£125,000
2 bed flat for saleMorfa Gwyn, New Quay SA45
2 beds
1 bath
1 reception
- Leasehold
Morgan & Davies
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About this property
New Quay - West Wales
Spacious 2 bed apartment with fantastic sea views
Short walk to the beach
Double Glazing and Central Heating
Allocated parking
Low Running Costs
Ideal 1st time buyer opportunity
**Attention 1st time buyers**Attention investors**Ideal coastal retreat**Short walk to the beach**Superb investment opportunity**Spacious 2 bed apartment in need of modernisation**Double glazing and electric central heating**Allocated parking**Communal garden area**Low running costs**Ideal weekend retreat/full time residency**
Located within the coastal village of New Quay along the Cardigan Bay coastline at West Wales. The property is located close to renowned sandy beaches. Some 7 miles from the Georgian harbour town of Aberaeron with its comprehensive range of shopping and schooling facilities and an easy reach of the larger Marketing and Amenity centres of Aberystwyth, Cardigan and Lampeter.
Mains electricity, water and drainage.
Council Tax Band B (Ceredigion County Council).
Tenure - The property is of Leasehold Tenure.
General
A leasehold property with the owners of each apartment having a share in the Freehold Company, therefore a 'virtual Freehold'. The service charge is approximately £1200 per annum.
Please note the Lease is currently being extended and any purchaser will be provided with a new 125 year leasehold agreement.
Of traditional construction, this apartment is on the first floor and is an ideal investment opportunity with scope for modernisation and refurbishment.
An enviable location with outstanding views over New Quay harbour and the Cardigan Bay coastline.
The accommodation provides more particularly as follows -
Central Entrance Staircase
Leading through to -
Entrance Hallway
6' 5" x 5' 5" (1.96m x 1.65m) accessed via hardwood door, airing cupboard. Access to loft.
Bedroom 1
13' 3" x 7' 6" (4.04m x 2.29m) a double bedroom, window to rear, multiple sockets, heater, fitted cupboards.
Bathroom
4' 7" x 9' 1" (1.40m x 2.77m) with panelled bath, w.c. Single wash hand basin, front window, fully tiled walls.
Open Plan Kitchen/Dining/Lounge
11' 4" x 16' 9" (3.45m x 5.11m) with feature picture window to front overlooking New Quay harbour and Cardigan Bay, range of fitted base and wall units, tiled splash back, sink and drainer. Space for electric oven, heater, tv point. Space for dining table. Seating area, multiple sockets, tv point.
Bedroom 2
13' 5" x 8' 9" (4.09m x 2.67m) a double bedroom, fitted cupboard, multiple sockets, heater.
Externally
The property benefits from an allocated parking space. Footpath leading through to the front of the building with front communal lawn area.
Service Charge
£1,200 per annum including ground rent, building insurance and mains water bills.
Money Laundering
The successful purchaser will be required to produce adequate identification to prove their identity within the terms of the Money Laundering Regulations. Appropriate examples include: Passport/Photo Driving Licence and a recent Utility Bill. Proof of funds will also be required, or mortgage in principle papers if a mortgage is required.
Viewing Arrangements
Viewing: Strictly by prior appointment only. Please contact our Aberaeron Office on or
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More information
Tenure
Leasehold (125 years)
Service charge
£1,200
Council tax band
B
Ground rent
Ground rent date of next review