2 X NEW BUILD | CASH ONLY | NP7, 6 bedroom, House - 34246149

ADDRESS | 1 & 3 Mulberry Park, Park Crescent, Abergavenny NP7 5ES Lot Number TBC *** PLEASE NOTE NEW AUCTION START TIME - NOW 12:00 *** The Live Online Auction is on Wednesday 19th November 2025 @ 12:00 Noon Registration Deadline is on Friday 14th November 2025 @ 16:00 The Auction will be streamed LIVE ONLINE via the Hollis Morgan website & you can chose to bid by telephone, proxy or via your computer. Registration is a simple online process – please visit the Hollis Morgan auction website and click “REGISTER TO BID” THE PROPERTY & ASSOCIATED LAND On behalf of Fixed Charge Receivers The final two properties of this exclusive development of new build contemporary 3 bedroom town houses in this sought after location. We are informed the Lot also includes the car parking area and associated land to the original development which includes 4 parking spaces and potential 5th parking space however no warranty is given in this. Sold with vacant possession SCHEDULE OF ACCOMODATION 1 Mulberry Close | 1098 Sq Ft Ground Floor - Entrance Hall | Kitchen | Reception Room | WC First Floor - Bedroom 1 | Bedroom 2 | Bathroom Top Floor - Bedroom 3 Outside - Off Street | Enclosed Rear Garden 3 Mulberry Close | 960 Sq Ft Ground Floor - Entrance Hall | Kitchen | Reception Room | WC First Floor - Bedroom 1 | Bedroom 2 | Bedroom 3 | Bathroom Outside - Off Street | Enclosed Rear Garden Tenure - Freehold Council Tax - D | D EPC - B | B CASH BUYERS ONLY – BREAK UP OPPORTUNITY The properties were largely completed in 2023 but still require some finishing works in order to be suitable for occupation. The fixed charge receivers are aware of the following known issues that require attention in order to obtain a retrospective warranty and to be suitable for mortgages and individual resale. TITLE ISSUE We are informed “The Seller’s title and relevant legal charge to the property has not yet been registered at HM Land Registry. An application for registration is in progress (or will be made before completion). The Property forms part of a wider estate in respect of which there have been various historic and/or pending applications for registration and/or alteration of the register concerning boundaries and extent. The Seller is not aware of any dispute affecting the Property itself but prospective buyers should satisfy themselves as to the boundaries and extent of the Property from inspection and the documents provided. The Seller gives no warranty as to the precise boundaries or extent of the Property as shown on any plan” Please refer to online legal pack. WARRANTY Warranty Provision – Professional Consultant’s Certificates We are informed “Interested parties should note that the receivers have been in conversations with London and Belgravia who had confirmed, indicatively, that PCCs would be available back dated to the date of building sign off. The foul drainage would likely be excluded until connection was resolved and added once concluded” Interested parties to make their own investigations direct with the broker Alex Limpenny Principal Consultant - UK Major Projects T: 0203 826 3922 E: [email protected] W: lbb.london BUILDING CONTROL SIGN OFF We are informed “A copy of the Building Control Completion Certificate provided by Monmouthshire County Council can be downloaded in the online legal pack. Further details such as The Design and Access Statement for the development can be accessed via the Council’s online portal” FOUL DRAINAGE We are informed – “While the shared drainage serving the property has been installed on site, the final connection to the Welsh Water main has not been made. An appointed Consultant Engineer has submitted an updated S106 application which is expected to receive approval in October 2025. The manhole onto which the connection is to be made is approx. 3.5m deep. The Consultant has received an indicative informal budget cost of connection to the main of £12,000 to £15,000 excluding VAT. Interested parties however must rely upon their own enquiries and are invited to make direct contact with the Consultant” Interested parties to make their own investigations direct with the consultant. Steve Morgan Steve Morgan Associates Ltd Consulting Civil & Structural Engineers 9 Clytha Park Road, Newport, South Wales, NP20 4PB Tel: +44(0)1633 266244 [email protected] PARKING SPACE We are informed “One of the parking spaces directly to the south of Plot 1, Mulberry Close, Abergavenny NP7 5ES may not be included within the Property demise and no reliance or warranty in given to the accuracy of the boundaries in this regard” All above – Interested parties to refer to online legal pack or make their own investigations RESALE | GDV Interested parties should note the following sales in the development when released in 2023. 4 Mulberry Close | £340,000 | Dec 2023 5 Mulberry Close | £365,000 | Sept 2023 2 Mulberry Close | £392,500 | Aug 2023 6 Mulberry Close | £410,000 | May 2023 Nick Davies Senior Associate Teacher Stern LLP +44 (0) 20 7611 2396 [email protected] EXTENDED COMPLETION Completion is set for 8 weeks or earlier subject to mutual consent.