Lot 17 - Land at Twyncynghordy Farm, Twyncynghordy Road, Brynmawr, Ebbw Vale, Gwent, NP23 4JB

  • Unconditional Online Auction Sale
  • Guide Price* : £29,000 +
  • Bedrooms: 0

Land with Development Potential

Description

ONLINE AUCTION from 3rd OCTOBER-5th OCTOBER

Approximately 4 acres of land situated on the edge of a residential area and benefitting from far reaching countryside views. Given the residential development of executive, detached properties in the area the site could lend itself to multi residential development, subject to the necessary planning consents. The vendor informs us that he has previously approached the council to build 23 houses on the site but no formal planning application has been made. The vendor also informs us that there are water and gas utilities on site.

Brynmawr is a market town in Blaenau Gwent, Wales. The town, sometimes cited as the highest town in Wales, is situated at 1,250 to 1,500 feet (380 to 460 m) above sea level at the head of the South Wales Valleys. It grew with the development of the coal mining and iron industries in the early 19th century.

Viewings: : No appointment necessary. Access points can be found at the end of Pant y Lan (South Bank) and a metal gate off Twyncynghordy Road.

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 of 1.2% of the purchase price (subject to a minimum of £1,200) 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.

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