Lot 15 - 32 Llanthewy Road, Newport, NP20 4LD

  • Unconditional Online Auction Sale
  • Guide Price* : £269,000 +
  • Bedrooms: 5

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Development Opportunity

Description

A rare development opportunity located in a sought after residential location within walking distance to Newport city centre and train station. This deceptively spacious property is set over four stories and measures approximately 3,700 Sq ft. The building was previously used as a care home but may suit owner occupiers looking to convert into a large family residence.

Conditional planning permission has been granted for conversion to 4 apartments but the building may suit a number of other suggested uses or additional flats (subject to the necessary planning permissions). There are a number of amenities nearby and excellent road links to the nearby M4 motorway at Junctions 26 and 27.

Planning Permission
Planning permission was granted with conditions on application number 17/0792 .

Accommodation

Ground Floor: Entrance porch, hallway, 3 reception rooms, shower room, kitchen, bedroom with en-suite, store room/utility room
Lower GF: Separate entrance, hallway, 4 reception rooms, kitchen, bathroom, conservatory,
First Floor: Hallway, 5 rooms (2 with en-suite), store room, bathroom with separate wc
Second Floor: Landing 4 rooms, kitchen

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 £975) 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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