Guide price
£150,000
studio residential (land)

Clos Coed Derw, Penygroes, Llanelli

  • Added today

About the property

Key Features

  • Sale by Modern Auction (T&Cs apply)
  • Subject to an undisclosed Reserve Price
  • Buyers fees apply
  • Approximately 0.5 Acres
  • Ideal Location
  • Great Potential
  • Land with Full Planning for Additional Dwelling (PL/08499)
  • Mains Gas Gas, Water, Drainage Connections plus BT and Electric underground ducting laid

Council Tax Band: Contact branch

Tenure: Freehold

Occupying an impressive plot of approximately 0.5 acres, this prime parcel of land presents an exciting opportunity for developers, investors, or self-build enthusiasts. Benefiting from convenient access arrangements and enjoying excellent connectivity.


SUMMARY
Occupying an impressive plot of approximately 0.5 acres, this prime parcel of land presents an exciting opportunity for developers, investors, or self-build enthusiasts. Benefiting from convenient access arrangements and enjoying excellent connectivity.


DESCRIPTION
Occupying an impressive plot of approximately 0.5 acres, this prime parcel of land presents an exciting opportunity for developers, investors, or self-build enthusiasts. Benefiting from convenient access arrangements and enjoying excellent connectivity, the site is ideally positioned with easy links to the M4 corridor, making it highly accessible for commuters and future occupants alike. The generous plot size offers significant scope for development, subject to the necessary consents, with existing planning permission for a bungalow and development opportunities for additional plots, offering exceptional scope. While its desirable location combines accessibility with a sense of space and privacy. Whether you're looking to construct a bespoke family home, explore development potential, or secure a strategic land investment, this versatile site offers outstanding possibilities. A rare opportunity to acquire a substantial building plot in a sought-after and well-connected location.

Auctioneer's Comments 
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).

The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded.

The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of no more than £349 inc. VAT towards the preparation cost of the pack. Please confirm exact costs with the auctioneer.

The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.



1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale. 2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property. 3. The measurements indicated are supplied for guidance only and as such must be considered incorrect. 4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase. 5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER PETER ALAN NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Utility supply:

  • Electric Ask agent
  • Water Ask agent
  • Heating Ask agent
  • Broadband None
  • Sewerage Ask agent

Rights and restrictions:

  • Private rights of way No
  • Public rights of way No
  • Listed property No
  • Restrictions No

Risks:

  • Flooded in last 5 years No
  • Flood defences Ask agent
  • Source of flood Ask agent

Floor plan

floorplan

Any fees payable will be explained in your initial no-obligation appointment, before you choose whether to use our Mortgage Services.

Train stations

Ammanford Rail Station (2.2) miles


Pantyffynnon Rail Station (2.3) miles


Llandybie Rail Station (2.8) miles


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