4, Cil Coed, Gwynedd, LL57 4TT

Open house event! Friday, Saturday and Sunday the 25th, 26th and 27th of September. Please call the office on to book an appointment to view.

A Spacious Three Bedroom Semi-Detached Home Requiring Renovation, Offering Two Reception Rooms, Gardens To The Front And Rear, And Excellent Potential.

An excellent opportunity to acquire a three bedroom semi-detached home situated in a convenient residential location in Bangor.

The property requires renovation works throughout, providing prospective purchasers with the opportunity to modernise and create a home to their own taste and requirements.

The accommodation briefly comprises an entrance hall, two spacious reception rooms, a compact galley-style kitchen, downstairs WC and useful store room to the ground floor.

To the first floor are three bedrooms, including two good-sized double bedrooms and a single bedroom, together with a family bathroom.

Externally, the property benefits from a good-sized lawned garden to the rear, while the front provides a tiered lawned garden. The property benefits from gas central heating and all mains services.

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.