Lot 42 - Land at Giles Road, Blaenavon, Pontypool, NP4 9JR
Guide Price* : £60,000+
- Unconditional Online Auction Sale
Land with Development Potential
Description
A parcel of land which we understand amounts to around 1.65 acres (0.67 ha) the land is located adjacent to an established residential development.
Planning: We understand that correspondence from Torfaen County Borough Council planning department suggests agreement in principle for residential development. Furthermore, we understand that the land is located within the local development plan for residential development. A scheme for a development of 25 units including social housing has been drawn up although has not been formally submitted. Copies of all planning correspondence will be available for inspection at the auctioneer's office.
Tenancies
To be sold with vacant possession
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* : £60,000+
- Unconditional Online Auction Sale
Land with Development Potential
Viewing
Paul Fosh Auctions
Office Contact
Sean Roper
Documents
Auction Finance
As a trusted partner of Paul Fosh Auctions, Together could offer the auction finance you need, when you need it. Visit togethermoney.com for more information.
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