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Property details

Property for sale

Lorien, Ludchurch, Narberth, Pembrokeshire Offers in excess of £180,000

  • Frank B. Mason & Co - Narberth

    67 HIGH STREET, NARBERTH, DYFED

    • 01834 218084

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Bedrooms: 4

**Auction property - starting bids £180,000**

FREEHOLD

Lorien is a spacious detached bungalow situated on a good size plot with garden to front side and rear with a very large driveway with ample parking for numerous vehicles and access to the double garage with light and power connected.

The bungalow benefits from 4 bedrooms most with build in wardrobes/cupboards, bathroom with separate shower, corner bath, wc and wash hand basin, cloakroom, kitchen, dining room plus a large lounge with windows to 3 aspects including a lovely large bay. The property is in need of some updating but offers huge potential for a large family or could accommodate 2 families if the garage were converted to provide an annex (subject to the necessary planning permission being sought).

Located in the village of Ludchurch, between the popular town of Narberth and the seaside village of Amroth. Only a short drive away from the day to day amenities you need including shops, schools, train station and doctor surgery.

Auctioneers comments

This property is for sale by the Modern Method of Auction which is not to be confused with traditional auction. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately, but grant 28 days to achieve exchange of contracts from the date the buyer's solicitor is in receipt of the draft contracts and a further 28 days thereafter to complete. Allowing the additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a non-refundable Reservation Fee of 3.5% to a minimum of £5,000.00 + VAT (£1,000.00) = (£6,000.00) which secures the transaction and takes the property off the market. Fees paid to the Auctioneer may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty liability. Further clarification on this must be sought from your legal representative. The buyer will be required to sign an Acknowledgement of Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation from and all terms and conditions can be found in the Buyer Information Pack which can be downloaded for free from the auction section of our website or requested from our Auction Department. Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the Starting Bid, both the Starting Bid and reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction, which is operated by Great North Property Auction powered by iam-sold Ltd. Reservation Fee is in addition to the final negotiated selling price.

Neighbourhood average sold house prices

Detached
£227,000

Based on 1 transactions covering the past 5 years. Prices are not adjusted for inflation. Data is supplied by the Land Registry.

  • Frank B. Mason & Co - Narberth

    67 HIGH STREET, NARBERTH, DYFED

    • 01834 218084