Lot 23 - 1-2 Bank Bungalows Crumlin, Newport, Gwent, NP11 5ER

  • Unconditional Online Auction Sale
  • Guide Price* : £1
  • Bedrooms: 3

Lot 23 - Please note image 1 taken from 2009

Description

ONLINE AUCTION from 12th DECEMBER-14th DECEMBER

PLEASE NOTE: NO PRE AUCTION OFFERS

An opportunity to acquire two tin bungalows which are currently in a poor state of repair. The properties occupy an elevated position with fine views across the valley and the site may offer scope for alternative development such as a detached dwelling (subject to necessary planning consents).

The village of Crumlin benefits from a range of local amenities and further shopping facilities are available in the nearby towns of Newbridge and Cwmbran, which is south on the A4042.

Accommodation

Please note no internal inspection was carried out by auctioneers however we are informed it comprises:
Bungalow 1: Entrance, lounge, kitchen, wc, 2 bedrooms
Bungalow 2: Lounge, bedroom, kitchen area
Outside: Land to sides, rear and front with parking area

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 on 01633 746800 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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