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Garth Road, Bangor

PROPERTY TYPE

House

BEDROOMS

4

BATHROOMS

1

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Key features

  • HMO Licensed Property
  • Income £24,544 PA
  • Character Property Close to Bangor Pier
  • 3 Storey Building
  • 4 Bedrooms
  • Fitted Kitchen
  • Student Occupants in situ until June 2025

Description

TO BE SOLD AT AUCTION ON 17TH DECEMBER 2024.

A delightful four bedroom HMO property, with great character and a history of rental income. Current occupants are in situ with a 24/25 academic year contract secured for a gross rental income of £24,544 (approx £22,000 net).

Spread over three floors, the property comes with four bedrooms each furnished with a bed, study desk with chair and storage furniture, living room, kitchen/diner and bathroom with a shower, WC and sink basin. All furniture and fittings are to be included within the sale price. To the rear of the property is access to a lower ground floor utility/storage area with ample space and the potential to be converted into a communal games room, giving the property an extra standout feature.

Located only 200 metres from the 125 year old Bangor Pier, offering beautiful panoramic views of the Menai Strait and Anglesey.

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 28 days following the auction (unless otherwise stated).

* 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.

Bedroom 1 - 3.82 x 3.34 (12'6" x 10'11") -

Bedroom 2 - 3.38 x 3.03 (11'1" x 9'11") -

Bedroom 3 - 3.36 x 2.11 (11'0" x 6'11") -

Bedroom 4 - 3.38 x 2.61 (11'1" x 8'6") -

Kitchen - 3.03 x 2.67 (9'11" x 8'9") -

Bathroom - 6.86 x 1.81 (22'6" x 5'11") -

Storage Room - 6.86 x 1.81 (22'6" x 5'11") -

Living Room (1st Floor) - 3.34 x 3 (10'11" x 9'10") -

Brochures

Garth Road, Bangor
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: C
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent

Garth Road, Bangor

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About Varcity Living Limited, Bangor

1 College Road, Bangor, Gwynedd, LL57 2AN
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Varcity Living were established in 2005 and have been supplying premium quality accommodation and professional management services since then. With a wealth of experience and an exhaustive knowledge of the investment market in North Wales, the agency has undergone an expansion to include property sales under its list of services. Specialising in investment properties, Varcity Living is a leading local market agent proud of its strong connections with both local and global investors. Get in touch with our sales team today to find out more.

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Disclaimer - Property reference 33131374. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Varcity Living Limited, Bangor. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Varcity Living Limited, Bangor on 01248 663207.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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