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auction West Wales property auction - advice pleaseHi, I have seen this detached house in Gorsgoch SA40 9TE on John Francis website for auction, and I have seen this house, my question is that I haven't bought a house in Wales before are there any different rules? I know they don't have stamp duty but have a cheaper land tax but apart from that are there any restrictions? The house has a new roof and plans for a loft conversion (2 extra beds and a bathroom). Any advice? Thanks JL https://www.johnfrancis.co.uk/pages/auction_property?lid=160083
Afan Valley Holiday Let
ryan_edwards posted a topic in WalesHello all, I've listened to all of The Property Hub podcast and now a new forum member. I am based in Kent but as a keen mountain biker spend some time in Wales, in particular Afan Forest. I am interested in buying a property that requires a refurb close to the Afan Forest Mountain Bike Trail Centre with the hope to do it up and run it as a Holiday Let for mountain bikers and hikers. I was looking at smaller villages such as Cymmer, or possibly larger towns like Maesteg and Neath. Putting Covid to one side, my hesitation is that bookings will be much slower during the winter months and during the week year round, does anyone have experience doing a similar thing in the area? I was also thinking Port Talbot might be a safer option as it’s still close to Afan but has the additional advantage of being a larger town with the beach and promenade with good Buy To Let fundamentals, meaning it could provide a plan B option if the bookings aren’t steady enough? Any insights, recommendations, or thoughts are welcomed! Thank you, Ryan