Maryatt Walk, Gaer, Newport,
Auction Guide Price +++ £425,000
LOT NUMBER 16
COVID UPDATE – LOCKDOWN 3.0
Following Government advice ( 05.01.21 ) the housing market will remain open during the new lockdown in England.
Hollis Morgan are open for viewings and valuations whilst adhering to the latest social distancing and PPE rules.
Please contact the auction team for any questions.
Land to South of cul de sac, Marryat Walk, Wells Close, Gaer Newport
FOR SALE BY LIVE ONLINE AUCTION
Lot Number 16
The Live Online Auction is on Wednesday 10th March @ 18:00
Registration Deadline is on Monday 8th March @ 16:00
The Auction will be streamed LIVE ONLINE via the Hollis Morgan website & you can chose to bid by telephone, proxy or via your computer.
Registration is a simple online process – please visit the Hollis Morgan auction website and click on the “REGISTER TO BID” button to qualify for your secure & unique bidding PIN
The site can be inspected from the road at all times.
Full access to site available upon request.
COMPLETION - STAMP DUTY DEADLINE
Completion is set for 8 weeks or earlier subject to mutual consent.
Completion before the STAMP DUTY DEADLINE on March 31st is available upon request
ONLINE LEGAL PACKS
Digital Copies of the Online legal pack can be downloaded Free of Charge.
Please visit the Hollis Morgan Website and select the chosen lot from our Current Auction List.
Follow the RED link to "Download Legal Packs" For the first visit you will be required to register simply with your email and a password.
Having set up your account you can download legal packs or if they are not yet available they will automatically be sent to you when we receive them.
You will be automatically updated by email if any new information is added.
There will be a note added to the list to confirm AUCTION PACK NOW COMPLETE when no further information is due to be added.
*** STAY UPDATED *** By registering for the legal pack we can ensure you are kept updated on any changes to this Lot in the build up to the sale.
A Freehold parcel of land accesed via Maryatt Walk comprising circa 0.5 acres of level ground.
Sold with vacant possesion
The plot is close to the sought after location of the Gaer, close to lots of amenities. Within a few minutes walk are bus stops, shops, doctors surgeries etc as well as Gaer Primary School. Well regarded secondary schools and handy road links are also close by including J28 of the M4 motorway and SDR (Southern Distributor Road) allowing an easy commute to both Cardiff & Bristol
DEVELOPMENT OPPORTUNITY - PLANNING GRANTED
Planning has been granted to erect a scheme of 9 houses with parking, gardens and visitor parking in this increasingly popular location following the cancellation of the Severn Bridge crossing toll.
UNIT 1 - 1507 Sq Ft
Detached 5 bedroom / 3 bathroom house arranged over 2.5 floors.
Private Garden and 3 parking spaces
UNITS 2 - 7 - 883 Sq Ft
Semi detached 3 bedroom / 1 bathroom house arranged over 2 floors.
Private Garden and 2 parking spaces
UNITS 8 & 9 - 1023 Sq Ft
Semi Detached 3 bedroom / 2 bathroom house arranged over 2.5 floors.
Private Garden and 2 parking spaces
TOTAL Sq Ft - 8847
Visitor parking x 2
PROPOSED GDV SCHEDULE
UNIT 1 - £295,000
UNIT 2 - £210,000
UNIT 3 - £210,000
UNIT 4 - £210,000
UNIT 5 - £210,000
UNIT 6 - £210,000
UNIT 7 - £210,000
UNIT 8 - £220,000
UNIT 9 - £220,000
TOTAL - £1,995,000
TOWN AND COUNTRY PLANNING ACT 1990 [as amended]
Application No: 20/0975
Application Type: Reserved Matters
Proposal: RESERVED MATTERS FOR 9 NO. DWELLINGS AND ASSOCIATED WORKS OF OUTLINE PERMISSION 19/0780
Site/Location: Land To South And West Of Cul De Sac At, Marryat Walk, Newport, South Wales, ,
Decision Date: 18th February 2021
In pursuance of its powers under the above Act the Council of the City of Newport notifies you of its decision in respect of your application, registered by them on 15th October 2020. The application has been:-
Approved & Conditions
Full details of the proposed scheme and drawings can be downloaded with the online legal pack.
For full details of the EPC please refer to the online legal pack.
Please be aware all purchasers are subject to a £1000 + VAT (£1,200 inc VAT) buyer's premium which is ALWAYS payable upon exchange of contracts whether the sale is concluded before, during or after the auction date.
An indication of the seller's current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.
The seller's minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction.
PRE AUCTION OFFERS
Some vendors are willing to consider offers prior to the auction.
Pre auction offers can be ONLY be submitted by completing the online PRE AUCTION OFFER FORM
The form can be found on the Hollis Morgan website on the individual auction property listings – look for the big red button .
Please note offers will not be considered until you have inspected the COMPLETE LEGAL PACK once it has been released.
There will be a note added to the list to confirm AUCTION PACK NOW COMPLETE when our clients solicitor informs us no further information is due to be added.
In the event of an offer being accepted the property will only be removed from the online auction and viewings stopped once contracts have successfully EXCHANGED subject to the standard auction terms and payment of the buyer’s premium ( £1000 + VAT ) to Hollis Morgan.
Contracts can be exchanged via the solicitors or at the Hollis Morgan offices by appointment only.
The registration process is extremely simple – visit the Hollis Morgan auction website and click on the “Register to Bid” button.
The “Register to Bid” button can be found on the auction home page or on the individual lot listings.
Please note this function is not available on Rightmove or Zoopla.
Stage 1 – Complete the Online Bidding Form
Stage 2 – Upload your certified ID
Stage 3 – Save your unique bidding PIN
Stage 4 – Pay your security deposit ( £6,200 )
You are now ready to bid – Good luck!
If your bid is successful, the balance of the deposit monies must be transferred to our client account within 24 hours of the auction sale.
If you are unsuccessful at the auction your holding deposit will be returned within 48 hours.
SURVEYS AND VALUATIONS
If you would like to arrange a survey or mortgage valuation of this Lot BEFORE the auction please instruct your appointed surveyor to contact Hollis Morgan and we will arrange access for them to inspect the property. Please note that buyers CANNOT attend the surveys and the surveyors are responsible for collecting and returning keys to the Hollis Morgan offices in Clifton.
Some properties may require specialist auction finance- please contact Hollis Morgan for access to expert advice and "whole of market" rates.
AUCTION BUYERS GUIDE VIDEO
We have short video guides for both buying and selling by Public Auction on the Hollis Morgan Website. If you have any further questions regarding the process please don’t hesitate to contact Auction HQ.
2021 CHARITY OF THE YEAR
Hollis Morgan are supporting Bristol Charity 1625 Independent People as our 2021 Charity of the year with a % of each Buyers premium being donated.
1625 Independent People (1625ip) is a charity that works with young people who are homeless, leaving care or at risk of homelessness in Bristol and the South West.
Visit the Hollis Morgan Charity page of our Website for further details - www.hollismorgan.co.uk/charity
We are very proud of what our past clients have say about us - please visit the Hollis Morgan website to read their testimonials.
WHY HOLLIS MORGAN?
Hollis Morgan hold the largest land & property auctions in the region.
Hollis Morgan sold more £££’s of Land & Property in both 2018 & 2019 than any other auctioneer in the region.
In fact, no auctioneer has sold more than Hollis Morgan since 2010 with over £289m of sales - £95m more than anyone else.
*Source EIG – Sales in BS and GL postcodes by agents based in BS or GL postcodes.
Hollis Morgan was the most successful Auctioneer in Bristol & North Somerset during 2018 – 2019 with an 87 % success rate.
*Source EIG – Sales in BS postcodes 2018 & 2019 by agents based in BS
AUCTION PROPERTY DETAILS DISCLAIMER
Hollis Morgan endeavour to make our sales details clear, accurate and reliable in line with the Consumer Protection from Unfair Trading Regulations 2008 but they should not be relied on as statements or representations of fact and they do not constitute any part of an offer or contract. All Hollis Morgan references to planning, tenants, boundaries, potential development, tenure etc is to be superseded by the information contained in the legal pack. It should not be assumed that this property has all the necessary Planning, Building Regulation or other consents. Any services, appliances and heating system(s) listed have not been checked or tested. Please note that in some instances the photographs may have been taken using a wide angle lens. The seller does not make any representation or give any warranty in relation to the property and we have no authority to do so on behalf of the seller.