Lot 5 - Building Plot, Fflorens Road, Newbridge, Newport, Gwent, NP11 3DW
- Unconditional Online Auction Sale
- Guide Price* : £33,000+
- Bedrooms: 3
- Bathrooms: 1
- Reception Rooms: 1
LAND WITH OUTLINE PLANNING PERMISSION
Description
Situated on Fflorens Road in the popular residential area of Treowen, Newbridge, this parcel of land presents an excellent opportunity for developers, investors and those seeking a self-build project.
Outline planning permission has been approved under planning reference 22/0797/OUT for the erection of a detached, two-storey, three-bedroom house. The approved planning provides an exciting opportunity to create a new residential dwelling in an established and sought-after location, subject to the relevant reserved matters and any necessary consents.
Treowen is a popular residential village situated in an elevated position above the town of Newbridge in Caerphilly County Borough. The area is well known for its peaceful setting and panoramic views across the surrounding valleys, whilst remaining conveniently positioned for the amenities and facilities available within nearby Newbridge. These include a selection of shops, schools and local services.
The area also benefits from excellent transport connections. Newbridge railway station provides regular rail services towards Ebbw Vale to the north and Newport and Cardiff to the south, making the location particularly convenient for commuters. For those travelling by road, the nearby A467 provides access to the wider road network and connects to the M4 motorway at Junction 28.
An attractive opportunity to acquire a residential development site with outline planning permission already granted, offering potential for a well-positioned new-build home in an established residential setting.
Accommodation
Outline planning permission has been approved on reference 22/0797/OUT
Tenancy Details
To be sold with vacant possession
Tenure
Tenure is advised as Freehold
Auction Fees And Additional Costs
The purchaser will be charged a buyers premium of 1.20% of the sale price with a minimum fee of £1,195 inc. VAT
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. 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.
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