Parcel of Land Extending to Some 10.67 Acres or Thereabouts
Penrhyn Arms Woods, Bangor, Gwynedd, LL57 1PX
- 138
Guide Price: *
£1
Fees apply
Buyer's fee:£1,200
All fees include VAT at 20%
Holding Deposit: *£3,800
*Only charged if you are the successful buyer and goes towards the purchase price
Auction Type:
Traditional
Sold for:
£14,253Bid history
54 bidsC
02/12/2021 15:27:56 - £14,253
K
02/12/2021 15:26:22 - £14,003
C
02/12/2021 15:22:29 - £13,753
See all 54 bids ▾
Proposed online bidding end 02/12/2021 at 14.00.
Bidding should open soon...
ALL INTERESTED PARTIES MUST READ AND FOLLOW THE ONLINE AUCTION TERMS & CONDITIONS
An unusual opportunity to purchase a parcel of land extending to some 10.67 acres or thereabouts bordering onto the City Centre.
This lot is being offered with NO RESERVE price, hence the reason for the £1 guide price.
PLEASE NOTE:
Areas provided by the auctioneers are approximate as provided by the online tool mapping application,Promap. Promap states the area/land is in the region of 10.67 acres. The area is a sloping site with woodland which may give a variance on the usable area. Buyers should make thier own enquires and satisfay themselves to the area being purchased.
Note to Customers:
All our online auction lots are offered for sale with the required advertising statement, “unless sold or withdrawn prior” although on this lot (Penrhyn Arms Woods, Bangor, Gwynedd, LL57) the sellers have stated that no offers should be made before the bidding commences online.
This property may /may not be suitable for mortgage, buyers should make their own enquires and be in a position to proceed, with funds in place before they bid. As required to disclose, Williams & Goodwin The Property People Ltd, through our membership of The Guild of Property Professionals recommend our clients/customers use L&C for Fee Free mortgage advice. Should you decide to use their services L&C will pay us 25% of any payment they receive from lenders and insurers for the services they provide you. We generally refer to local solicitors for conveyancing and do not receive any referral fees for this. We do not refer to L&C for their conveyancer services with property sold through our agency, however if you engage the service of their recommended conveyancer, L&C will pay us £120 including VAT for each completed sale and/or purchase instruction.
NOTE: Details may be amended and documents added/changed, bidders need to ensure they check all documents and also check for updates throughout the auction.
Buyer to pay sellers Estate Agency Fees (amount to be confirmed in legal pack special condition).
All bidders please note - ADDENDUM –
published prior to opening of bidding on 2nd December 2021:
Please note, to avoid confusion, this auction lot (Penrhyn Arms Woods) is being sold under the RICS 4th edition common auction conditions as included in the legal documents (not the 3rd edition that has been include in the sale pack). For clarity and the benefit of anyone considering bidding who has not seen the lot, the area is a woodland located on the edge of the city commonly referred to as Bangor mountain – due to the nature of the lot, the post code used within the address is for location purposes only and is of a neighbouring property, not the actual lot.
Summary
- Auction end
- 2nd Dec at 15:32
- Property type
- Land
- Tenure
- Ask Agent
- Council tax band
- Ask Agent
Summary
- Auction end
- 2nd Dec at 15:32
- Property type
- Land
- Tenure
- Ask Agent
- Council tax band
- Ask Agent
This property is being sold by:
Williams & Goodwin The Property People Ltd
01248 75 39 39
21-23 Church Street, Llangefni, Ynys Môn, LL77 7DU
†Traditional auction
Exchange occurs at the end of the auction. This means that if the reserve is met or exceeded and the auction timer reaches zero, the successful bidder is legally obliged to pay the purchase price and the seller will be legally obliged to sell the property. To ensure that the successful bidder proceeds, the buyer is automatically charged a holding deposit, which is held in a secure client account, pursuant to the terms of a holding deposit agreement.
* Pricing Information
The Guide Price amount specified is an indication of each seller's minimum expectation. It is not necessarily the amount at which the property will sell. Each property will be offered subject to a Reserve (a figure below which the property will not be sold) which we expect will be set no more than 10% above the Guide Price amount.
Bamboo Auctions and Williams & Goodwin / All Wales Auction shall not be liable for any inaccuracies in the fees stated on this description page, in the bidding confirmation pop up or in the particulars. Buyers should check the contents of the legal pack and special conditions for accurate information on fees. Where there is a conflict between the fees stated in the particulars, the bid information box above or the bidding confirmation pop up and the contents of the legal pack, the contents of the legal pack shall prevail.
Stamp Duty Land Tax or Land and Buildings Transaction Tax may also apply in some circumstances.
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Disclaimer
All information relating to this property, including descriptions, pictures and other related information has been provided by Williams & Goodwin / All Wales Auction. All legal documents in relation to this property have been provided by the Vendor's solicitor. Neither Bamboo Auctions or any individual in employment with Bamboo Auctions makes any warranty as to the accuracy or completeness of any of the property information.
These particulars do not form part of any contract or offer. Buyers should not rely on them as statements of representation and should check that the information is correct by inspection or otherwise. Where there is a conflict between the contents of the legal documents and these particulars, the information contained in the legal documents shall prevail.
