UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 5% deposit and a 3%+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 28 days following the auction (unless otherwise stated). Glan William is a substantial end terraced property with shop below, of standard construction under a slated roof, located in a prime position on the High Street. The property currently comprises of a shop with cellar and a variety of rooms above.
The property is in need of a complete renovation, with a variety of options: renovate to same layout with 3 bedrooms, kitchen, bathroom etc to create an impressive home. Alternatively, full planning permission has been granted to provide 3x1 bedroomed flats (local restrictions apply).
The property is freehold, has double glazing and the unusual benefit of a rear courtyard.
The property makes for an interesting and exciting investment.
Based on a 30 year mortgage, with a 10% deposit and a 4.50% interest rate. These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by Walter Lloyd Jones & Co - Dolgellau. Placebuzz does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Walter Lloyd Jones & Co - Dolgellau for full details and further information.