Crick Road, Caerwent

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£1,500,000

Home Buyer Report for Crick Road, Caerwent

Get to know this home before you view. One report brings together the listing, property records and local sold prices, so you know what to look out for, what to ask and what to offer.

What's included

  • Condition, read from every photo and the floorplan
  • Where the listing contradicts the records
  • Sold prices on the street and nearby comparables
  • Planning history, here and next door
  • Council tax, stamp duty and what upgrades would cost
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Type
Land
Ownership
Freehold
Area
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Price per area
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Description

The site is located on the eastern extent of Shirenewton and is bound by an unnamed road to the north, agricultural land to the east, residential properties fronting Clearview Court to the west, and residential dwellings to the south.
Shirenewton is a rural village with a local primary school, public house, church and community hall. The site is approximately 4 miles northeast from the nearby town of Chepstow, providing access to a wide retail offering, including Marks and Spencer’s, WHS Smiths, Post office, Bank, and a number of restaurants and coffee shops.
The gross site area extends to approximately 1.66 acres (0.67 hectares), with the land gently falling in a north easterly direction.
The site is greenfield in nature, bisected through the middle by a hard surface driveway, which provides access to properties situated on the southern boundary. The site is accessed from the north, off an unnamed road which leads directly onto Spout Hill Road, providing access to the B4235.
The outline planning permission granted is for the construction of 11 dwellings and associated works.
An outline planning permission for the construction of 11 dwellings and associated works, was approved on 12th February 2021. The planning application reference is DM/2018/02066. A reserved matters application has subsequently been submitted, which is yet to be determined, referenced DM/2024/00131. Full details are carried on Monmouthshire County Council's Planning Portal, and relevant planning information is included within the Information Pack.
The Section 106 Agreement outlines a requirement for 36% affordable housing provision (on-site), whereby the affordable dwellings are to be transferred to an RSL at 42% of the Acceptable Cost Guidance (ACG), together with a financial contribution for recreation and community facilities and a further monitoring fee. Prospective purchasers should ensure that they are fully familiar with the terms set out in the Section 106 Agreement.
The Freehold interest of the site, title no CYM491141, is offered for sale, with Vacant Possession. Please note this will be a transfer in part, and the extent of the property for sale is in line with the redline used for the Outline Planning Permission.
An Information Pack Is being assembled, containing further information including a topographical survey, ground investigation, an underground services report and planning information. All prospective purchasers are encouraged to register their interest by requesting a copy of the Information Pack, which will be electronically available.

Estate agent

Herbert R Thomas

Location

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The information provided within this property listing is accurate to the best of our knowledge and research. Please see details of how we gather information in paragraph 3 of our T&Cs.

Please contact the appointed agent, or the vendor, for any missing information and to ensure the accuracy of all details. It is essential that you carry out your own Due Diligence in relation to any property purchases.

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