Property description

For sale by auction on Wednesday, 18 May 2022 at 12:00

Venue: Livestream

Development Opportunity

An opportunity to acquire a residential development site in a sought after Cul-De-Sac within the town benefiting from full planning consent for the construction of 2 x executive detached houses. The planning application can be viewed through the planning portal with ref No. 17/0047/10 on Rhondda Cynon Taf County Borough Council’s council.

The plots provide are in an elevated position with open aspect views over the valley. We are of the opinion that the site would provide a minimum gdv (Gross Development Value) in excess of £800,000 when built.

The town of Treorchy has a good range of shops, amenities, schools and a hospital with transport links to Pontypridd, Cardiff and the new Zip World attraction along with the Brecon Beacons National Park.

Viewings
Open to inspection.

Further Information
Auction House South Wales Additional Fees
Administration Charge - 1.2% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts.

Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each 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.

Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.