Taliesin, Machynlleth, Ceredigion, SY20

A rare chance to acquire two parcels of land and woodland with 2 potential residential development opportunity. The land is bisected by the A487 and is situated on the south side of Tre Taliesin. In total the land, in two parts, extends to approximately 19.5 acres of sloping to gently sloping pasture within a secure ring fence. There is 14.5 acres to the east side of the trunk road, situated on which is a dilapidated stone cottage with a similar condition barn which, subject to obtaining the necessary consents, could possibly be renovated into an appealing country house. On the west side, there is approximately 5 acres of land, again adjoining the village and initial discussions with the Local Authority, would suggest that there is a strong possibility of obtaining residential planning consent for plots, subject to obtaining the necessary consents.

The land is located some 8 miles or so north of the University and noted coastal town of Aberystwyth and approximately 9 miles south from the market town of Machynlleth.

The majority of the land with the exception of the former farmhouse, buildings and access track are currently let on a protected Agricultural Tenancy under the Agricultural Holdings Act 1986, with the current rent passing to the landowner of £400 per annum. Currently the land is tenanted for pasture, which is organised in three separate fields with a large field to the east of the A470 from which there are lovely views of the mountains beyond the Dyfi Estuary and the ruined cottage, rosbustly built in stone and offers a second possibility for further development again, subject to consents.

AUCTION
The property is being sold via a transparent online auction. In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.

BUYERS PREMIUM
A buyer's premium of 3.6% including VAT (3.6% plus VAT) is payable by the successful bidder on the day of the auction.

VENDORS RIGHT TO BID
This property/land is subject to a reserve. The Sale of the Land Act 1867 states; 'And, where any sale by auction of land is declared either in the particulars or conditions of such sale to be subject to a right for the seller to bid. It shall be lawful for the seller or any one person on his behalf to bid at such action in such manner as he may think proper'.

VENDORS SOLICITORS
Boys & Maughan Solicitors
32 St Georges Place, Canterbury, Kent, CT1 1UT


LOCAL SEARCHES
The vendor's solicitors have provided local searches documentation.

BOUNDARY RESPONSIBILITIES
The ownership and responsibilities for the boundaries are not shown. Prospective purchasers must satisfy for themselves the ownership of boundaries and take to the position as currently enjoyed. All prospective purchasers should be aware that they will be required, at their own expense, to erect a stockproof fence along points A-B as indicated on the plan.

RIGHT OF WAY, WAYLEAVES & EASEMENTS
The property is sold subject to and with the benefit of any existing rights of way, drainage, water and other rights, easements and wayleaves whether by written agreement or otherwise.