Lot 28 - Land adjacent to, Pant-y-Fforest, Ebbw Vale, Gwent, NP23 5FR

  • Unconditional Online Auction Sale
  • Guide Price* : £780,000+

Development Opportunity

Description

ONLINE AUCTION from 20th OCTOBER

An opportunity to acquire a site measuring approximately 4 acres (1.7 hectare) with planning for development of 21 detached dwellings.

The site occupies an elevated position with wonderful views across the surrounding countryside and towards Ebbw Vale and is situated close to other executive properties and a development of bungalows.

The area benefits from an excellent range of amenities and shopping facilities, schools and access to the A470 Heads of the Valley link road to Merthyr Tydfil and Abergavenny.

The town of Ebbw Vale has enjoyed a good level of regeneration and development over the last few years, including re development of the the former steelworks site and prior to that The Festival Park shopping centre. There is also a direct rail line to Cardiff.

Planning:
Outline planning approval has been granted for the development of 21 dwellings
Please refer to local authority (Blaenau Gwent) and legal pack for further information.
Planning application number C/2009/0394

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 £750) 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.

* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation. 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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Office Contact

Sean Roper - sean@paulfoshauctions.com

Documents

Legal Documents

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