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ONLINE AUCTION from 31st JANUARY-2nd FEBRUARY
A cottage for renovation and extension with full planning in place for a two storey side extension to create an open plan lounge/kitchen/diner with the benefit of a utility room and downstairs toilet. To the first floor there would be three bedrooms and a bathroom.
An alternative design has been drawn up to create two, three bed houses using the additional title of land being sold with the property, giving the site an overall frontage of 20M. Further details will be available within the legal pack.
The property is situated in a private and quiet location with only a few neighbouring properties. Llanhilleth offers local amenities, with the nearby town of Abertillery offering a more extensive selection of facilities. Llanhilleth also benefits from a train station with links to Cardiff city centre.
Typically three bed semi detached properties in the area can acheive in the region of £750-£800 per calnder month if done to a good standard.
Planning Permission:
There is planning permission for a side and rear extension which would convert the property to a three bedroom house.
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.
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