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ONLINE AUCTION from 29th AUGUST-31st AUGUST
An end of terraced house providing a lounge, open plan kitchen/dining room, bathroom and utility area to the ground floor and three bedrooms to the first floor. Spacious rear garden. The property is to be sold with a long standing tenant in situ who is keen to remain. Currently pays £715 pcm though we anticipate a more accurate rental of approximately £850pcm. The property also benefits from a recently updated bathroom, UPVC double glazing and central heating with combi boiler (not tested).
Newport is a rapidly emerging desirable living destination, a city and county borough in Wales, situated on the River Usk close to its confluence with the Severn Estuary, 12 mi (19 km) northeast of Cardiff. Newport is the third-largest city in Wales and has seen extensive re-generation in recent years. Excellent rail and M4 transport links to Bristol, Cardiff and London.
Ground Floor: Lounge, open plan kitchen/dining room, utility room, bathroom
First Floor: 3 bedrooms
Outside: Rear garden
To be sold with tenant in situ
The property is let at £715 pcm (£8580 p/a)
Advised Freehold - to be verified by solicitor
Auction fees: The sale of each lot is subject to a buyer’s premium of 1.2% of the purchase price (subject to a minimum of £1,200) including VAT unless otherwise stated.
Additional costs: The purchase of the property may be subject to (but are not limited to), VAT (if applicable), reimbursement of the seller’s search fees, reimbursement of seller’s legal and/or sales costs, stamp duty/land transaction tax (LTT). Please check accompanying legal pack for further details.
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
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