Lot 18 - Lee Lane Cottage, Well Lane, Llanvair Discoed, Chepstow, Gwent, NP16 6RA

  • Unconditional Online Auction Sale
  • Guide Price* : £275,000+
  • Bedrooms: 8

Lot 18 - Unique Residential Opportunity

Description

ONLINE AUCTION from 1st OCTOBER-3rd OCTOBER

**VIEWINGS STRICTLY BY APPOINTMENT ONLY**

A substantial detached property situated in the highly sought after village of Llanfair Discoed. The property has been divided into three units with two being let and the main part of the property vacant.

The property offers scope for future improvement or potential to redevelop the whole site (subject to neccesary planning consents). The property benefits from wonderful garden area to front and sides with views of rolling countryside and there is a double garage and parking bay opposite.

VIRTUAL TOUR

Accommodation

No 1: Entrance hall, 3 reception rooms, kitchen area and former bathroom area, landing, 4 bedrooms
No 2: Entrance, lounge, kitchen,
First floor - 2 bedrooms, bathroom
No 3: Ground Floor - Entrance, lounge, kitchen, bathroom, 2 reception rooms, inner hall
Landing, 2 bedrooms
Outside: Extensive gardens to front and sides with views over rolling countryside and double garage and parking bay.

Council Tax Band

D

Tenancies

No 2 is let at £500
No 3 let at £650
Total annual income £13,800 p/a

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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