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/admin fee of 1.5% of the purchase price (subject to a minimum of £1,500 for sale prices between £1 and £50,000 or subject to a minimum of £2,400 for sale prices of £50,001 upwards) 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.
Loading the bidding panel...
Viewing
Office Contact
Documents
- Terms and Conditions for Unconditional and Conditional Online Auctions
- Reservation Fees & Deposits Explained
- Buyers Guide for Unconditional Auctions
- Sellers Guide for Unconditional Auctions
- Guide to Buying at Auction
Related Documents
Auction Finance
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.
If considering a mortgage, we advise that you inspect and consider the property carefully with your lender before bidding.
Follow
By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.