Lot 16 - Cherry Meadow, Rosemary Lane, Stroat, Chepstow, Gwent, NP16 7LX

  • Unconditional Online Auction Sale
  • Guide Price* : £865,000+
  • Bedrooms: 5

Lot 16 - 5 bedroom Detached Residence with four stables with approx. 4.5 acres

Description

ONLINE AUCTION from 10th - 12th December 2024

Cherry Meadow is a unique opportunity to acquire a substantial five bedroom residence which includes 4 stables/garage and yard in approximately 4.5 acres. The property benefits from UPVC double glazing, and has oil fired heating and coal fire and offers huge potential. There is also a separate electric water tank heater and in one of the built in wardrobes in front bedroom with the sink.

The property would be ideal for those looking for a wonderful family home especially with an equestrian or agricultural interest. The building also offers scope to divide to provide an annex ideal for those with young adults or older parents ect.

Externally there is approx. 4.5 acres which comprises sizable gardens and patio areas and paddock, woodland and a detached stable (4 stables) with tack room which may also offer scope for future development such as a conversion to a holiday let or annex.

The property is nestled in an elevated position in a rural location but ideal for link roads to Chepstow with its wide range of amenities and shops and and is on the edge of the stunning Forest of Dean world renowned for it’s ancient woodland and outdoor pursuit opportunities. The property is within excellent commuting distance of the regional centres of Bristol (21 miles), Cardiff (35 miles) and Newport (22 miles) being just 3 miles from Junction 2 of the M48 Motorway (Chepstow Severn Bridge).

Video tour

Accommodation

Ground Floor: Entrance porch, utility, dining room, study, lounge, kitchen/breakfast room, conservatory & further lounge (possible bed 6).
First Floor: Landing , 2 bedrooms (one with dressing room and en suite) bedroom 3 & 4 with (ensuite access) bedroom 5, bathroom.
Outside: Approx 4.5 acres with 4 x stable blocks/ garage and wooded area known as the spinney and well planted gardens and patio areas. 2 of the stables are large and 2 others are average size.
Adjacent to one of the large stables is a tack room with a convenient slot for hay/straw. While the 2 large stables are empty, the other 2 currently contain some items.

Council Tax Band

F

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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