Lot 18 - Land off, Chestnut Close, Machen, Caerphilly, Mid Glamorgan, CF83 8LF

  • Unconditional Online Auction Sale
  • Guide Price* : £230,000 +

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Development Opportunity

Description

ONLINE AUCTION from 7th DECEMBER-9th DECEMBER

An opportunity to acquire a relatively flat area of land measuring approximately 1.8 acres. This site previously had planning for the development of several houses but has since lapsed.

The land is situated in a highly sought after area of Machen and is close to all local amenities.

Machen is approximately 3 miles from the Town of Caerphilly and within 10 miles of Newport City Centre, both offering a wide range of amenities, supermarkets and restaurants.

Planning The site has previously had planning for several properties which expired in 2018. The planning permission has now lapsed however it is believed that a new planning application would be approved subject to an acceptable proposal.

VIRTUAL TOUR

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. 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.

Bidding not yet open
Minimum Opening Bid

£207,000


Bidding Opens On
7th Dec 2021 12:00
Scheduled End Date

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Office Contact

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Paul Fosh Auctions
01633 254044

Documents

Legal Documents

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Virtual Tour

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