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£550,000
Pwllmelin Road, Llandaff, CF5
- 0 beds
£550,000
- 0 beds
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Estimate monthly mortgage payment:
£2,511 per month
Minimum deposit amount:To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
£27,500
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DESCRIPTION ** DEVELOPMENT OPPORTUNITY ** ALLSOP AUCTION 19TH & 20TH FEBRUARY 2025 ** A rare opportunity to acquire this 1 acre (0.4 Ha) development site, currently a detached bungalow, situated in the prime village of Llandaff, Cardiff. With FULL PLANNING PERMISSION (subject to signing the Section 106 Agreement) for two different schemes, one being to demolish the existing property and replace with 23 self contained residential apartments over four separate blocks, with parking (Planning no. 20/01882/MJR). The other scheme being to demolish the existing property and construct 5 detached houses of approximately 2700 sq.ft. - 3150 sq.ft. (Planning no. 18/00642/MNR). We are advised that mains services are provided to the existing bungalow. Further details available on request.
LOCATION Llandaff is a popular and sought after residential suburb conveniently located for schools. Llandaff Cathedral School and Howells School lie either side of the property which are two of the best schools in Wales. The high street offers shops, cafes, public houses, restaurants and banks, including a commuter railway station in Danescourt and a frequent bus service to and from the City Centre. Excellent surgery, pharmacy and dental practices are close by, as is the University of Wales (Heath Hospital). The Taff Trail offers parkland walks all the way to Cardiff City Centre.
AUCTION TERMS Being offered to auction in conjunction with Allsop, with bidding commencing from midday on Wednesday 19th February 2025 and concluding Thursday 20th February 2025. Please follow the link to obtain a legal pack or register to bid: https://www.allsop.co.uk/lot-overview/vacant-freehold-development-site-with-planning-in-cardiff/r250219-246?searchid=jh+4LkIhEv3DIotfhD3ctPa4ordAcx41xauX1Gbgm7A%3D&idx=0
ADDITIONAL INFORMATION MGY are advised that the existing bungalow is connected to mains gas, drainage, water and electric. Sales pack available on request. For further planning information please visit the following links:
https://www.cardiffidoxcloud.wales/publicaccess/applicationDetails.do?keyVal=ZZZHXDECDR936&activeTab=summary
https://www.cardiffidoxcloud.wales/publicaccess/applicationDetails.do?activeTab=documents&keyVal=ZZZHXMECDR485
LOCATION Llandaff is a popular and sought after residential suburb conveniently located for schools. Llandaff Cathedral School and Howells School lie either side of the property which are two of the best schools in Wales. The high street offers shops, cafes, public houses, restaurants and banks, including a commuter railway station in Danescourt and a frequent bus service to and from the City Centre. Excellent surgery, pharmacy and dental practices are close by, as is the University of Wales (Heath Hospital). The Taff Trail offers parkland walks all the way to Cardiff City Centre.
AUCTION TERMS Being offered to auction in conjunction with Allsop, with bidding commencing from midday on Wednesday 19th February 2025 and concluding Thursday 20th February 2025. Please follow the link to obtain a legal pack or register to bid: https://www.allsop.co.uk/lot-overview/vacant-freehold-development-site-with-planning-in-cardiff/r250219-246?searchid=jh+4LkIhEv3DIotfhD3ctPa4ordAcx41xauX1Gbgm7A%3D&idx=0
ADDITIONAL INFORMATION MGY are advised that the existing bungalow is connected to mains gas, drainage, water and electric. Sales pack available on request. For further planning information please visit the following links:
https://www.cardiffidoxcloud.wales/publicaccess/applicationDetails.do?keyVal=ZZZHXDECDR936&activeTab=summary
https://www.cardiffidoxcloud.wales/publicaccess/applicationDetails.do?activeTab=documents&keyVal=ZZZHXMECDR485
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£2,511 per month
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Stamp Duty tax
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Stamp Duty Land Tax (SDLT) is a tax you might have to pay if you purchase a property or land. SDLT applies to properties above a certain price threshold. The amount you'll have to pay depends on the property's value and if you already own a property, or have done so in the past. If you are a first-time buyer, or you are purchasing multiple dwellings, you may be eligible for a discount (tax relief).
£6,250
Mortgage and legal costs:
£999
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