7A, Water Street, Caernarfon, LL54 6LR

**to be sold by the modern method of auction** Recently renovated and modernised throughout, this exceptionally spacious two bedroom mid terrace home occupies a convenient central position within the popular village of Penygroes, just a short walk from local amenities and schools.

The property has undergone extensive improvements, including a brand new kitchen and bathroom, new internal doors, fresh décor, and quality carpeting throughout.

Offering bright, spacious, and well presented accommodation, the home is ideal for first time buyers, young families, or those seeking a move-in-ready property.

The generous living room provides a welcoming focal point, featuring a large wood-burning stove that creates a warm and cosy atmosphere.

The stylish fitted kitchen is light and airy and comes complete with integrated appliances including an oven, hob, extractor hood, dishwasher, and fridge/freezer.

A useful utility area provides plumbing for a washing machine and additional storage space. The modern downstairs bathroom is fitted with a modern three piece suite.

To the first floor are two well proportioned bedrooms, with the rear bedroom enjoying pleasant glimpses towards the surrounding mountains.

Externally, the property benefits from a long concrete rear yard providing low-maintenance outdoor space, together with valuable off-road parking at the far end, accessed via a rear service lane.

Additional benefits include uPVC double glazing and gas central heating throughout. 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 buyer’s 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 £349.00 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.