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ONLINE AUCTION from 5th MARCH-7th MARCH
Situated in a popular area of Caerleon this semi-detached property with far reaching views is being sold for the first time since it was purchased in the 1960’s. Requiring renovation, the property benefits from a three room basement area which could be converted into, for example, a self-contained flat or kitchen/dining room, subject to the necessary planning consents. Accommodation includes a lounge, dining room, kitchen, cloakroom, bathroom and three bedrooms. Outside there are front and rear gardens, single integral garage with inspection pit and parking.
Caerleon is a town in Newport, South Wales. Situated on the River Usk, it lies 5 miles (8 km) northeast of Newport city centre, and 5.5 miles (9 km) southeast of Cwmbran. Caerleon is of archaeological importance, being the site of a notable Roman legionary fortress, Isca Augusta, and an Iron Age hillfort. A popular tourist area, there are many upmarket shops, restaurants and bars. Excellent transport links via Newport rail and the M4.
Virtual Tour:
Ground Floor: Lounge, dining room, kitchen, cloakroom
First Floor: 3 bedrooms, bathroom
Lower Ground Floor: Large basement of 3 rooms (accessed via the garden)
Outside: Front garden, rear lawned garden, outbuilding for storage, integral garage, parking
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The property is to be sold with vacant possession. We anticipate a rental of approximately £1100 pcm.
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.
Advised Leasehold - 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.
As a trusted partner of Paul Fosh Auctions, Together could offer the auction finance you need, when you need it. Visit togethermoney.com for more information.
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