Lot 29 - Building Plot, 2 Tregarn Road, Newport, NP18 2JS

  • Unconditional Online Auction Sale
  • Guide Price* : £215,000+
  • Bedrooms: 0

Development Opportunity

Description

ONLINE AUCTION from 7th SEPTEMBER-9th SEPTEMBER

A rare opportunity to acquire a development site situated in a most sought after road in Langstone village, with its excellent commuter links, being just over a mile from Newport and the M4 with its connections to Cardiff (approximately 19 miles) and Bristol (approximately 27 miles). Close by are the Celtic Manor Hotel and golf course and Wentwood forest trail, the largest area of ancient woodland in Wales.

Planning:

Outline planning has been granted for an apartment block of six spacious 2 bedroom apartments with parking and communal gardens. However, given the salubrious property types in the area the site could also lend itself to a large individual house (subject to the necessary planning consents).

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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As a trusted partner of Paul Fosh Auctions, Together could offer the auction finance you need, when you need it. Visit togethermoney.com for more information.

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