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The Old Sawmills, Chapel Street, Llanidloes, Powys SY18 6AD

Lot no: 9A Postponed
 

Guide Price £75,000+ plus fees

Unconditional with Fixed FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts and pay a 10% deposit (subject to a minimum of £5,000), along with a non-refundable Buyer’s Fee. The Buyer’s Fee is £1500, and completion must take place within 30 days, unless the Special Conditions of Sale state otherwise.

Wednesday 25th April 2018

1.00pm
Key Features
A fabulous opportunity to purchase a stone built former sawmill originally constructed in the 1800's and benefitting from FULL PLANNING PERMISSION to convert the building into a contemporary three / four bedroom home.
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Postponed

Residential Development

Property Description:

Directly overlooking the River Severn and within easy reach of the Town Centre the property could make an excellent purchase either for an owner occupier looking for an exciting project to turn into a dream home or developer looking for their next undertaking.

Auctioneers Note

Full planning permission has been granted for the conversion of a two storey residential dwelling. Under current plans the layout would comprise a large open plan kitchen / lounge / diner, a master bedroom suite with en-suite, utility, pantry & W.C. To the first floor there would be three further bedrooms, one with en-suite and a study opening out into a terrace area. Externally there would be a detached garage, private parking, carport and terrace overlooking the River Severn.

Tenure:

Freehold. Vacant possession upon completion.


Auction Details:
The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee.

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 auctioneer’s fee apply:

• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of £1,500 inc. VAT

The Buyer’s 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
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.