fbpx
Register to bid in our upcoming National Property Auction here

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

Lot no: 124 Available
 

Guide Price £65,000+ 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 £1074, and completion must take place within 20 business days, unless the Special Conditions of Sale state otherwise.

Thursday 27th May 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
Add to favourites
Available

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.

Occupancy

It is understood the property is sold subject to tenancy in accordance with the special conditions of sale. Buyers are to rely on their own investigations.

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 Method:

The auction for this property will take place as an “Auction Event” behind closed doors with a live auctioneer and will be streamed online in real-time. The property will be sold alongside several other lots. Bids must be placed remotely- please see the below section on “Registration Process”.

The auction can be watched in real-time on the auction date on our home page: https://www.sdlauctions.co.uk/

The auction date applicable for the property is displayed on this page. It is not possible to provide a precise timeslot when this property will be auctioned on the day, because there are other lots being sold.

You are required to undertake identity checks before you can be authorised to bid. You must also provide your payment details. If you do not provide this information, your registration will not be processed.

When you place your bid, you are deemed to have agreed to SDL Property Auctions’ Buyers Terms (England & Wales).

Auction Type – Unconditional with Fixed Fee

If you are the highest bidder, you must exchange legally binding contracts for the sale when the auction for the property comes to an end. You must then pay the applicable fees and deposit. You must complete the sale within 20 business days unless the Special Conditions of Sale contained within the Legal Pack state otherwise.

Auction Fees

The following standard non-refundable fees apply:

  • Buyer’s Fee- payable on exchange of contracts. This is usually £1074 including VAT, subject to the Special Conditions of Sale. This fee does not contribute towards the purchase price of 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 Special Conditions carefully before bidding. Any additional fees are included at the seller’s discretion, not on the instruction of SDL Property Auctions, and will be in addition to any fees payable to us. SDL Property Auctions has limited control over the content of the Special Conditions of Sale.

Deposit

On exchange of contracts, you must pay a non-refundable deposit equal to 10% of the actual purchase price of the property, subject to a minimum of £5,000. The deposit contributes towards the purchase price.

Payment Method:

Applicable fees/deposit must be paid immediately after a winning bid has been placed. We do not accept payment by cash or cheque. Prior to the auction, we will email you to register your card details with our third-party provider, Stripe. Your card details will be stored on their secure online payment platform. Payment will only be taken from you in the event of a winning bid. In this case, you will be contacted by one of our representatives to make payment. If we cannot make contact with you within 24 hours after the auction ends, we reserve the right to charge your card if you do not respond to this email.

Legal Pack

Before bidding, you must view the legal pack for the property. This is the collection of legal documents that apply to the sale. The documents will include but are not limited to: Special Conditions of Sale, title documents from the Land Registry and Energy Performance Certificate.

The legal pack can be viewed on this page, under the sub-heading “Legal Packs”. Follow this link, and you will then be directed to create an account with Auction Passport to view the documents.

The legal pack can change at any time up until the auction starts so you must check for the most recent version of the legal pack. An addendum may be issued outlining any late changes. At the point of placing your bid, you are deemed to have read the legal pack in its entirety, including any changes. Failure to check for changes to the legal pack will not be a valid reason for withdrawing from the sale.

It is strongly recommended that you instruct a qualified professional to review the legal pack and raise any necessary enquiries before bidding.

Special Conditions of Sale

The property is sold subject to any Special Conditions of Sale. These are contractual conditions that are included by the seller of the property – they are not part of SDL Property Auctions’ terms and conditions. The Special Conditions of Sale are legally binding. You are taken to have read and accepted these at the point of bidding, even if you have not done so. The Special Conditions of Sale are available to read in the legal pack.

Energy Performance Certificate

The EPC for this property can be viewed in full at the top of this page or in the legal pack.

Registration Process:

T To register to bid on the property, you must submit your remote bid here: https://www.sdlauctions.co.uk/remote-telephone-proxy-bidding/. There is also a link to register on the property details page, where you will also be able to find the lot number for the property. Prospective buyers must register no later than 12pm the day before the auction date. If you register after the cut off, it cannot be guaranteed that your registration will be processed.

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.