ONLINE AUCTION
2 bedrooms
Guide price £46,000

Caernarfon, Gwynedd: 01286 677 774

Key features

Full description

FOR SALE BY CONDITIONAL AUCTION IN PARTNERSHIP WITH SDL AUCTIONS
* To Place A Bid - Copy & Paste The Following Link:
* https://online.sdlauctions.co.uk/lot/details/14363
* Or Click On The 'SDL Auction' Link Below

1 Coed Madog is a traditional Stone built, Semi Detached cottage, set in the rural village of Talysarn. In need of some upgrading the property is a perfect buy for someone with plenty of DIY skills. The accommodation briefly comprises of a large Lounge/Kitchen area, with an exposed beamed ceiling and a slate tiled fireplace. To the back of the lounge is the Kitchen area, with a few white base units topped with a wood effect work surface. Further to the rear of the cottage is a part tiled Shower room with a ceramic tiled floor, a white Wc and Basin and a standard size shower unit. Upstairs on the first floor are a large, front facing Double Bedroom and a smaller Single Bedroom to the rear. The property has electric storage heaters in most rooms. So if you are looking for a project be sure to book a viewing soon.

LOCATION The village of Talysarn is located on the edge of the beautiful Nantlle Valley and is surrounded by farmland, lakes and breathtaking mountain scenery. Talysarn, which is on a bus route, has a primary school and a vibrant community centre. A short distance away is the larger village of Penygroes also offering a secondary and primary school, a leisure centre and several useful shops and amenities. A few miles further is the principal town of Caernarfon with its historic castle, supermarkets, restaurants and cafes. Access along the North Wales coast is made easy by the much improved road network within the area.

LOUNGE/KITCHEN 18' 3" x 12' 11" max (5.57m x 3.95m max)

LOBBY 5' 9" x 4' 0" (1.77m x 1.23m)

SHOWER ROOM 6' 8" x 6' 7" (2.05m x 2.03m)

BEDROOM 1 10' 9" x 13' 6" (3.29m x 4.14m)

BEDROOM 2 7' 1" x 8' 2" (2.17m x 2.51m)

OUTSIDE At the front of the property is a large elevated garden with a lawn area that is bordered by well established trees and bushes. A small yard is to the rear and is accessed along the side of the house.

AGENTS NOTE Please note that the pathway leading to the property is owned by No 1, however no 3 has right of way.

AUCTION INFORMATION Tenure
See Legal Pack

Legal Pack
The legal pack will be available online at least seven days prior to sale ending and the purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to the end of the auction.

*Guide Prices and Reserve Prices
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Start Price. The Start Price, also known as a Guide Price, is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms which is available to download on our SDL Auctions website.

Online Auction Registration
Every online bidder on SDL Auctions must first create an account on the online section of the SDL Auctions website - sdlauctions.co.uk/property-auctions/online/

This is a straightforward process. Starting the registration includes filling out your personal details, verifying your email address, and accepting the Online Auction 'Terms and Conditions'. Once you have done this you will be able to search, 'watch' lots and download legal documents.

After starting the registration process you can come back to it to complete at a later date. We suggest completing the registration process at least 3 working days before the lot is due to end, in case you have any problems and need to contact the auctioneers.

In order to bid, you will need to be authorised for money laundering purposes. This includes uploading copies of two forms of identification and passing a anti-money laundering check. This check will leave a soft footprint on your credit report (but it should not affect your credit rating). The registration process also requires card details to be entered, however the card will not be processed unless you are the successful bidder.
Unconditional Online Auction Procedure

If you are the successful bidder you will be legally obliged to buy the property for the full purchase price. At the end of the auction, you are charged 5% deposit (subject to a minimum fee of £5000) and exchange of contracts takes place. The deposit contributes towards the purchase price. By placing a bid, you are authorising the auctioneer to sign the auction contract on your behalf.

The sale of each Lot is subject to a Buyers Fee of 4.8% Inc VAT (or 4.2% Inc VAT in London), subject to a minimum of £6,000 Inc VAT. The reservation fee does not contribute towards the purchase price.

We will automatically charge you £6,000 (using the payment details provided at the registration stage) if you are the successful bidder, as a payment towards the Buyers Fee and deposit. You will be required to pay any outstanding amounts (minimum of £5,000) immediately after the end of the auction, which can be paid by debit card or bank transfer.

Full terms and conditions are available on the SDL Auctions website - sdlauctions.co.uk/wp-content/uploads/2019/04/SDL-Auctions_buyer-terms.pdf