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End of terrace house for sale
14 & 16 Bangor Street, Caernarfon, Gwynedd LL55 1AT
£180,000
14 & 16 Bangor Street, Caernarfon, Gwynedd LL55 1AT
£180,000
Our Summary
- We are advised that both properties offer 6 x 1 Bedroom apartments, three of which are currently let, the other three require upgrading
- In our opinion, the purchase would make a great investment or development opportunity, by means of upgrading the current residential accommodation, and re-letting of the commercial accommodation and possible development/letting of the former bakery (subject to all usual consents)
Description
Two Grade II Listed properties, part-let mixed-use investment/development opportunities, are available for acquisition in the center of Caernarfon. The mid and end-terraced buildings offer 6 one-bedroom apartments, with three currently let and three requiring upgrading. There are also two retail units and a bakery to the rear of one of the properties. The current tenancies will be supplied within the legal pack, and the buyer is advised to refer to the pack for confirmation. The properties have EPC ratings ranging from B to GC, and the council tax band is A for the flats. The buyer will need to pay an administration fee of 1.2% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts. Viewings can be arranged through partner agents Dafydd Hardy.