Residential properties for auction in Shirenewton, Monmouthshire

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 25th August 10.00-10.30
Saturday 1st September 10.00-10.30
Saturday 8th September 12.00-12.30

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 25 Aug 10:00-10:30
Sat 1 Sep 10:00-10:30
Sat 8 Sep 12:00-12:30

Residential

Mid terraced property two storey property having good transport links with easy access to the M4 and the SDR road.

NB Cheques will not be accepted on the night for payment of the deposit for this property. We will require cleared funds on the night. Please call us on 01633 212555 for further information.

Tenure
See Legal Pack

Ground Floor
Entrance hall, ground floor wc, kitchen/breakfast room and lounge.

First Floor
Three bedrooms and shower room.

Outside
Enclosed rear mainly laid to lawn with paved area. Driveway to front.

Viewing Schedule
Tuesday 21st August 16.00-16.30
Tuesday 28th August 16.00-16.30
Tuesday 4th September 16.00-16.30
Tuesday 11th September 16.00-16.30

Energy Efficiency Rating (EPC)
Current Rating C 71

Local Authority
Newport City Council

Solicitors
Ascent Legal, 20th Floor, City Tower, Piccadily Plaza, Manchester, M1 4BT

Additional Fees
Buyer's Premium - £1140 inc VAT payable on exchange of contracts.
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
Tue 21 Aug 16:00-16:30
Tue 28 Aug 16:00-16:30
Tue 4 Sep 16:00-16:30
Tue 11 Sep 16:00-16:30

** UNSOLD, PLEASE REFER TO AUCTIONEER **

This is a substantial property arranged over 3 floors and with extensive cellars. Once part of Colne Mill the property boasts an impressive history. Now in need of updating and modernisation this is a fantastic opportunity to acquire a fine family home set in just over 3 acres.

Tenure

Freehold

Key Points

• Substantial detached Grade II Listed Property
• 2 receptions rooms & kitchen/breakfast room
• 4 double bedrooms & 2 bathrooms
• Extensive cellars
• Lapsed planning permission for large rear extension
• Detached 2 bedroom annex
• Set in approximately 3 acres of mixed woodland and lawn
• Ideally positioned for the village of Alvington
• Town of Lydney approx. 4 miles
• Cities of Bristol 25 miles and Gloucester 24 miles.

Viewings

By appointment

Partner Agents

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

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

John W Davies, 1b Beaufort Park Way, Monmouthshire, Chepstow, NP16 5UH, Ref: Natalie Summers, Tel: 01291 639529

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.

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
• For Sale By Online Auction: 22nd – 23rd August 2018
• 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).

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** Unsold, please refer to Auctioneer **


Retail Unit with Upper Floor Accommodation
The property is situated on Chepstow Road within the
Maindee area of Newport to the south of Newport city
centre.

The property occupies a prominent position within the
main retailing area.

Tenure
See Legal Pack

Description
The property comprises an end of terrace retail unit with upper floor accommodation.
The ground floor is open plan with a mix of laminate, carpet and vinyl floor coverings with a suspended ceiling with inset lighting with a return frontage to Chepstow Road.
The upper floor accommodation can be accessed by an internal wooden staircase from the ground floor and a self-contained entrance which runs between the subject and the neighbouring property the alleyway leads to the rear of the property where there is are external steel gantry stairs to the first floor.
The first and second floors are currently offices and stores with the potential, subject to the relevant planning permissions to convert, to convert to residential.

Accommodation
The property has been measured on an Net Internal Area basis in accordance with the RICS Code of Measuring Practice (6th edition).
Ground Floor Retail: 47.8 sq m 515 sq ft
First Floor Offices: 35.8 sq m 385 sq ft
Second Floor Stores: 44.6 sq m 481 sq ft

Business Rates
The rateable value of the property is £7,400 p.a.
The UBR (Wales) for 2018/2019 is 0.514 p in the £1.00.
There are small business rate relief schemes in place through Welsh Government, please make your own enquiries.

Local Authority
Newport City Council

Solicitors
Jacklyn Dawson, Equity Chambers, Newport, NP20 1PW, Ref: David Smith, Tel: 01633 265972

Additional Fees
Buyer's Premium - £1200 inc VAT payable on exchange of contracts.
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.

** 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.