – approx.

995 years remaining • Ground Rent: £250.00 per annum • Maintenance Charge: £250.00 per annum • Council Tax: A • Heating: Gas central heating auction terms This property is for sale by the Modern Method of Auction.

Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold.

This method of auction requires both parties to complete the transaction within 56 days the draft contract for sale being received by the buyers solicitor.

This additional time allows 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.

This being 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.

The Reservation 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 go through an identification verification process with iamsold and provide proof of how the purchase would be funded.

This property has a Buyer Information Pack which is a collection of documents in relation to the property.

The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding.

A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack.

The buyer will also make payment of £300.00 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.

The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.

Referral Arrangements Should you opt to use Conveyancing Services recommended by iamsold or the Partner Agent, please be advised that the Partner Agent will receive payment of up to £450.00 from the Conveyancing Provider for that recommendation where the services are taken, and a sale completes.

It is important to note that recommended services are optional, and you should consider your options carefully before accepting any recommended services.