Lot 16 - 26 Ebenezer Terrace, Newport, Gwent, NP20 1ET

  • Unconditional Online Auction Sale
  • Guide Price* : £179,000+
  • Bedrooms: 5

Lot 16 - HMO for Investment

Description

ONLINE AUCTION from 9th APRIL-11th APRIL

A five bedroom end terrace property located in the heart of Newport City Centre and ready for occupation.

The current vendor has enjoyed good levels of occupancy and has a valid HMO license in place until October 2024. The property offers generous living accommodation and to the ground floor comprises lounge, WC, dining room kitchen and a double bedroom.

The first floor offers four bedrooms, bathroom and shower room. To the rear there is a low maintenance patio garden.

Benefits include double glazing and gas central heating provided by combination boiler (untested).

Typically rooms can achieve in the region of £500 per calendar month

The property is located in a convenient location within walking distance of Newport City Centre and local amenities including the Royal Gwent Hospital. It also offers easy access to the M4.

Accommodation

Ground Floor: Entrance hallway, lounge, bedroom, dining room, kitchen, WC
First Floor: Four bedrooms, bathroom, shower room
Outside: Rear courtyard

Council Tax Band

C

Tenancies

To be sold with vacant possession

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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