Lot 89 - Land at 7 8 & 9 Pantteg, Ystalyfera, Swansea, West Glamorgan, SA9 2BU

Description

ONLINE AUCTION from from 10th-12th November

A rare residential development opportunity in the Swansea Valley, comprising the former site of three terraced houses with potential for redevelopment to provide a new terrace of four attractive 3-bedroom homes.

Location

Ystalyfera is an established village in the Swansea Valley, situated on the River Tawe and approximately 13 miles north of Swansea. The village lies close to the A4067, providing road connections through the valley and towards the wider Swansea and Neath areas.

The surrounding area combines a traditional valley-town setting with attractive countryside and hills. Ystalyfera and nearby Ystradgynlais provide a range of everyday amenities, including shops, cafés, takeaways, schools and other local services. Ystradgynlais is approximately one mile away.

The location also benefits from proximity to some of the area's best-known outdoor and tourist attractions, including Henrhyd Waterfalls, Craig y Nos Country Park and the National Showcaves Centre for Wales, while the Bannau Brycheiniog National Park is readily accessible by road.

Tenure: Refer to legal pack
Existing buildings: Demolished
Proposed development: 4 × 3-bedroom terraced houses, subject to planning/consents Location: 7, 8 & 9 Pantteg, Ystalyfera, Swansea, SA9 2BU
Planning authority: Neath Port Talbot County Borough Council

The Site

The property comprises the site of 7, 8 & 9 Pantteg, Ystalyfera, a prominent residential plot within an established terrace on Pantteg.The former three terrace houses have been demolished, leaving a cleared development site ready for a purchaser to take forward, subject to obtaining all necessary planning permissions, building regulations approvals and other statutory consents.The site offers an exciting opportunity for a developer, builder or investor to create a small-scale residential scheme that complements the existing character of Pantteg.

Proposed Development

The site is considered well suited to the construction of a terrace of four new 3-bedroom houses. An architect's impression accompanying the sale illustrates the proposed development, comprising four traditionally styled two-storey homes designed to sit comfortably within the established residential surroundings.

The indicative scheme provides:
· 4 new-build terraced houses
· 3 bedrooms per house
· Two-storey accommodation
· Individual front gardens/amenity areas
· Large rear gardens
· Private residential entrances
· Traditional architectural detailing
· A design intended to reflect the character of the surrounding properties

The proposed development and site plan should be regarded as indicative only and prospective purchasers should make their own enquiries regarding planning, design, access, services, drainage, highways and development viability.

The opportunity is particularly suited to:

· Small residential developers

· Local builders

· Property investors

· Housing developers

· Purchasers seeking a four-unit development opportunity

· Developers looking to build and sell individual new homes

The creation of four modern 3-bedroom houses would provide a relatively compact development scheme within an established residential neighbourhood, with potential for both individual sales and investment/letting.

Please note: Photo three is the site prior to demolition an all parties and all prospective purchasers should make their own enquires regarding the feasibility of developing the site.

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.