4 Porkington Terrace, Barmouth, Gwynedd, LL42 1LX

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Town & Country Property Auctions Manchester
Town & Country Property Auctions Manchester

Unconditional (Buyer's Premium)


UNCONDITIONAL - Contracts are exchanged on the fall of the hammer and a 10% deposit will be taken from the highest bidder. This deposit will contribute towards the purchase price.

Description

An exceptional opportunity to acquire a substantial four-storey, double-fronted Victorian property in one of Barmouth’s most iconic and sought-after locations, enjoying breathtaking panoramic views across the sea, estuary, Barmouth Bridge and the Cadair Idris mountain range.

Bod Idris is currently configured as three spacious, self-contained apartments, all successfully utilised as holiday lets, providing an established and proven income stream. However, a significant and highly attractive feature of the property is its ability to be easily utilised as one substantial dwelling.

When combined, the property offers a 10-bedroom “townhouse by the sea”, making it ideally suited for large family holiday lets or group accommodation, a sector which continues to see strong demand and premium rental returns in coastal locations such as this.

The accommodation is arranged over four floors and includes:

• Apartment 1 (Ground & First Floor Maisonette): Extensive accommodation with multiple reception rooms, large kitchen/diner, four double bedrooms (two en-suite), and additional storage
• Apartment 2 (Second Floor): Three double bedrooms (one en-suite), living room, kitchen and bathroom
• Apartment 3 (Top Floor): Three double bedrooms (one en-suite), spacious kitchen/diner, living room and bathroom

All apartments benefit from kitchens, bathrooms and en-suites, whilst retaining a wealth of original period features including high ceilings, bay windows, ornate cornicing, feature fireplaces and original flooring.

Externally, the property boasts landscaped tiered terrace gardens to the front, maximising the stunning outlook. A rare garage provides valuable parking and storage – a significant advantage in this prime coastal setting. In addition, residents have access to well-maintained communal gardens opposite.

The property is ideally positioned just moments from the beach, the historic quay and the vibrant town centre, ensuring consistent demand from holidaymakers.

This is a rare opportunity to acquire a landmark coastal property offering both immediate income and significant scope to enhance returns through reconfiguration and alternative letting strategies.

Tenure

Freehold

Buyers Premium

* Plus 3% Buyers Premium plus VAT

Pre Auction Offers Are Considered

The seller of this property may consider a pre-auction offer prior to the auction date.  All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer’s Premium, and the deposit.  To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online.  To find out more information or to make a pre-auction offer please contact us.

Special Conditions

Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the ‘LEGAL DOCUMENTS’.  Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.

Key Feature 1

Prime coastal location with uninterrupted sea and mountain views

Key Feature 2

Established holiday let income across three apartments

Key Feature 3

Strong demand for large group/family accommodation


* The Guide Price given is an indication as to where the Reserve is currently set. The Reserve is the minimum price that the auctioneer is authorised by the vendor to sell the property for. It is subject to change throughout the marketing period. Where the Guide Price is a single figure, the current Reserve will not be more than 10% above that single figure, and where a price range is given (i.e. £50,000 - £55,000), the Reserve will not exceed the upper level of the range. It is not necessarily what the auctioneer expects it will sell for.

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 must 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.

Viewing: Due to the nature and condition of auction properties, the auctioneers highlight the potential risk that viewing such property carries and advise all to proceed with caution and take necessary requirements to ensure their own safety whist viewing any lots offered. Viewings are conducted entirely at the potential buyers own risk, these properties are not owned or controlled by Town & Country Property Auctions and the auctioneers will not be held liable for loss or injury caused while viewing or accessing the lot. Due to the nature of some auction properties, electricity may not be turned on, therefore viewing times are restricted. Viewers will need to bring their own lighting/ ladders if wanting to inspect cupboards, cellars and roof spaces. Some viewings are carried out by third party agents and we will endeavour to give appropriate notice should the published viewing time change. Town & Country Property Auctions will not be liable for any costs or losses incurred due to viewing cancellations or no shows.

All auctioneer fees and deposits stated are non-refundable. The deposit will be applied toward the final purchase price. Auctioneer fees, while not contributing to the purchase price, will still be included in the total chargeable consideration of the property when calculating Stamp Duty Land Tax, Land Transaction Tax, or Land and Buildings Transaction Tax (as applicable depending on whether the property is located in England, Wales, or Scotland).

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