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ONLINE AUCTION from 3rd OCTOBER-5th OCTOBER
A spacious first floor flat benefitting from parking and far reaching views. The flat provides lounge, kitchen, bathroom and bedroom. The property is to be sold with tenant in situ who would very much like to stay. The current rental is £595 pcm.
Newport is a rapidly emerging desirable living destination, a city and county borough in South 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 authority with city status in Wales and has seen extensive re-generation in recent years. Excellent rail and M4 transport links to Bristol, Cardiff and London.
First Floor: Lounge, kitchen, 1 bedroom, bathroom
Outside: Communal garden area, communal parking area
To be sold with tenant in situ - the property is let at £595 pcm (£7,140 p/a)
Investors: you are looking for assistance in tenant find and/or management packages, information on rental income/interest potential we have a Lettings Department that can help you. Please call us or email firstname.lastname@example.org for invaluable advice.
Advised Leasehold - To be verified by a 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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