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Lot 10 - Nant-Y-Glyn Hall Flats

Guide Price*

£195,000 Plus 5% Buyers Premium + VAT

  • Nant Y Glyn Hall Flats Nant Y Glyn Hall, Nant-Y-Glyn Hall Flats, Nant Y Glyn Road, Colwyn Bay, Clwyd, LL29 7RD

Features

A most imposing and substantial DETACHED STONE RESIDENCE of immense character located in is own grounds at the end of a long driveway. Of interest to Investors, Property Speculators and Developers the FREEHOLD property comprises 7 SELF CONTAINED APARTMENTS, three currently let at the time of writing but when all fully occupied produces an excellent investment income. In a private wooded setting in the Nant-y-Glyn valley the property is also near to Eirias Park & Leisure Complex, the town centre and access onto the A55. CB7028

Nant Y Glyn hall is at present run as a HMO with three out of seven apartments let (income £16,500 p.a). The property lends itself to the sale of individual apartments on leases or holiday lets.

There is investment required to update two of the apartments

Apartment 1 - Communal Hall to Apartment 1 and Hall, Lovely Lounge and Dining Room, Galley Style Kitchen, 2 Bedrooms each with En Suites. Energy Rating E50 Potential E53

Apartment 2 - Own Front door to Hall, Fitted Kitchen, Utility, Large Lounge and Dining Room, Stairway off the Lounge to upstairs and Landing, Boiler Cupboard, 2 Bedrooms and Bathroom. Energy Rating E54 Potential C75

Apartment 3 - Communal Entrance off the Rear Elevation and Apartment 3 Hall, Lounge, Kitchen, Inner Hall and Boiler Cupboard, 2 Bedrooms each with En Suites. Energy Rating D57 Potential C76

Apartment 5 - Communal Staircase off the Hall to Communal Landing and Apartment 5, Large Lounge, Bedroom off, Kitchen, Bathroom and Bedroom 2 Energy Rating F38 Potential E52

Apartment 6 - In need of full refurbishment. Entrance off the Communal Landing to Large Lounge and Dining, Kitchen, Bedroom, Bathroom and Store Cupboard. Energy Rating F28 Potential F29

Apartment 7 - Hall, Lounge, Kitchen Off, Bathroom, Upper Floor to Bedroom Energy Rating E44 Potential C70

Apartment 8 - In need of full refurbishment. Hallway and Cupboard, Bedroom, Lounge, Bathroom and Kitchen Energy Rating D64 Potential C77

Basement – Currently used for storage, but with relevant permissions, could be converted to an additional apartment

Communal areas require some refurbishment

Outside - The property is approached by a long gravel tree lined driveway off Nant-y-Glyn Road to the communal parking area.

Grounds – around the Hall including a garden area to the left of the Hall of circa 0.5 acre, please refer to the site plan within the legal pack for details.

Additional Information

*The guide price may not always be the same as the reserve price .The guide is an indication given by the Auctioneer. Where the guide price is a bracket figure, the reserve cannot exceed the top end of the bracket price. If the guide price is a single figure, then the reserve can be up to 10% in excess of this.

We would like to point out that all measurements, floor plans and photographs are for guidance purposes only (photographs may be taken with a wide angled/zoom lens), and dimensions, shapes and precise locations may differ to those set out in these sales particulars which are approximate and intended for guidance purposes only.

These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but most satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property.

Nant Y Glyn Hall Flats Nant Y Glyn Hall, Nant-Y-Glyn Hall Flats, Nant Y Glyn Road, Colwyn Bay, Clwyd, LL29 7RD

Floorplans

Floorplan
Floorplan
Floorplan
Floorplan

For Sale at our Past Auction

29th October 2020

  • Public online auction - Bidding starts 5:30pm on the 29th October 2020 please see each individual lot for end times on the 29th October 2020
  • Started at 7:30pm

To enquire or view, please contact

North Wales

  • Imperial Buildings, 1-3 King Street, Wrexham LL11 1HE
  • info@townandcountrypropertyauctions.co.uk
  • 0844 8004 825

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Auction Finance

Unconditional Lot - Buyers Premium Applies

UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a deposit and a 5%+VAT (subject to a minimum of £5,000+VAT) buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).

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