Lot 28 - Land at Cedar Road, St. Athan, Barry, CF62 4JT

  • Unconditional Online Auction Sale
  • Guide Price* : £270,000+
  • Bedrooms: 0

Lot 28 - Parcel of Land with Planning Consent for Four Detached Residential Dwellings

Description

ONLINE AUCTION from 30th JANUARY-1st FEBRUARY

A parcel of land with planning consent for four detached residential dwellings.

The site was formerly part of a larger development which had planning consent for residential units. Four of these units have been built and are now occupied. The current vendor had planned to erect four residential retirement bungalows on site, which were anticipated to sell for approximately £299,995.

We have been advised that the road and pavement is bonded under an existing road agreement, with Vale of Glamorgan council and will be completed to adoptable standard by the current vendor.

Furthermore, we have been advised that there is no requirement for affordable housing on this site.

Location
The site is located on the western edge of the Eglwys Brewis housing estate. Immediately adjacent to the access is a plot with planning permission for a large detached dwelling, with a number of other residential properties backing onto the site. To the west is former scrub land which has previously been used as allotments.

Planning Consent
Erection of eight dwellings - amendments to permission 2007/01643/FUL at vacant land, former allotments, Cedar Road, Eglwys Brewis.

Please Note: The plan highlighted in green is the parcel of land available.

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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Paul Fosh Auctions
01633 254044

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