Lot 24 - Ty'r Morwydd House and Environmental Study Centre, Pen Y Pound, Abergavenny, Monmouthshire, NP7 5UD

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Lot 24 - Ty'r Morwydd House and Environmental Study Centre, Pen Y Pound, Abergavenny, Monmouthshire, NP7 5UD

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Guide Price* : £360,000+

  • Unconditional Online Auction Sale

Lot 24 - Development opportunity

Description

ONLINE AUCTION from 24th JUNE - 26th JUNE 2025

The property comprises a former youth hostel and education centre, with planning in place to convert the building into 16 flats, 9 of which will be affordable and 7 which will be private, the flats will provide a combination of studios, one bedroom and two bedroom flats on completion Communal gardens to the rear and off street parking.

There is good floor to ceiling heights to the ground floor, Far reaching views to the upper floors. The building is currently in shell condition awaiting fit out Assumed specification will be suited to the target market.

The subject Property is located in Abergavenny in Monmouthshire, South Wales, The Property is located to the north of Abergavenny town centre in a quiet location with town centre amenities easily accessible. The surrounding hills easily accessible to the north with a primary school opposite the development. Sporting amenities are just to the north surrounding Pen Y Pound Stadium with the A40 is accessible 0.1 miles to the south and provides a connection to Monmouth 16 miles to the east. The M4 Motorway is within 17.5 miles to the south at Junction 25a via the A4042.

PLANNING: Planning application - DC/2014/01016

VIRTUAL TOUR

Accommodation

Floor Description Area Sq Ft Area Sq M
Plot/Floor Acommodation Area Sq Ft Area Sq M
Plot 1/Ground Floor 2 bedroom, bathrooms 871 81
Plot 2/Ground Floor 2 bedrooms, bathroom 667 62
Plot 3/Ground Floor Studio 344 32
Plot 4/Ground Floor 1 bedroom, bathroom 516 48
Plot 5/Ground Floor 2 bedrooms, bathroom 785 73
Plot 6/Ground Floor 1 bedroom, bathroom 549 51
Plot 7/First Floor 1 bedroom, bathroom 549 51
Plot 8/First Floor 2 bedroom, bathroom 635 59
Plot 9/First Floor Studio 344 32
Plot 10/First Floor 2 bedrooms, bathroom 667 62
Plot 11/First Floor 1 bedroom, bathroom 581 54
Plot 12/Second Floor 1 bedroom, bathroom 484 45
Plot 13/Second Floor 1 bedroom, bathroom 517 48
Plot 14/Second Floor Studio 344 32
Plot 15/Second Floor 2 bedrooms, bathroom 646 60
Plot 16/Second Floor 1 bedroom, bathroom 592 55
Total 9,091 845

Tenancies

To be sold with vacant possession.

INVESTORS: If you are looking for assistance in tenant find and/or management packages, information on rental income/interest potential we have a Lettings Department that can help you. Please call us or email lettings@paulfoshlettings.com for invaluable advice.

Tenure

Advised Freehold - to be verified by solicitor

Auction Fees And Additional Costs

Auction fees: The sale of each lot is subject to a buyer’s premium/admin fee of 1.5% of the purchase price (subject to a minimum of £1,500 for sale prices between £1 and £50,000 or subject to a minimum of £2,400 for sale prices of £50,001 upwards) including VAT unless otherwise stated.

Additional costs: The purchase of the property may be subject to (but are not limited to), VAT (if applicable), reimbursement of the seller’s search fees, reimbursement of seller’s legal and/or sales costs, stamp duty/land transaction tax (LTT). Please check accompanying legal pack for further details.

* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Guide Price* : £360,000+

  • Unconditional Online Auction Sale

Lot 24 - Development opportunity

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Paul Fosh Auctions

01633 254044

Office Contact

Sean Roper

sean@paulfoshauctions.com 01633254044
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Lot 24 - Ty'r Morwydd House and Environmental Study Centre, Pen Y Pound, Abergavenny, Monmouthshire, NP7 5UD

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