- Located in the Centre of Porthmadog
- Two Bedroom First Floor Apartment
- Comprises Bathroom & WC
- Investment Opportunity
- Located Within 0.5 Miles of Local Shops & Supermarket
- EPC: C / Council Tax: B
A purpose built first floor apartment with the benefit of gas fired central heating and double glazing, providing an investment opportunity with an existing tenancy ensuring an instant income return of £5,400 per annum.
First Floor
Entrance Door to Entrance Hall with Storage Cupboard,
L Shaped Open Plan Lounge / Kitchen
18' 3'' x 11' 4'' (5.57m x 3.46m)
Bedroom 1
12' 2'' x 8' 9'' (3.72m x 2.66m)
Bedroom 2
8' 10'' x 9' 0'' (2.7m x 2.75m)
L-Shaped Bathroom
With Panelled Bath and Wash Basin, Separate WC.
Note to Customer
We understand the property is leasehold. The owners of the several flats form the Management Company. 125-year lease from 25 November 2008 (110 years remaining as at September 2023). We are advised that the current ground rent is £100.00 per annum with a service charge currently at £65.00 per month per flat. Interested parties should refer to their solicitors or agents for further details of the leasehold.
Note to Customers
This property may / may not be suitable for mortgage, buyers should make their own enquires regarding this property.
Material Information
Since September 2024 Gwynedd Council have introduced an Article 4 directive so, if you're planning to use this property as a holiday home or for holiday lettings, you may need to apply for planning permission to change its use. (Note: Currently, this is for Gwynedd Council area only)
Important information
This is a Leasehold Property
Property Ref: EAXML10852_12119445
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Williams & Goodwin The Property People (Bangor)
313 High Street, Bangor, Gwynedd, LL57 1UL
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