Lot 26 - River Bridge Cottage, Forge Mews, Bassaleg, Newport, Gwent, NP10 8NE

  • Unconditional Online Auction Sale
  • Guide Price* : £324,000+
  • Bedrooms: 3


The property has been withdrawn from auction.

Lot 26 - Residential Investment/ Future development potential



Images 3 & 4 are for information only

A rare opportunity to acquire an extended detached cottage with a sizable plot (approx. 379 m2 ).

The property is sold with a tenant in occupation ( long term) and the property may offer scope for re-development of the site or an extension to the existing building to provide a larger family residence (subject to neccesary planning consents).

The property is situated in one of the most sought after arears of Newport and in catchment for the well regarded Bassaleg School and convenient for the M4 motorway for access to Cardiff or Bristol.

The property has UPVC double glazing and gas central heating (not tested) and has fitted kitchen and bathroom.

We are not aware of any current planning however a previous application for development of 7 apartments was refused but it may be favourable in the future to a smaller development (subject to planning consents)


PLease note no Internal inspection has taken place however we are advised it comprises:
Ground Floor: Entrance, lounge/dining room, inner hall, kitchen
First Floor: Landing, 3 bedrooms, bathroom
Outside: Spacious garden and patio area to the front with further side and rear garden space


The property is currently let at £975 however market rent should be nearer £1300 pcm


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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