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Land at Trane Farm, Tonyrefail, Porth, CF39 8HN

Lot no: 146 Re-entry to a future auction
 

Guide Price £90,000 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.

Thursday 25th March 2021

10.00am
Key Features
  • Freehold allocated land with residential development potential (STP)
  • Approximately 8.83 acres (3.57 hectares).
  • Forms part of wider planning application for development of up to 600 residential dwellings and ancillary development (Ref: 12/0929/13).
  • Adjacent to numerous recently completed residential developments (including the new Parc Eirin).
  • EPC Rating: N/A
  • Excellent opportunity
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Re-entry to a future auction

Land

Property Description:

The site lies approximately one mile to the west of the town centre on the Gilfach Road (B4278).

The land comprises approximately 3.57 hectares (8.83 acres) of largely south-facing land including wooded areas and hedgerows.

The land is mostly within agricultural use on a site sloping North to South. Vehicular access to the site is via Trane Lane, directly from the B4278. The site is adjacent to numerous recent residential developments and close to the new Parc Eirin currently under construction by Pobl Living.

The site is allocated for residential development within Rhondda Cynon Taf’s Local Development Plan (2006-2021) and formed part of a larger application under planning reference 12/0929/13. We understand that the larger site benefitted from a resolution to grant subject to the signing of a S.106 agreement requiring a provision of 10% affordable housing, on site public open space, SSSI management and contributions toward highways.

Location:

Tonyrefail is a small town in Rhondda Cynon Taff with a population of 12,301 (2011 census) at the northern end of the Ely Valley, 6.4km (4 miles) north west of Llantrisant. The town links to the M4 motorway (Junction 34) five miles to the south east via the A4119.

Tonyrefail includes employment and education opportunities, as well as a range of local facilities including a local leisure centre and swimming pool. The nearest mainstream facilities are available at Talbot Green Shopping Park, approximately five miles to the south.

Situation and Description

The site lies approximately one mile to the west of the town centre on the Gilfach Road (B4278).

The land comprises approximately 3.57 hectares (8.83 acres) of largely south-facing land including wooded areas and hedgerows.

The land is mostly within agricultural use on a site sloping North to South. Vehicular access to the site is via Trane Lane, directly from the B4278. The site is adjacent to numerous recent residential developments and close to the new Parc Eirin currently under construction by Pobl Living.

The site is allocated for residential development within Rhondda Cynon Taf’s Local Development Plan (2006-2021) and formed part of a larger application under planning reference 12/0929/13. We understand that the larger site benefitted from a resolution to grant subject to the signing of a S.106 agreement requiring a provision of 10% affordable housing, on site public open space, SSSI management and contributions toward highways.

Tenure

The property is held freehold under title numbers CYM440303 & CYM440304. The title includes a small cottage in the north east part of the site, held on a 999 year lease.

Services

Services are believed to be available within the vicinity of the site; however, interested parties should independently satisfy themselves as to the availability and suitability of any services for their specific requirement.

Value Added Tax

We are advised that VAT will not be chargeable on this transaction.

Viewings

The site is open for viewings and accessed directly from Gilfach Road.

Rights of Way, Wayleaves, Easements, Restrictive Covenants Etc.

The site is sold subject to or with the benefit of any Rights of Way, Wayleaves, Easements, Restrictive Covenants, which may exist whether mentioned in these particulars or not. For further information in relation to these matters please refer to the legal pack.

Tenure:

Freehold.


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.