LOT 121 - Newport

Pencoed Castle , Pencoed Lane, Llanmartin, Newport, Gwent, NP18 2ED

Freehold Grade II Listed Castle, Farmhouse, Bungalow, Outbuildings, Dovecote and Land with Planning

Sale Price


Key Features
  • Planning Permission to Restore the Castle, Convert the Outbuildings to Offices and Develop 12 new Dwellings
  • Possible potential to Redevelop parts of the site, subject to consents
  • Former Farm House comprises Three x Residential Flats and a separate Two Bedroom Detached Bungalow. The Bungalow and Two of the Flat are subject to an Assured Shorthold Tenancies
  • The Castle and One of the Flats within the Farmhouse are Vacant
  • Includes approximately 9.39 Hectares (23.21 Acres) of Land which is subject to a Farm Business Tenancy for a term expiring 30th November 2020
  • Total Site Area approximately 26.23 Hectares (64.8 Acres)
  • Extensive Shops, Bars and Restaurants are located nearby in Newport and Newport Rail Station is situated 8 miles to the west. The property has easy Access onto the M4 Motorway

Total Current Rent Reserved
£16,075 p.a. (equivalent) with Castle and One Flat Vacant


  • The property is situated on the north side of the B4245
  • The B4245 which provides direct access onto the M4 motorway (Junction 23A), which is 1.4 miles from the property
  • Newport station is situated 8 miles to the west
  • Local shops and facilities are located in Magor to the east, with further and more extensive shops and facilities being situated in Newport to the west
  • Magor Marsh Nature Reserve and Wentwood Forest are both within easy reach
  • Bristol International Airport is situated 29 miles to the south east and Cardiff Airport is situated 32 miles to the west
  • Celtic Manor Resort and International Golf Course is within 5 miles
Additional Information
  • Pencoed Castle was originally built in the Thirteenth Century and is first noted in the Wentwood survey of 1270 as being occupied by Sir Richard de la More
Local Authority: Newport City Council
Email: planning@newport.gov.uk
Website: www.newport.gov.uk

The property benefits from planning consent for the 'variation of conditions 7 (crossing of ditch / unsurfaced highway), 13 (oil interceptor), 17 (landscaping scheme) and 23 (protection of features of historic interest) of planning permission 06/0267 for proposed restoration of castle, associated buildings and barns and conversion for use as offices, erection of new building for use as offices, demolition of bungalow and erection of 12 no. new houses, creation of new access and provision of parking, servicing, means of enclosure and landscaping affecting public rights of way 394/67, 394/68, 394/70, 394/71, 394/73 and 394/74 (resubmission)' 
Reference - 13/0738
Date Granted - 01-Aug-2014 

Plans are available upon request from the auctioneer

To view the property please email roseanna.eden@allsop.co.uk with 'To view Pencoed Castle' in the Subject header Due to Government Guidelines we will try to accommodate all viewing requests, but in the first instance prospective purchasers are advised to view the virtual tours and the many internal images provided on the Allsop website before requesting a viewing. Each viewing slot will be for a strict 10 minutes and viewers will be required to attend the viewing promptly and ensure gloves and a face covering are worn. We apologise in advance if we are unable to accommodate everyone. Please observe social distancing while you are at the property. If you are showing any Coronavirus symptoms then you will not be allowed to view the property

Additional Charges
  • Additional charges and fees might be charged by the seller and/or other third parties. You are strongly advised to read the Special Conditions of Sale for the Lot prior to bidding to check for any additional charges and fees and to check the addendum which might also (but does not always) contain details of such amounts.
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