Land For Sale £42,000
Planning consent has been granted for the redevelopment of a former garage into a detached, two storey residential dwelling reference Monmouthshire County Council Planning Application No. DC/2016/01203 and DM/2023/00425 in addition to Building Control Reference No. BN/2022/00722 (commenced on the 20/12/2022)
SITUATION
Ideally located in an established residential neighbourhood within half a mile of the town's High Street the site enjoys a prime setting within easy access of doctors' and dentist surgeries, Linda Vista Gardens, the cricket ground, tennis and bowls clubs, as well as many country walks including one of the area's most famous peaks, Sugar Loaf Mountain. Just a stone's throw away are all the services and amenities one would expect of a thriving town centre.
ONLINE AUCTION
This development opportunity is for sale by the Modern Method of Auction. Should you view, offer, or bid on the property your information will be shared with the Auctioneer, iamsold Limited. This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyer. This additional time allows buyers to proceed with mortgage finance. The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded. This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300 including VAT towards the preparation cost of the pack, where it has been provided by iamsold. The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change. The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services, and you should always consider your options before services are accepted. Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.
GENERAL
Tenure - We are informed the property is FREEHOLD Intending purchasers should make their own enquiries via their solicitors.Services - Mains water.Council Tax - Yet to be set (Monmouthshire County Council)Viewing Strictly by appointment with the AgentsTaylor & Co: 01873 [use Contact Agent Button]
Council Tax Band: Exempt - Building plot
Tenure: Freehold
