A Two Bedroom Sem-Detached House in Need of Full Modernisation with Permission Granted for Side and Rear Extension to Create a Three Bedroom House
32, Llanhilleth, NP13 2JP
- 13
Key features
Guide Price: *
£55,000
Fees apply
Buyer's fee:£2,400
Admin fee:£3,600
All fees include VAT at 20%
Holding Deposit: *£2,600
*Only charged if you are the successful buyer and goes towards the purchase price
Auction Type:
Traditional
Sold for:
£46,000Bid history
1 bidC
08/09/2023 12:09:33 - £46,000
Guide Price £45,000 to £55,000
Available to purchase via Online Auction, a Semi-Detached house in need of complete renovation that offers excellent opportunity for development and modernisation. The property is situated in a private and quiet location with only a few neighbouring properties.
Full planning is in place for a two-storey side extension to create an open plan lounge/kitchen/diner with a utility room and downstairs toilet, including, three bedrooms and a bathroom to the first floor.
A recommended local tradesman has quoted circa £50,000 for the works to include groundworks, extension, external and internal finish and also includes kitchen, bathroom, plumbing and electrics, new windows and doors.
The property is improved by an additional title of land being sold, as seen to the right of the existing structure in the photos. Although the additional title of land is included in the sale, it is not part of the approved planning. This is to the right of the first title and gives a total road frontage of 20M. An architect's drawing shows the possibility subject to approved Planning Permission to fit two total dwellings on the entirety of the site.
Further details of all aspects mentioned above are outlined in the legal pack provided.
Llanhilleth offers local amenities, with the nearby town of Abertillery offering a more extensive selection of facilities. Llanhilleth village also boasts fabulous views over the surrounding mountains and within walking distance to the train station with gives direct access to Cardiff city centre and road links via the A467.
UNCONDITIONAL LOT Buyers Premium applies on the fall of the hammer, the Purchaser shall pay: A 5% deposit is required by 12pm midday on the following working day after the auction. The auction conditions require a full legal completion to take place within 28 days from exchange (unless otherwise stated) or at a date to suit by mutual consent of both parties, with the property being registered in the new buyers name on completion, or within a reasonable timeframe. The winning buyer will be charged a sum of £5,000 online. From this, a buyers fee of £2,400 (including VAT) is retained by Country Property Auctions Limited as a contribution towards online platform costs and £2,600 is payable towards the purchase price. An auction fee of 2.4% (including VAT) less the £2,400 already paid (subject to a minimum of £6,000 (incl. VAT) in total will be payable by the winning buyer by 12pm the next working day after the auction, Country Property Auctions Limited will invoice the buyer for this amount separately. Exchange will occur online, immediately when the timer reaches zero (provided the reserve has been met). The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot.
Summary
- Auction end
- 8th Sep at 13:00
- Property type
- Residential
- Tenure
- Freehold
- Bedrooms
- 2
- Bathrooms
- -
- Council tax band
- A
Summary
- Auction end
- 8th Sep at 13:00
- Property type
- Residential
- Tenure
- Freehold
- Bedrooms
- 2
- Bathrooms
- -
- Council tax band
- A
This property is being sold by:
Country Property Auctions
0333 242 0834
8 Thorpe Road, Norwich NR1 1RY
†Traditional auction
Exchange occurs at the end of the auction. This means that if the reserve is met or exceeded and the auction timer reaches zero, the successful bidder is legally obliged to pay the purchase price and the seller will be legally obliged to sell the property. To ensure that the successful bidder proceeds, the buyer is automatically charged a holding deposit, which is held in a secure client account, pursuant to the terms of a holding deposit agreement.
* Pricing Information
The Guide Price amount specified is an indication of each seller's minimum expectation. It is not necessarily the amount at which the property will sell. Each property will be offered subject to a Reserve (a figure below which the property will not be sold) which we expect will be set no more than 10% above the Guide Price amount.
Bamboo Auctions and Country Property Auctions shall not be liable for any inaccuracies in the fees stated on this description page, in the bidding confirmation pop up or in the particulars. Buyers should check the contents of the legal pack and special conditions for accurate information on fees. Where there is a conflict between the fees stated in the particulars, the bid information box above or the bidding confirmation pop up and the contents of the legal pack, the contents of the legal pack shall prevail.
Stamp Duty Land Tax or Land and Buildings Transaction Tax may also apply in some circumstances.
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Disclaimer
All information relating to this property, including descriptions, pictures and other related information has been provided by Country Property Auctions. All legal documents in relation to this property have been provided by the Vendor's solicitor. Neither Bamboo Auctions or any individual in employment with Bamboo Auctions makes any warranty as to the accuracy or completeness of any of the property information.
These particulars do not form part of any contract or offer. Buyers should not rely on them as statements of representation and should check that the information is correct by inspection or otherwise. Where there is a conflict between the contents of the legal documents and these particulars, the information contained in the legal documents shall prevail.
