Land for sale in Bryn Teg Place, Pontypool NP4

Offers over £400,000
Land for sale
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Property description

A well located parcel of land extending to 1.942 hectares with 0.405 hectares (4047m2) hatched in red, identifying a potential small scale housing development site.

Description

A well located parcel of land extending to 1.942 hectares with 0.405 hectares (4047m2) hatched in red, identifying a potential small scale housing development site. The site is situated to the north of existing residential village, Little Mill. The remaining 1.537 hectares has potential for future development.

Situation

The site is accessed directly via Ty Gwyn Road and is currently pasture land. The site is designated as a potential extension to the main village and also falls within the designation of a Special Landscape Area.

Planning

Planning permission has not yet been granted. The land hatched in red has been allocated as a small scale housing development within the main village of Little Mill as set out in the Monmouth County Council Local Plan. The primary purpose of these allocations is to provide affordable housing in the locality and consequently of the maximum number of dwellings being 15 units, 60% of these must be affordable. This is set out in policy S4.

Tenure

The land is to be sold freehold with vacant possession. The land outside of the designated development will be offered subject a 50% Development Uplift Clause. Whereby if planning permission is granted for development of the remaining land then 50% of the increase in market value will be payable to the vendor for a period of 20 years from the completion date.

Uplift

The property is sold subject to a 50% uplift payment for the increase in market value after planning permission has been granted.

Rights Of Way

The land is subject to overhead cables and electric poles and a pumped sewer and water main follows Ty Draw Lane.

Local Authority

Monmouth County Council

Viewing

At any reasonable daylight hour with a set of sales particulars and with the usual courtesy shown to the occupier. Please notify the Agents that you will be viewing: David James & Partners Ltd. Tel:

Date Prepared: October 2017

Property info

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For more information about this property, please contact
DJP Newland Rennie, GL12 on +44 1453 571792 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by DJP Newland Rennie, and do not constitute property particulars. Please contact DJP Newland Rennie for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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