Lot 3 - 10A & 11 Osborne Road, Pontypool, Gwent, NP4 6NN
- Unconditional Online Auction Sale
- Guide Price* : £90,000+
- Bedrooms: 5
INVESTMENT/DEVELOPMENT OPPORTUNITY
Description
This deceptively large mid-terrace building offers a unique opportunity for investors and developers alike. Currently comprising a ground-floor office space and a generously sized double apartment on the first floor, the property also features a usable loft space complete with a Velux window.
Planning permission has been approved (22/P/0847/FUL) for the conversion of the building into 2 x two-bedroom apartments on the first floor and a studio apartment on the ground floor, presenting a fantastic development opportunity. Alternatively, the property may appeal to those considering a conversion into a House of Multiple Occupancy (drawings available), subject to obtaining the necessary planning consents.
Situated in the heart of Pontypool town centre, the building benefits from excellent access to local amenities, shops, schools, and transport links. With various car parks nearby, offering convenient parking solutions for both residents and visitors.
This property is an investment opportunity, offering great prospective for a range of uses. Whether you're looking to develop modern apartments, establish a business hub, or explore other possibilities, this property provides versatile potential.
Tenancy Details
To be sold with vacant possession
Tenure
Tenure is advised 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 £995 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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