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  • Freehold
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8 bed Character Property

New Road, CRICKHOWELL, Powys, NP8 1AY

  • 8 bedrooms
  • 3 bathrooms
  • 1 reception
  • Starting bid: £300,000
  • Time left to bid:

Taylor & Co - Abergavenny : 01873 564424

24 Lion Street

Property overview

Arranged over four floors, this substantial property of approximately 4,800 square feet is regarded locally as an iconic landmark in the picturesque market town of Crickhowell in the Brecon Beacons National Park. The internationally famous high street with its plethora of cafes, independent shops and boutiques is within walking distance, as are a popular primary and high school. Currently used as a holiday home by the same family for over 20 years, this attractive former Malt House which pre-dates 1830, has according to historical research, had several guises over its long history including as a flannel mill, a blacksmiths and farrier and then latterly as a commercial premises for a number of different businesses.

Much loved by its owners, this cherished home has been utilised by them and their extended family as a great place to holiday and spend time together and given its size and scope, it has comfortably housed them all with ease. Whilst not originally planned with four floors, the later floors were added some time in the 1960’s, the property offers sizeable accommodation. Entered through double wrought iron gates, the ground floor has a 34’ games room with two toilet facilities and a small utility space, accessed by a large reception hallway. To the first floor, there are five rooms, four of which are used as bedrooms, with one en-suite plus a modern shower room.

There are three further double bedrooms to the second floor, all served by en-suites, together with a four piece bathroom suite. The reception accommodation is on the top floor of the property and being triple aspect with seven windows, is filled with light and commands impressive views across the Usk Valley, taking in the Usk River bridge, Llangattock Hillside, the Darren and Table Mountain. This superb open plan 54’ room hosts sitting, dining and snug areas and leads to a dual aspect kitchen.

There are two staircases to either end of the property, one of which serves as a fire escape, in addition to a two chamber cellar. The outside space is limited to a parking area to the front and whilst there is no garden, Bullpit Meadow is just steps away with a range of countryside walks and leisure pursuits in abundance nearby.

This property is offered to the market with the benefit of no onward chain and the flexibility, subject to planning consent, for different uses including as a primary residence or second home, a commercial premises, or a blend of the two for buyers seeking a home with an inbuilt business opportunity.

Auctioneer comments

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).

If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.

The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.

Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.

Material information

The information above has been provided by the vendor and may not be accurate. Please refer to the property’s Buyer Information Pack. (You can download this on the right hand side of the page) or speak to the Auction Specialist for the most up to date information.

Council Tax Band: Band F
Tenure: Freehold

Map view

Fees & Charges Explained

New Road, CRICKHOWELL, NP8 1AY

This property is sold subject to payment of a non-refundable reservation fee of 4.50% to a minimum of £6,600.00 including VAT.

Any successful purchaser will pay this to secure the sale. The reservation fee is in addition to the purchase price. Please take this into account when bidding.

A reservation fee is payable by the buyer only when the seller pays no fees to sell. As sellers pay no fees to sell, this is usually taken into account with a lower reserve price.

This property is being sold under the Modern Method of Auction, which requires the Completion of the purchase within 56 days, although all reasonable endeavours must be made to Exchange Contracts within immediately following the Draft Contracts being received by the Buyer's Solicitor

A non-refundable Reservation fee must be paid by the buyer within 2 hours following the conclusion of the auction or acceptance of an offer. This must be paid by cleared funds to the auctioneer who will issue an acknowledgement of reservation and purchase agreement in the 56 day period following the auction or the date of acceptance of the offer.

Buyer Fees

There are no other fees or charges payable to the Auctioneer however, there are other costs to consider such as:

  • You will need a Solicitor to act for you during the conveyancing and your Solicitor will advise you in relation to the associated costs. If you do not have a Solicitor, we can recommend the services of one of our Panel Solicitors who are all selected for their expertise in Auction Transactions. Please call the number below for more information.
  • Stamp Duty Land Tax (SDLT) is applicable if you buy a property or land over a certain price in England, Wales or Northern Ireland. Please click here for more information.

Need More Information?

For further information or to speak to one of our team, please call 01917319200.

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Download the Buyer Information Pack

These Packs provide material Information to help you to make an informed decision before bidding. It may not include everything you need to know so make sure you do your own research too.

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Disclaimer

These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property.

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Last updated bid: £300,000
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Starting Bid

The Guide Price or Starting Bid for each property shows the level at which the bidding will start. These amounts are for guidance only and are not the price that the property is being sold for. This amount may occasionally change during the marketing period. Each Guide Price or Starting Bid has a corresponding Reserve Price. Learn more in our FAQs section.

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