Lot 5 - 1 Milner Street, Newport, Gwent, NP19 0GS

  • Unconditional Online Auction Sale
  • Guide Price* : £135,000+
  • Bedrooms: 2

Lot 5 - House for Owner Occupier/Investment Together with Land at the Rear

Description

ONLINE AUCTION from 7th - 9th NOVEMBER

Being sold together, this end of terraced house and a large plot of land to the rear. The side alley gives access to the rear of the property and the land. Situated in a no through road, the house provides two reception rooms, kitchen, cloakroom, bathroom and two bedrooms plus a front garden and small rear courtyard with side access.

The land has gated access via the alley and given the development and regeneration in the area could lend itself to a multi property development, subject to the necessary consents. There is a large outbuilding divided into two – and a car inspection pit. In addition there is a small outbuilding/WC.

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 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.

Accommodation

Ground Floor: Lounge, dining room, kitchen, cloakroom
First Floor: 2 bedrooms, bathroom
Outside: Rear courtyard and front garden, front garden, access to side alley

Council Tax Band

C

Tenancies

To be sold with vacant possession
Investors: If 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 sarah@paulfoshlettings.com for invaluable advice.

Tenure

Advised Freehold - to be verified by solicitor

Auction Fees And Additional Costs

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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