Lot 59 - 1A Rockfield Street/34a Constance Street, Newport, Gwent, NP19 7DG
- Unconditional Online Auction Sale
- Guide Price* : £150,000+
- Bedrooms: 3
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Lot 59 - Investment opportunity
Description
ONLINE AUCTION from 14th MAY-16th MAY
A block of two flats that occupies a corner position in a sought after residential location.
The flats both benefit from fitted kitchens and bathrooms and have been fully freshly decorated and carpeted, have UPVC double glazing and the first floor flat has gas central heating (not tested) and the ground has electric storage heating.
The flats have been previously let and enjoyed good occupancy levels and meet Rent Smart Wales specifications with hard wired smoke detectors and NIC and gas certs (available in legal pack).
The current layout/configuration is ideal for buy to let however a developer may look to reconfigure the flats to offer two spacious units for sale separately in the future. The property is ideally situated for local amenities, shops and access to both Newport City Centre and the M4 motorway.
Accommodation
34a Constance Street: Entrance, lounge/kitchen, bedroom, shower room, w/c
1a Rockfield Road: Ground floor entrance hallway, lounge, kitchen, first floor (via stairs) landing, lounge, 2 bedrooms
Outside: Yard area with outside w/c
Council Tax Band
C
Tenancies
To be sold with vacant possession but should let at an approx. annual rent of £16,88 - £17,500.
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.
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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Documents
- Terms and Conditions for Unconditional and Conditional Online Auctions
- Reservation Fees & Deposits Explained
- Buyers Guide for Conditional Auctions
- Buyers Guide for Unconditional Auctions
- Sellers Guide for Conditional 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.
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