FOR SALE BY ONLINE AUCTION - 4 WEEKS' COMPLETION - A double building plot with outline planning permission to erect two detached 4/5 bedroom houses, three storey houses located in the centre of the village. Potential for amendment to planning, subject to consent.
Auction date
To be sold by online auction on Friday 30th September 2022, bidding will open at 10.00.
To view
The site is open and can be viewed at any reasonable time. Please take reasonable care to respect the privacy of the neighbouring residents.
Registration
All bidders/potential buyers are required to register ahead of the auction date to be able to bid/buy, please visit our website to setup an online auction account.
Location
*Established residential location * Close to local schools and shops * Excellent access to Cwmbran & Newport * M4 access at junctions 25A & 26
Description
* Double building plot * Planning Permission for two detached 4/5 bedroom houses * Potential for amendment to 2 buildings comprising x 4 two bedroom flats, subject to planning permission
Planning
Outline planning was granted on 22 September 2020 for the erection of two detached dwellings with central access driveway and associated parking at the rear. Application reference: 19/P/0553/OUT
Proposed development
Plot 1. Detached 3 storey house approximately 1,400 square feet. Ground floor, living room, dining room, kitchen. First floor, 3 bedrooms, bathroom. Second floor, 1/2 bedrooms, bathroom. Plot 2. Detached 3 storey house, approximately 1,400 square feet. Ground floor, living room, dining room, kitchen. First floor, 3 bedrooms, bathroom. Second floor, 1/2 bedrooms, bathroom.
Tenure
Freehold with vacant possession
Council
Torfaen Borough Council
Please note
All plans are strictly for identification purposes only and should not be relied upon. Please refer to the legal pack for the Land Registry plan of each lot. Any plans are reproduced from Ordnance Survey maps with kind permission of the Controller of Her Majesty’s Stationery Office @ Crown copyright. All rights reserved, Licence no: 100020449.
Legal pack
For each lot there are Special Conditions of Sale and other documentation provided by the vendor’s solicitors. If you wish to receive the Legal Pack, you will be able to register for this via the link on our website. You will receive notification by email once the Legal Pack is received from the solicitor.
Additional fees
A buyers charge of £1,200 including VAT is payable on each lot that you buy, in addition to the sale price. Please be aware there may be other additional fees, including disbursements contained in the legal pack payable on completion. Please ensure that you check the legal pack for each lot that you are interested in, prior to bidding.
* 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.
By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.
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