Lot 41 - Development Site at, Hill Street, Rhymney, Tredegar, Gwent, NP22 5JE

  • Unconditional Online Auction Sale
  • Guide Price* : £99,000+
  • Bedrooms: 0

Lot 41 - Development Site

Description

ONLINE AUCTION from 30th JANUARY-1st FEBRUARY

An opportunity to acquire a development site with planning for eight properties. The site is situated in a well established residential location within the town of Rhymney which benefits from an excellent range of amenities and transport links including train station. The land is mainly rectangular in shape and has a gradual slope upwards from Hill Street and measures approximately 0.3 hectares.

Planning:
Planning has been granted for the erection of eight dwellings and full details are available from the Auctioneer's office. The vendor has also had an alternative scheme proposed which indicates the possibility of ten terraced properties with garages to the rear, again, copies are available from 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 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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