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No longer on the market

This property is no longer on the market

12 bedroom block of apartments

Auction
Sold STC
Energy efficient
Solar panels
Block of apartments
12 beds
Added > 14 days

Key information

TenureFreehold
Council taxAsk agent

Features and description

  • Advised Freehold - to be verified by solicitor
  • To be sold with vacant possession
FOR SALE BY AUCTION - -Lot 17 - Block of apartments conversion for Owner Occupier/Investment
ONLINE AUCTION from 15th APRIL -17th APRIL 2025

*Photos showing refurbishment are for illustration purposes only

A block of 4 derelict apartments with Planning Permission to covert and add an extra storey to create 6 x two-bedroom luxury apartments within walking distance to the bustling and scenic market town of Ross on Wye. The elevated position provides far reaching views across the River Wye with its picturesque walks and water pursuits.

The apartments were going to be developed by the Vendor as follows:
Building will be finished in face brickwork with inset powder coated double glazed, aluminium windows and external doors all under pitched tiled roofs with solar panels. High levels of thermal insulation will be incorporated throughout, and all apartments will have energy efficient domestic hot water systems and underfloor heating, security video door entry systems, oversized doors to maximise the flow of light, quality, white, contemporary bathroom suites with vanity units, frameless shower enclosures and chrome fittings, porcelain tiled and wooden floors. Staircases will have solid wooden treads and glass balustrading. The grounds will be professional landscaped with tasteful, subtle external lighting. Some apartments will have garaging and all will have parking areas.

Leases were for 999 years with a limited management company set up to ensure the continued up keep of the property and owners to automatically become directors and shareholders.
New owners may include the same specification or amend accordingly - within the planning guidelines/constraints.

We estimate each apartment will be worth around £250,000 - £280,000 with the above specification. Ross on Wye is an all year round tourist area and therefore the apartments could offer an excellent holiday let return.

Ross-on-Wye is a market town and civil parish in Herefordshire, England, near the border with Wales. It lies in south-east of the county, on the River Wye and on the northern edge of the Forest of Dean. Excellent transport links via s to A40, M50 with Bristol, Cardiff and Birmingham airports are just an hour or so away.

VIEWINGS:
Viewings are to be undertaken at your own risk. The property is in a poor state of repair, and we advise wearing suitable footwear.

See photo plans

Outside- once converted Garages/parking, Garden/s

Tenure:
Advised Freehold - to be verified by solicitor

Tenancies:
To be sold with vacant possession
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About this agent

Paul Fosh Auctions - Newport
Paul Fosh Auctions - Newport
108 Lower Dock Street Newport, Gwent NP20 2AG
01633 371631
Full profileProperty listings
The company was established by Paul Fosh in 2001 following a long career in estate agency with companies situated across South Wales. Since 2001 the company has grown into the leading property auction house in Wales.
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