Waiting for video...
ONLINE AUCTION from 8th NOVEMBER-10th NOVEMBER
Remaining area of Land with overage provisions to 52 plots. The site sits on part of a former housing estate and has lapsed planning permission for residential development. The site was divided into 52 plots which have now been sold to include a 50% uplift upon planning permission being granted. This entitles the buyer to a 50% uplift should planning permission be granted in the future
The village of Ferndale benefits from an excellent range of local amenities, shops and schools at both primary and senior level. There are good road links to Pontypridd and the A470 to Cardiff and the M4.
Outline Planning: Outline planning permission was granted for a residential estate on Ref: 05/1769/13 but has since lapsed. Outline planning permission was also granted to build in stages on Ref: 05/1088 but has since lapsed.
To be sold with vacant possession
Advised Freehold - to be verified by solicitor
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.
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.
By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.