This property has been taken off the market.

House For Sale Park Place, Cardiff, CF10

£399,000

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We appreciate the listed price showing isn’t necessarily the price you would buy this property for, as it is in auction. However, we hope some confidence can be gained from our system successfully being able to identify this as potentially below market value.
Last Updated: 27th April 2024

Description

FOR SALE BY PUBLIC AUCTION: The auction will take place online on 14th May 2024 at 05:30 PM with registration through our website.\r
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Plot of land in desirable location close to Cardiff's civic centre with planning permission for a detached 5 storey building with a commercial unit to the ground floor and 11 apartments including a large penthouse apartment. \r
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Description\r
Plot of land in desirable location close to Cardiff's civic centre with planning permission for a detached 5 storey building with a commercial unit to the ground floor and 11 apartments including a large penthouse apartment. The property is currently an open car park facing Museum place. \r
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The planning is for a for a five storey detached block of apartments with a small coffee shop to the ground floor. The accommodation to the upper floors proposed briefly comprises 4 x one bedroom apartments, 6 x two bedroom apartments and a large 3 bedroom penthouse to the top floor extending to almost 2,400 sqft. There may be an opportunity to split this floor into more units but interested parties are invited to make their own enquiries in this regard.\r
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Further plans are available and the full planning file can be viewed through the Cardiff council planning portal - Ref 22/00990/MJR\r
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Informed Freehold please refer to legal pack for verification of tenureAdditional Fees\r
Buyer's Premium 1.2% with a minimum of £1,200 (inc of VAT) payable on exchange of contracts. Please refer to the legal pack for any further disbursements to be paid by the purchaser on completion.\r
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Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, 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. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction.\r
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Further Information\r
Auctioneers Office, Seel and Co \r
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Viewing\r
Viewing by appointment with Seel and Co
Agent Details
Seel & Co Ltd
Desg, 11-13 Penhill Road, Pontcanna, Cardiff, CF11 9PQ

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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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