1 Bedroom Flat for sale in Bangor, Gwynedd

A great investment opportunity to acquire a property currently let on an assured shorthold tenancy until October 2022 at £750 per calendar month. With demand on the marina consistently high for similar long term lets the property also has potential for personal occupancy with an immediate income until the present tenancy expires.

Located on the upper floor of a three storey block this modern 1 bedroomed apartment benefits from attractive views over Hirael Bay to the Menai Strait and mountains in the distance. The property is being offered for sale with an existing tenancy in place until October 2022 at £750 per calendar month and benefits from open plan living accommodation a double bedroom and bathroom in addition to a private balcony.

Taking the main road out of Bangor in the Chester/Llandudno direction and continue out of the city past the swimming pool, and bearing right with the main road, turning left at the mini roundabout in approximately 100 yards into Y Bae development. On entering the development take the first left and the apartment is in the first block on the left hand side.

Second Floor

Entrance door to:

Entrance hall

Double door to cloaks cupboard. Radiator. Doors leading off to:

Open Plan Lounge/Kitchen/Diner
22' 7'' x 6' 7'' (6.88m x 2.01m)
Providing a bright and spacious area which creates two distinct sections with in effect an “L” shaped layout. The lounge area has a set of sliding double glazed doors opening onto the balcony area and a further side window enjoying views to Hirael bay and the mountains. The lounge section opens into the kitchen area which is fitted with a range of matching modern base and eye level units with worktop space over, and incorporating an integrated fridge/freezer, and washing machine in addition to a built in oven and 4 ring hob with extractor hood above. The open plan area provides plenty of space for living, eating and cooking and is heated with a single and double radiator.

Lounge/Dining Area
17' 6'' x 17' 1'' (5.34m x 5.20m) Maximum Dimensions
PVCu double glazed window to side framing the distant sea views. PVCu doubkle glazed sliding door opening out onto the balcony, a lovely spot to relax. Radiator.

Bedroom 1
11' 0'' x 9' 8'' (3.35m x 2.94m)
Providing a double bedroom with single radiator, and double glazed sliding patio doors opening onto the balcony

Bathroom

Fitted with white three piece suite comprising panelled bath with separate shower over, wash hand basin and WC. Tiled floor and partly tiled walls, heated towel rail.

Outside

Whilst the development has a dedicated parking spot and visitor parking, this apartment has the added advantage of a private balcony for the exclusive use of the occupier.

Tenure

We have been advised by the sellers that the property is offered for sale on the residual of a 150 year lease created in 2013
The current ground rent is £200 per annum
The current service charge is £800 per annum

Please note it is important you discuss the terms and details of the Leasehold with your solicitor to ensure this information is still applicable