Lot 50 - Land at, 12 Coedcae, Tirphil, Caerphilly, NP24 6HH

  • Unconditional Online Auction Sale
  • Guide Price* : £35,000
  • Bedrooms: 0

Addendum

Reduced reserve and guide

Lot 50 - Land with development potential

Description

ONLINE from 5th NOVEMBER - 7th NOVEMBER

Located in a picturesque setting with countryside views this large plot of approximately 7.1 acres, with access from the lane, includes lapsed planning for a three bedroom detached house overlapping the footprint of the previous end of terraced cottage (now demolished) and standing in approximately 1 acre. The plans included a low level garage and parking for two cars.  The vendor informs us that the foundations have been started and that the previous cottage had all utilities to the property.  An area has been cleared and a long driveway leading to the proposed new build house has been done (re-application will need to be made to the council for this development). The remainder of the sloping plot is mostly wooded shrubland with a small stream but given the land sits on the edge of a residential area there could be further scope to develop a multi-development site subject to the necessary planning consents. The property is to be sold with vacant possession.

Tir-Phil is a village in the community of New Tredegar in the Caerphilly county borough of south Wales. The village of Tir-Phil and New Tredegar itself are served by Tir-Phil railway station. The area sits between New Tredegar and Brithdir and has both Welsh and English schools in the area, two train stations and high street shopping at New Tredegar.

INVESTORS: If you are looking for assistance in tenant find and/or management packages, information on rental income/interest potential we have a Lettings Department that can help you. Please call us or email sarah@paulfoshlettings.com for invaluable advice.

Planning: Lapsed Planning permission was previously granted for a 3 Bedroom detached house with garage and parking (see plans).

Planning Ref: P/02/1357 22/5/03 via Caerphilly Council

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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