Oak Cottage, Bishton Road, Bishton, Newport NP18 2DZ

Oak Cottage built circa 1864 is nestled within the highly sought after village of Bishton overlooking meadows and offers a superb opportunity for development and huge potential to add significant value once renovated or rebuilt (STPP).

The property briefly comprises of living room, with access to a kitchen, reception room and downstairs WC. The rear garden is accessed via the kitchen area and side gate.
Upstairs is currently a large open space, which was previously two bedrooms.

Outside the property there are two additional buildings with high ceilings, there is vehicle access and a car port area.

This detached property has incredible potential to undergo a complete renovation and be transformed into a family home with spectacular rear views stretching across countryside fields.

There is potential to transform the property into a traditional 3 bedroom cottage with living, dining and kitchen areas. In addition, planning permission was previously granted to demolish and rebuild a brand new detached dwelling on the site of approximately 3000 sq feet with 3/4 ensuite bedrooms, formal lounge, family room, study, dining room, kitchen and utility. Also, with a second flight of stairs leading to a very large loft area with skylights. The permission has now expired but could be applied for by the winning bidders who are advised to seek their own independent advice from local planning authorities.

The site benefits from all mains supply (water, electricity and drainage) & LPG gas.

This quaint village of Bishton is approximately 3 miles from the Celtic Manor Hotel & Golf club, with fantastic links to the M4 & M49 the property is located between Llanwern and Magor. Less than a ten-minute drive into the nearby Magor Village, you will find several pubs, restaurants, local shops, and convenience stores. The property offers easy commuting to Bristol and London via the M4.

Auction Details

The sale of this property will take place on the stated date by way of Live streamed auction and is being sold under the Unconditional sale type.

Binding contracts will be exchanged at the point of sale.

All sales are subject to our Common Auction Conditions and Bidder Terms. Properties located in Scotland and Northern Ireland will be subject to applicable local laws.

Auction Deposit and Fees

The following deposits and non- refundable auctioneers fees apply:

• 5% deposit (subject to a minimum of £5,000)

• Buyer’s Fee of 4.8% of the purchase price (subject to a minimum of £6,000 inc. VAT)

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.

Additional Information

For full details about our auction processes, please refer to the Bidder Terms which can be viewed on our home page.

This explains the types of auction and sale methods we offer, the bidding registration process, your payment obligations, and how to view the Legal Pack (and any applicable home report for residential Scottish properties).

Guide Price & Reserve Price

Each property sold is subject to a Reserve Price. The Reserve Price 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. A full definition can be found within the Buyers Terms.