£400,000 — 0 bed land for sale

0.9% Yield est

Coedle, Red Wharf Bay, Pentraeth, Gwynedd LL75

0.8% - 1.0% range

Bedrooms 0
Bathrooms 0
Property Type Land
Sale Method Auction
Average Rental Value £ 308 pcm
Status For Sale
Days on Market 1459
Stamp Duty £10000
1 Yr Capital 22.4%
3 Yr Capital 3.8%
Historic Peak -
Cum. Capital Since Peak -

A rare opportunity to acquire the freehold interest in a 3 bedroom dormer bungalow with spectacular views over the popular Anglesey destination of Red Wharf Bay with further re-development opportunity.The property is set in 1.23 Acres (0.50 Hectacres) and has the benefit of a detailed planning permission to erect a 4 bedroom detached house adjacent to the existing dwelling, Planning Approval No: 30C721AThe bungalow is currently let on a Assured Shorthold Tenancy holding over at a rent of 5,200 per annum.Guide prices & reserve pricesGuide PriceAn indication of the sellers current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.Reserve PriceThe sellers minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer.Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

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