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Residential properties for auction in Cwmcarvan, Monmouthshire

Create Alert 5 results Sorry, we currently do not have any listings in 0 miles of Cwmcarvan, Monmouthshire - Please find below the nearest listings available.
New
Residential

A spacious four bedroom property set over two floors.

Located near to Cwmbran Town Centre.

Tenure
See Legal Pack

First Floor
Entrance hallway, two reception rooms, kitchen/dining room and wc.

Second Floor
Reception room, three bedrooms and shower room.

Viewing Schedule
Saturday 13th October 09.30-10.00
Saturday 20th October 09.00-09.30

Local Authority
Torfaen County Borough Council

Solicitors
Hek Jones, 104 Whitchurch Road, Cardiff, CF14 3LY, Ref: Alex Oakley, Tel: 02920349820

Additional Fees
Buyer's Premium - £2200 inc VAT payable on exchange of contracts.

Administration Charge - £900 inc VAT payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Viewing Times
Sat 13 Oct 09:30-10:00
Sat 20 Oct 09:00-09:30
5a, Richmond Road, Cwmbran, NP44 1EG
A spacious four bedroom property set over two floors.
Type: House, Residential
Location: 5a Richmond Road, NP44 1EG
Images: 12
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** THIS PROPERTY IS STILL AVAILABLE - PLEASE REFER TO AUCTIONEER **

Features
Arranged over four floors
Former building society at ground floor
First and second floor offices
Potential net initial yield of 10.75%
Nearby occupiers: Barclays, Joules & HSBC
Planning permission submitted to convert upper floors into residential
Planning reference application: DM/2018/00386
Freehold with vacant possession

Location
This property is located on Agincourt Square, within the heart of Monmouth, Gwent. The property is situated close by to a range of both national and international retailers including; Barclays Bank, Joules and HSBC.

Monmouth is situated approximately 40 miles northeast of Cardiff and 90 miles southwest of Coventry. There is good road access via A449, M4 and M5.

Gwent is a county borough in Wales, bordering the areas of Monmouthshire and Torfaen to the east, Caerphilly to the west and Powys to the north.

Description
• For Sale By Online Auction - TBC
Guide Price: £365,000+
• Vacant freehold Investment Property
• Ground floor retail – no empty business rates payable
• Planning to convert upper floors to residential – planning reference DM/2018/00387
• Potential income of £40,800 pa – 10.75% based on guide price

A terraced property arranged over four floors. The property is entered at ground floor and was previously used as a Building Society. The Building Society includes hardwood counters and is fully alarmed. There is a court yard to the rear, a kitchen and additional storage rooms.

The first and second floors are accessed via the ground floor, by way of separate entrance. The first and second floors are currently set out as offices, however, the vendor has applied for planning permission to convert the upper floors to a three bedroom duplex apartment.

Externally, the property is rendered with wooden sash windows, under a pitched and tiled roof.

Services
We understand the property has mains electricity, water and drainage. However, interested parties should carry out their own investigations.

Tenure
Freehold

Investment Analysis
This property is offered with vacant possession to all four floors. We consider the ground floor retail unit, once let, will achieve a rental income in the region of £2,000 pcm. Assuming the upper floors were to remain as offices, we consider the achievable rental income to be in the region of £1,400 pcm (£40,800 per annum), reflecting a net initial yield in the region of 10.75% based on the guide price.

However, planning permission has been granted to convert the upper floors in to a large three bedroom flat, which we envisage could sell for around £250,000, if renovated to a good standard.

Guide Price
£365,000+

Buyer’s Premium
2% (min. £3,600) inc. VAT.

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16, Agincourt Square, Monmouth, NP25 3DY
Grade II Listed Freehold Property – Vacant Planning to Convert Upper Floors to Residential Ground Floor Retail – No Empty Business...
Type: Offices, General Retail, Mixed Use, Residential, Retail, Other Property Types & Opportunities
Location: 16 Agincourt Square, NP25 3DY
Images: 7
Brochures: 1
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** UNSOLD, PLEASE CONTACT AUCTIONEER FOR MORE DETAILS **

Features
Freehold Residential Development Site
Subject to planning offers considered
Planning permission granted 09/02/2018
Planning Reference 17/P/0772/FUL for 3 x houses
2 x three-bedroom semi-detached properties
1 x three-bedroom detached property
Planning Reference 18/P/0436/FUL for 8 x flats
Conversion of large detached property
8 x Flats (STP)

Location
The plot of land is located on the High Street just off the A4O43 Cwmavon road. Nearby amenities, all within walking distance of the land, include; Abersychan Post Office, One Stop Supermarket, Chip & Fin Take-away and Petals Florist’s.
Abersychan is a town to the north of Pontypool in Torfaen, Wales and lies between the county’s of Monmouthshire and Gwent. There are two schools within the town; Abersychan Comprehensive School and Victoria Primary School.
The town is approximately 25 miles north of Cardiff, which is approximately 1 ½ hours. Good road links are provided by the B4246, A4043 and the A472.

Description
• Guide Price: £100,000 – £110,000+
• Freehold Development Land
• Full Planning Permission for x 3 Houses
• Planning Reference 17/P/0772/FUL
• 8 Self – Contained Flats Subject to Planning
• Planning Reference 18/P/0436/FUL
• Large Detached Property

This sale includes a plot of freehold development land, with planning permission. The land is hard surfaced and sloping.
The development land has full planning permission for two three bedroom semi-detached dwellings and one three bedroom detached dwelling.
A planning application has recently been submitted for conversion of the large fire damaged building into 8 self-contained flats.

Planning
Planning was granted on 9th February 2018 for demolition of an existing garage to build a pair of three-bedroom semi-detached dwellings and one three bed detached dwelling. Planning Reference 17/P/0772/FUL.

A planning application has been submitted for conversion of the fire damaged building into eight flats. Planning Reference 18/P/0436/FUL.

Services
We understand there will be connections to mains electricity, water and drainage. Interested parties are advised to carry out own enquiries.

Tenure
Freehold

Guide Price
£100,000 – £110,000+

Buyer’s Premium
2% (min. £3,600 inc. VAT).

Sell Your Property
If you are thinking of selling your property, contact us now for a free appraisal and benefit from:
• 0% Seller Fee
• £0 Entry Fee
• £0 Marketing Costs
• 20 Working Day Completion
• Monthly auctions
145, High Street, Pontypool, NP4 7AB
Residential Development Opportunity – Planning Permission for Three Houses – Planning to be Submitted for 8 Flats
Type: Residential Land, Land, Office, Residential, Commercial Land, Offices
Location: 145 High Street, Pontypool, NP4 7AB
Images: 1
Brochures: 1
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New
Residential Development Opportunity

A residential conversion and development opportunity of existing buildings to provide a five bed home, a three bedroom townhouse and planning to construct a 2 bed flat over garages in the heart of Abergavenny.

The properties are located on the edge of Abergavenny town centre and is bounded by Park Crescent, Pen-Y-Pound and Old Hereford Road.

The site lies closely to the A40 which is the main route into Cardiff, Bristol and London. Additionally, the properties are a ten minute drive from Abergavenny Train Station, which provides a regular service to Hereford and Newport which are on the Inter-city rail network.

Tenure

See Legal Pack

Description

The main property constructed in the late 18th Century is arranged over lower ground, ground, first and second floor levels. The property is Grade II listed and is a mid-terrace and end of terrace which is a former chapel.

The main house has private parking at the rear of the property accessed off Park Crescent and has a private rear garden, and a stunning entrance with gates over the brook to the front.

The end of terrace chapel currently has a garage fronting Pen-y-Pound which has planning to convert to a car port. There is a private courtyard area to the front of the property and rear lawned garden.

Accommodation

Main House

Lower Ground Floor

Family room, study, laundry room and kitchen/dining room.

Ground Floor

Living room, stunning large entrance hall, wc, office and dining room.

First Floor

Three double bedrooms, one with en-suite and family bathroom.

Second Floor

Two double bedrooms, one with a dressing room and a family bathroom.

The Chapel

Lower Ground Floor

Kitchen, utility room, wc and boot room.

Ground Floor

In the former chapel area; living room and dining room. Wc and a study to the remainder.

First Floor

Three double bedrooms, en-suite and a family bathroom.

Development Potential
There is planning in place to construct a two bedroom flat over garages and a garage and store.

Planning
Approval of Planning Permission was granted on the 19th March 2017, reference, DC/2014/01015, details of which are within the legal pack and available online at www.monmouthshire.gov.uk/planning

Viewing Schedule
Viewing by appointment.

Local Authority
Monmouthshire County Council

Solicitors
Harding Evans, Queens Chambers, 2 North Street, Newport, South Wales, NP20 1TE, Tel: 01633 244233

Additional Fees
Administration Charge - 0.25% inc VAT of the purchase price, subject to a minimum of £594 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Viewing Times
Please call Auction House South Wales on 02920 475 184 to arrange a viewing
Main House & Chapel, Mulberry House, Pen Y Pound, Abergavenny, NP7 5UD
Residential Development Opportunity
Type: House, Residential
Location: Main House & Chapel, Mulberry House Pen Y Pound, Abergavenny, NP7 5UD
Images: 18
Brochures: 1
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** UNSOLD, PLEASE REFER TO AUCTIONEER **

This is a substantial and imposing Grade II Listed town house arranged as 8 self-contained 1 bedroom flats. The original building is believed to date from the late 18th century with a later 2 storey rear extension making it roughly T shaped. The flats are all approached from the rear with external staircases providing access to the upper floors. With all flats currently let this is a well established high income producing investment with the current rent at circa £40,000 per annum. Most of the tenants have been in in occupation for several years although the flats are now at a point where they would benefit from modernisation and improvement. With potential to increase rents once modernised or to break up an sell as well as further development possibilities the property is sure to be of interest to investors and developers.

Tenure

Freehold

Situation

Coleford is a small market town in the west of the Forest of Dean, close to the Wye Valley. Situated close to the Town Clock the property enjoys ease access to the local shopping and leisure facilities that such a central positions affords.

Accommodation

The property comprises 8 self-contained 1 bedroom flats with potential to turn some of them in to 2 beds. With several of the tenants having been in the property for a number of years this is a well established investment although it would benefit from modernisation. There is a large mostly unused cellar and large rear garden which both offer some development potential subject to the necessary consents.

Possession

The property is sold subject to the existing periodic assured shorthold tenancies. We understand most of the rents are paid weekly with some of the tenants in receipt of housing allowance. The Forest of Dean Local Housing Allowance for 1 beds is £92.05 per week and for 2 beds is £122.36 per week.

Partner Agent

KJT Residential Lydney, 43 Newerne Street, Lydney, Gloucestershire GL15 5RA
E: lydney@kjtoombs.co.uk W: kjtoombs.co.uk/
T: 01594 844444

Viewing
By appointment

Please note the auctioneers have made their best endeavours to disclose all additional fees. Interested parties should refer to the special conditions of sale contained in the Legal Pack for any late amendments or additions to these fees as well as the auction day addendum sheet prior to bidding.

Search Pack Fee

£360 inc VAT payable upon the fall of the gavel/exchange of contracts.

Legal Pack

A full auction legal pack can be downloaded from www.auctionhousebristol.co.uk once available. For further information on the other lots in this auction please visit the website.

Do you need finance?

In most cases there is a lender for nearly every property. We work with several independent brokers and lenders who are specialists in funding properties that are sold at auction. Let us have your details and we will put you in touch with the right people.

Need to get the auction pack reviewed?

AH Legals work with a number of solicitors who will review the legal pack for you. Get in touch to find our more.

Local Authority

Forest of Dean District Council

Solicitors

Pitman Blackstock White Solicitors, 6 Hill Street, Forest of Dean, Gloucestershire, Lydney, GL15 5HE, Ref: Ross White, Tel: 01594842475

Additional Fees

Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £900 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Caragh House, Newland Street, Coleford, GL16 8AH
High yielding investment property producing circa £40,000pa
Type: Residential, Flat, House
Location: Caragh House Newland Street, Coleford, GL16 8AH
Images: 10
Brochures: 1
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