Garth Road, Bangor LL57 4 bed house of multiple occupation for sale

>

Garth Road, Bangor LL57 4 bed house of multiple occupation for sale

55 Garth Road, Bangor, Gwynedd, LL57 2SF
£150,000

Our Summary

  • Guide Price £150,000 * Plus 5% Buyers Premium + VATFor sale by unconditional online auction, registration is now open
  • To review the legal documents and to view the auction information click on the buttons at the bottom of this advert or visit our website tcpa
  • The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated)
  • Pre Auction Offers Are ConsideredThe seller of this property may consider a pre-auction offer prior to the auction date
  • All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer's Premium, and the deposit
  • To make a pre-auction offer we will require two forms of ID,

Description

This three-storey property in the heart of Bangor, North Wales, is a registered 5-bed HMO currently fully let to students, generating a gross rental income of approximately £22,000 per year. The property features gas central heating and UPVC double glazing, and benefits from a new Worcester boiler. The accommodation includes an entrance hall, through lounge/dining room, fitted kitchen, bathroom with 3-piece suite, and 4 bedrooms, one of which is a double room. There is also a yard to the rear and on-road parking to the front. The property is being sold on a freehold basis, and the buyer will be required to pay a 5% deposit and a 5%+VAT (minimum £5,000+VAT) buyer's premium, with contracts exchanging 28 days following the auction. The seller may consider pre-auction offers, which will be subject to the same conditions as the auction sale.