Land
*Investment Opportunity* A freehold plot of land extending circa 7,000sqft in Merthyr Tydfil. Sold with planning permission for a four bedroom, detached house.
A wonderful opportunity to purchase a substantial plot of land with planning permission in place for a four bedroom, detached house. The plot is situated within the Brecon Beacons National Park and is surrounded stunning views including those of the Brecon Mountain Steam Trains and of Pen y Fan. The village of Pontsticill is within walking distance from the property and offers two country pubs, amongst other local amenities. The larger town of Merthyr Tydfil is just a few miles away.
The plots have a newly constructed public sewer access done by Welsh water to serve them both.
ACCOMMODATION:
Circa 0.16 Acres / 647.5 Square Metres / 6,969.6 Square Feet.
Planning Ref 22/21230/Ful.
The land registry states the address as Nefoedd, Dan Y Coed, Pontsticill, Merthyr Tydfil (CF48 2UA).
These sales details are awaiting vendor approval.
Freehold. Vacant possession upon completion.
Auction Details
The sale of this property will take place on the stated date by way of Timed Auction and is being sold under an Unconditional sale type.
Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to SDL Property Auctions Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.
Auction Deposit and Fees
The following deposits and non- refundable auctioneers fees apply:
• 5% deposit (subject to a minimum of £5,000)
• Buyers Fee of 4.8% of the purchase price (subject to a minimum of £6,000 inc. VAT).
The Buyers Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.
There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.
Additional Information
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page.
This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).
Guide Price & Reserve Price
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.
