Project Description

Location
The subject property is located in the heart of the village of Gelillydan in the county of Gwynedd in North West Wales.

Gelillydan is in the heart of Snowdonia National Park and provides an ideal base for walkers, cyclists, climbers and fishermen.

The harbour town of Porthmadog is just 9 miles to the west and hosts an array of amenities including a Tesco superstore.

In addition, the British Rail Train Station, Ffestniog and Welsh Highland railway stations are all close by proving easy access to the rest of North West Wales.

Description
This attractive, sturdy stone built cottage features a good size living room, with log burner, window seat, painted exposed stone walls, and stripped timber floorboards and a useful under stairs store area. From the lounge a door leads to the kitchen, which is a good size and well laid out with a door leading to the outside area.

On the first floor are two bedrooms, the main bedroom features exposed painted stone walls, timber wall panels, fireplace, wndow seat, plus an unusual full height ceiling. The second bedroom has a mezzanine floor, accessed by a ladder. It has lighting, power and is carpeted, and has been used as a study and occasional sleeping area.

Also on the second floor is the well fitted shower room, with w.c and a hand basin.

Accommodation
Total    46m2    495ft2
Approx. gross internal floor area taken from the EPC register.

Services
We understand the property has connnections to mains electricity, water and drainage.

Tenure
Freehold

Investment Analysis

We envisage the property can be let on an AST basis for £500 pcm, representing a gross yield of 8.28%.

However, should the property be let out as a holiday let we estimate that in peak times £600 per week may be achieved and during the off peak season this would reduce to £350 per week.

Council Tax
The property is rated in Council Tax Band A . Council Tax payable (2016/2017) is £995.09.

*Guide Price
£72,500

** PLEASE NOTE, THE PROPERTY HAS NOT BEEN MEASURED AND PHOTOGRAPHS HAVE BEEN PROVIDED BY A THIRD PARTY.

Viewing by Appointment

To view this property, please contact John Pye Property – property@johnpye.co.uk – 0115 970 6060

Please click the following link to access the legal pack documents – http://www.johnpye.auctiondocs.com/

Address

Awelfryn,
Gelliydan,
Blaenau Ffestiniog,
Gwynedd
LL41 4EG

Features

✓ Many Period Features
✓ Popular Area
✓ Ideal Holiday Let
✓ Close to Towns
✓ Recent Economy 7 Heating
✓ Fireplace
✓ Wooden Floors
✓ Rural Location
✓ Freehold

Contact

Matt Kirk
Phone: 0115 970 6060
Email: property@johnpye.co.uk
Our Ref: PR165

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