4 bed terraced house for sale

The Crescent, Bangor, Gwynedd LL57

A strong investment property in the centre of student life in the university city of Bangor.
This Mid Terrace House, benefits from gas central heating and double glazing with fire regulations installation and HMO license for 4 tenants. The accommodation comprises to the ground floor, hallway, one bedroom, lounge which opens to the kitchen with integral oven and gas hob and double doors to a terrace. The first floor comprises of two Bedrooms, one with bay windows to the front and a large shower room and stairs to an attic bedroom with Velux window and eaves storage.
The property is located in a prime position for lettings in the student heartland and close to the university city of Bangor in North West Wales. The main university building and the city centre are both within easy walking distance and the cosmopolitan area of Upper Bangor caters well for student needs boasting a variety of shops, cafés, fast food outlets and public houses plus a 'Morrisons' supermarket. There is a mainline railway station nearby and the A55 expressway allows for easy access to the east and Anglesey and the west to main motorways.

(Article 4 If you wish to use this property as a holiday home or a holiday lettings business then planning permission will be required for change of use).
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 buyers 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 £300.00 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.