Project Description

*Submit Pre-Auction Offer

Location
The subject property is located on Caer Ffynnon Terrace in the picturesque town of Penrhyndeudraeth which lies 3 miles east of the major coastal town of Porthmadog.

Penrhyndeudraeth is located on the edge of the Snowdonia National Park and as such attracts a range of visitors for a wide range of outdoor pursuits to include walking, fishing, climbing and kayaking.

Nearby Porthmadog hosts a range of amenities, including various supermakets and a good selection of local and national retailers.
The town also has the benefit of a mainline train station linking to nearby Pwllheli and Birmingham.

Description
This two bedroom character cottage is accessed from the main road and has the benefit of unrestricted on street parking.

The property consists of a large carpeted and neutrally decorated lounge with bay window to the front aspect. The lounge leads to the kitchen which benefits from a range of base units. There is a rear yard accessed from the kitchen which has a good sized garage workshop and potential for off road parking.

Upstairs there are two good sized bedrooms which are neutrally decorated and carpeted and a three piece part tiled bathroom suite.

Accommodation
Property not measured.

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

Tenure
Freehold

Investment Analysis
It is envisaged that if the property is to be rented on an AST basis a gross income of £500 pcm (£6,000 pa) will be achieved. Representing a gross yield of 9.23%.

Council Tax
The property is rated in Council Tax Band A. Council Tax payable (2016/2017) is approximately £795.

*Guide Price
£60,000

Please note an inspection of this property has not been undertaken and photographs have been provided by a third party prior to any letting.

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

6 Caer Ffynnon Terrace,
Penrhyndeudraeth
Gwynedd
LL48 6AH

Features

✓ Rural location
✓ Ideal Buy to Let
✓ Potential holiday home
✓ Two bedrooms
✓ Close to amenities
✓ Excellent transport links
✓ Good sized garage / workshop to the rear

Contact

Matt Kirk
Phone: 0115 970 6060
Email: property@johnpye.co.uk
Our Ref: PR115

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