Lot 55 - The Old Gaol, Gaol Road, Montgomery, Powys, SY15 6QR

  • Unconditional Online Auction Sale
  • Guide Price* : £210,000 +
  • Bedrooms: 2

Former Historic Jail comprising 7 flats

Description

ONLINE AUCTION from 1st FEBRUARY-3rd FEBRUARY

An opportunity to acquire a substantial grade II listed building comprising seven flats. This wonderful period property dates back to 1832 and still retains many interesting features including the old cellblock wall. The building is approach via Gaol Road with the impressive arched grandiose gateway immediately in view, this being a separate property but retaining pedestrian access through the archway to the old gaol. Alternatively there is vehicle access to the right leading to a parking bay and gardens with scope for further parking bays if required.

The property was previously converted to flats by a housing association with a mix of one and two bed units and now offers scope for improvements and potential to reconfigure with either higher spec flats, Holiday accommodation or a large family dwelling (subject to necessary planning consents).

The picturesque historic market town of Montgomery is situated in the Welsh marches and the world renowned Offa’s Dyke passing just a mile away. The Town also benefits from a number of restaurants and pubs and shopping facilities and its stunning Georgian square with some wonderful architecture.

Accommodation

Ground Floor: Impressive communal entrance into hallway with
Flat 1: Entrance hall, lounge, inner hall, kitchen, bedroom, shower room
Flat 2: Entrance hall, lounge, bedroom, bathroom, Kitchen
Flat 3: Hallway, lounge kitchen, bedroom, bathroom
First Floor
Flat 4: Entrance hall, lounge, inner hall, shower room, kitchen, bedroom
Flat 5: Hallway, lounge, bedroom, kitchen, bathroom
Flat 6: Entrance hall, lounge, kitchen, bathroom, bedroom
Second Floor
Flat 7: Entrance hall, lounge, kitchen, bathroom, 2 bedroom

Outside: Approached via driveway to parking bay, gardens and grounds which encircle the building

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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Paul Fosh Auctions
01633 254044

Joint Agent

Hunters, 01597 825644
01597 825644

Office Contact

Sean Roper

Documents

Auction Finance

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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