A sprawling country auction house situated in one of Wales’ most sought-after locations is up for sale. The property, known as Lee Lane Cottage, is located in a rural Monmouthshire village near the historic Roman amphitheatre of Caerwent. The visually appealing timber-adorned house is divided into three units, with two units currently rented out, while the main part of the property is vacant.
Described as a substantial detached property, Lee Lane Cottage offers ample scope for development or potential redevelopment of the entire site, subject to obtaining necessary planning consents. With a guide price of £275,000, the property features a picturesque garden area with views of rolling countryside. The two rented units generate a total annual income of £13,800, with one unit let at £500 and the other at £650 per month.
The property is being auctioned online by Paul Fosh Auctions, with bidding starting from noon on Tuesday, October 1 and closing at 5pm on Thursday, October 3. Potential buyers have the opportunity to transform the property into a single large home, apartments, a business, or maintain it as three separate dwellings. The location offers a blend of rural tranquillity and easy access to nearby towns and cities, making it an attractive investment for various purposes.
Surrounded by countryside views, the property boasts a double garage, parking bay, and potential for future improvement. Whether buyers are looking for a country retreat, investment opportunity, or development project, Lee Lane Cottage presents a unique prospect in one of Wales’ desirable locations. More information and updates on the auction property can be found on the Paul Fosh Auctions website.