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Williams & Goodwin The Property People
313 High Street
Bangor
Gwynedd
LL57 1UL
United Kingdom
Tel: 01248 355333
bangor@tppuk.comAn exciting opportunity to purchase a realistically priced new build apartment in the middle of town which would provide a great investment opportunity with such strong demand for rented accommodation in the area, or equally suit a first time buyer looking to get on the housing ladder. The property will benefit a 6 year Architects certificate with an option to upgrade to 12 years should the buyer requires. The sale of these, purpose built ground and first floor apartments provides a rare opportunity to acquire a low maintenance modern unit located just a stone’s throw from the High Street and therefore ideally located for all shops, and city centre amenities as well as being just a short walk from the main university buildings. The apartments are being offered for sale with the benefit of UPVC double glazing, gas fired central heating, and solar panels. Each apartment also has the advantage of a 6 year architect certificate as well as qualifying under the Help to Buy scheme making the development ideal for a first time buyer looking to make a step into the property market, or other prospective purchaser looking for a modern and low maintenance unit.
The sale of these, purpose built ground and first floor apartments provides a rare opportunity to acquire a low maintenance modern unit located just a stone’s throw from the High Street and therefore ideally located for all shops, and city centre amenities as well as being just a short walk from the main university buildings. The apartments are being offered for sale with the benefit of UPVC double glazing, gas fired central heating, and solar panels. Each apartment also has the advantage of a 6 year architect certificate as well as qualifying under the Help to Buy scheme making the development ideal for a first time buyer looking to make a step into the property market, or other prospective purchaser looking for a modern and low maintenance unit.
From the agents office in Bangor High Street turn right and continue up the High Street past the town clock, taking the next left turn at the Nationwide Building Society, into York Place/Caellepa. The proposed development will then be located on the right hand side just before the converted chapel on the corner of Caellepa.
At the time of preparing details either a ground or first floor apartment is available with the following layout
Entrance Hall
With fitted storage cupboard
Open Plan Living Room/Kitchen
13' 9'' x 12' 10'' (4.20m x 3.90m)
Being fitted with a range of modern fitted wall and base units having working surfaces above. UPVC double glazed window to front, and single radiator.
Bedroom 1
13' 9'' x 9' 10'' (4.20m x 3.00m) maximum dimensions
With UPVC double glazed window to side and radiator. Fitted wardrobe.
Bathroom
Having modern suite of panelled bath, wash hand basin, and w.c.
Outside
The property has a small communal area surrounding the block, shared between both apartments.
Note to customers:
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.
Representative example A mortgage of £202,784 payable over 23 years, initially on a fixed rate until 30/09/19 at 1.30% and then on a variable rate of 3.89% for the remaining 21 years would require 26 payments of £850.04 and 250 payments of £1,086.74. The total amount payable would be £294,896 made up of the loan amount plus interest (£91,002) and fees (£1,110). The overall cost for comparison is 3.5% APRC representative.
Lender | Scheme Type | Initial Rate | Subsequent Rate | Overall Cost for Comparison (APR) | Arrangement Fee | Help With Costs | Early Repayment Charges | Early Repayment Details | Monthly Payment | LTV |
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Lender | Scheme Type | Initial Rate | Subsequent Rate | Overall Cost for Comparison (APR) | Arrangement Fee | Help With Costs | Early Repayment Charges | Early Repayment Details | Monthly Payment | LTV |
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Lender | Scheme Type | Initial Rate | Subsequent Rate | Overall Cost for Comparison (APR) | Arrangement Fee | Help With Costs | Early Repayment Charges | Early Repayment Details | Monthly Payment | LTV |
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*The monthly payment is based on an repayment mortgage where the amount borrowed is equal to the % of the purchase price shown in the LTV column.
The GPEA Mortgage Service is provided by London & Country, the UK's leading fee-free mortgage broker. Their expert mortgage advisers will recommend the best mortgage to suit your personal circumstances and you'll have help managing your mortgage from start to finish. Whether you're a first time buyer looking to get on the property ladder, a home mover, a landlord buying property to let or an existing borrower looking to remortgage your current deal, their advisers are available to help you 7 days a week.
The actual rate available will depend upon your circumstances. Please ask for a personalised illustration.
Your home or property may be repossessed if you do not keep up repayments on your mortgage.
YOUR HOME OR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE
The FCA does not regulate most buy to let mortgages.
The Guild of Property Professionals Mortgage Services is provided by London & Country Mortgages Ltd, Beazer House, Lower Bristol Road, Bath, BA2 3BA who are authorised and regulated by the Financial Conduct Authority. FCA number 143002
Representative example A mortgage of £202,784 payable over 23 years, initially on a fixed rate until 30/09/19 at 1.30% and then on a variable rate of 3.89% for the remaining 21 years would require 26 payments of £850.04 and 250 payments of £1,086.74. The total amount payable would be £294,896 made up of the loan amount plus interest (£91,002) and fees (£1,110). The overall cost for comparison is 3.5% APRC representative.
Check mortgage eligibility online