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Residential properties for auction in Madoc Terrace, LL55

Create Alert 3 results Sorry, we currently do not have any listings in 0 miles of Madoc Terrace, LL55 - Please find below the nearest listings available.

Auction Date: 21st - 22nd November

Guide Price: £850,000 +

•Grade II* Listed Building
•Approx. GIA floor area 45,000 ft.²
•Guide price devalues to less than £20 ft.²
•Approx. site area 4.45 acres
•Renovation work to East Wing mostly completed
•Five existing 1 & 2 bed apartments
•Development opportunity (STP)
•Suitable for a variety of uses (STP)
•Located close to Pembrokeshire Coast National Park
** UNSOLD – AVAILABLE AT £240,000 **

Residential investment opportunity - A four storey Grade II listed end-terrace House of Multiple Occupation producing a rental income of £33,020 per annum.
Property Description

A four storey Grade II listed end-terrace HMO located just minutes from Bangor city centre amenities, University and transport links.The A55 expressway is just a short drive away allowing easy access to the beautiful Isle of Anglesey, the stunning Snowdonia National Park and the eastbound North Wales coastal resorts and attractions. The property is currently let producing a rental income of £33,020 per annum (£635 per week). The Auctioneers have not yet had sight of the tenancy agreements and further information will be provided within the legal pack. The accommodation benefits from UPVC double glazing to the entire rear elevation and mains gas central heating, and in brief comprises:-
Ground Floor:

Entrance Hall
Two Bedrooms
First Floor:

Three Bedrooms
Shower Room
Second Floor:

Two Bedrooms
Shower Room

Paved garden to the front
Large terraced garden to rear
Roadside parking

Freehold. Subject to tenancy.
1 Erwfair, Garth Road, Bangor, LL57 2RT
A four storey Grade II listed end-terrace House of Multiple Occupation
Type: House, Mixed Use, Residential, Other Property Types & Opportunities
Location: 1 Erwfair Garth Road, Bangor, LL57 2RT
Images: 7
Brochures: 1
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Seven-bedroom HMO property
Accommodation over four storeys
Potential income of £2,800 pcm
Potential gross yield of 16.84%
Close to local transport links
Nearby amenities

This property is located on Garth Road in the city of Bangor. The city centre is situated half a mile from the property, providing easy access through Garth Road and Deniol Road. Bangor University is also situated within close distance, which can be reached within a 10-minute walk of the property.
Bangor is a city and community in Gwynedd, northwest Wales. The city offers a range of shopping facilities and amenities throughout.
There are excellent transport links within the area including train services providing regular access across the country. The railway station is located on the north Wales Coast Line.

• For Sale By Online Auction: 17th – 18th December 2018
• Guide Price: £199,500+
• Seven-bedroom HMO property
• Potential income of £33,600 per annum
• Freehold

This grade II listed property comprises accommodation over four floors.

Accommodation briefly includes hallway, lounge, double bedroom, kitchen and shower room to the ground floor. The lower ground floor comprises cellar room, dining room, bathroom and one bedroom. To the first-floor accommodation, there is a landing area and two good sized bedrooms. To the second floor, there are an additional two bedrooms and a landing area.

Externally, the property benefits from unrestricted parking on Garth Road.

We understand the property has mains electricity, water and drainage. However, interested parties should carry out their own investigations.


Investment Analysis
The property has a potential to achieve an income of £2,800 pcm (£33,600 per annum) if fully let, per annum, reflecting a potential gross yield of 16.84%, based on the guide price.

Council Tax
This property is rated in Council Tax Band D. Council Tax payable (2017/2018) is £1,601.

Guide Price

Buyer’s Premium
2% (min. £3,600) inc. VAT.

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Viewing by Appointment
To view this property, please contact John Pye Property – property@johnpye.co.uk – 0115 970 6060
3 Erwfair, Garth Road, Bangor, LL57 2RT
Grade II Listed Seven Bedroom HMO – Ideal Investment Property – Potential Gross Yield of 15.27%
Type: House, Residential
Location: 3 Erwfair Garth Road, Bangor, LL57 2RT
Images: 8
Brochures: 1
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** There were no bids, please refer to Auctioneer **

This Grade II Listed property is situated on an incline above Tal-y-Bont and enjoys stunning views over the Conwy valley. The property dates from the late 17th Century or early 18th and was originally used by drovers to take livestock from the mountains to markets further east. Internally there is a feature inglenook fireplace and a low beamed ceiling (legend has it that some of the beams came from the Spanish Armada). The property occupies an extensive site of approximately 0.68 acres/0.28 hectares.
Suitable for a variety of alternative uses subject to obtaining any necessary planning consents.
There may be some fixtures, fittings and contents remaining in the premises on completion. Please note there is VAT payable on this Lot (see Legal Pack for details)


See legal pack

Ground Floor

Main Bar (Originally this area was partitioned into a number of rooms)
Ladies & Gents WC’s

First Floor

Living Room
Two Bedrooms


There are extensive grounds comprising a car park for 22 vehicles, a garage, elevated patio and a substantial beer garden.

Energy Efficiency Rating (EPC)

Current Rating TBC


Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Local Authority

Conwy County

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of 0.6% inc VAT, subject to a minimum of £900 inc VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Ye Old Bull Inn, Lianbedr-y-Cennin, Conwy, LL32 8JB
Detached Two Storey Former Public House on 0.68 Acre/0.28 Hectare Site
Type: Flat, Pubs/Bars/Clubs, Pubs/Bars/Clubs, Residential, Licensed & Leisure
Location: Ye Old Bull Inn, Lianbedr-y-Cennin , Conwy, LL32 8JB
Images: 1
Brochures: 1
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