William Street, Cwm, Ebbw Vale, Blaenau Gwent, NP23

For sale via auction - fees, terms and conditions apply.

An exciting opportunity to acquire a development plot offering excellent potential for a range of residential schemes.
The site extends to approximately 900m² and benefits from planning permission for the construction of two three-bedroom dormer bungalows, providing an attractive opportunity for developers, builders or investors.
There is also potential to explore an alternative scheme comprising four four-bedroom townhouses, subject to obtaining the necessary planning permission and consents.
Situated within a well-established residential area, the plot is conveniently positioned for access to local amenities, schools and transport links, while offering the opportunity to create a desirable residential development.
The site also benefits from services being readily available on site, providing added convenience for any future residential development.
With planning already secured for two substantial dormer bungalows and scope to investigate a higher density alternative development, the site presents a versatile opportunity for both smaller-scale builders and experienced developers.

Please note we have not inspected this property.

Location

Situated within a well-established residential area, the plot is conveniently positioned for access to local amenities, schools and transport links, while offering the opportunity to create a desirable residential development.

Site details

The site extends to approximately 900m² and benefits from planning permission for the construction of two three-bedroom dormer bungalows, providing an attractive opportunity for developers, builders or investors.

There is also potential to explore an alternative scheme comprising four four-bedroom townhouses, subject to obtaining the necessary planning permission and consents.

Tenure

Freehold, title number CYM865373.

Additional Information

For further information please contact our office directly on , or alternatively via email on . With regards to viewing subject property, this is to be done strictly by appointment.

Auctioneers Additional Comments

Pattinson Auction are referred to as The Auctioneer. This auction lot is being sold by either conditional (Modern) or unconditional (Traditional) auction terms and overseen by The Auctioneer. The method of auction sale and the applicable terms and conditions are found on the lot page of this property on The Auctioneers website. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details to be shared between any marketing agent and The Auctioneer so that matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid, all bidders must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.

Auctioneers Additional Comments

The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and The Auctioneer and will typically be within a range above or below 10% of the Guide Price or Starting Bid. These prices are subject to change. An auction can be closed at any time, with The Auctioneer permitting the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this property is available to view upon request and contains details relevant to the legal documentation, enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments

In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and The Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.