A HUGE seafront property in Llandudno which was due to be sold at auction was withdrawn, with no bids tendered.
The town house, at 3 East Parade, went to online auction with Town & Country Property Auctions yesterday (August 29).
No bids were made for the property, according to the auctioneer.
The Grade II listed property had been set a freehold guide price of £350,000, with additional fees.
With seven bedrooms across five storeys, the house offers sweeping views of the bay and Great Orme.
Currently rated as two residential apartments, the property is described as having "immense potential" for redevelopment.
MORE:
However, the auctioneers did note that it "does require modernisation, upgrading and possible re-modelling".
Its auction listing states: "The property has immense potential for a variety of uses or development, forming part of the world-famous crescent shaped Promenade of this highly popular coastal resort, known as the 'Welsh Riviera' or 'The Queen of the Welsh Resorts'.
"The substantial accommodation does require modernisation, upgrading and possible re-modelling depending on the required layout and end-use, but as can be seen from the floorplans there is a huge area to work with and offers great scope for someone with an 'eye' or who has 'vision' to restore this historic building to its former glory.
"The property is currently rated as two residential apartments, but does offer three separate living areas, although not converted into separate self-contained apartments."
The building also includes three living room/lounge areas, three kitchens, two dining rooms, and three bathrooms (two of which are en-suite).
Comments: Our rules
We want our comments to be a lively and valuable part of our community - a place where readers can debate and engage with the most important local issues. The ability to comment on our stories is a privilege, not a right, however, and that privilege may be withdrawn if it is abused or misused.
Please report any comments that break our rules.
Read the rules here