Lot 82 - 10 Fort Lea, Newport, Gwent, NP20 3HX
- Unconditional Online Auction Sale
- Guide Price* : £85,000 +
- Bedrooms: 2
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Flat for Owner Occupier/Investment
Description
ONLINE AUCTION from 14th MAY-16th MAY
This purpose built first floor flat with entry phone system is situated in the popular area of the Gear being within a few steps to local shops and parkland. Via the communal hallway the property provides a lounge, kitchen/dining room, boiler/utility room, bathroom, w.c., 2 bedrooms. There is double glazing/gas central heating (not tested).
The Gaer is an electoral district ("ward") of the city of Newport, South Wales. The ward includes both the Gaer and Maesglas estates but does not include Ebbw Bridge. To the south west of the ward is a listed monument known as the Gaer Hillfort (alternative: the Gollars) a large ancient hill fort and defensive position overlooking the Ebbw River with views south across the River Severn to England and north towards Twmbarlwm and Mynydd Machen. It is believed to date to the Iron Age. The area is bounded by Bassaleg Road to the north, the Great Western main line to the east, the Ebbw River to the southeast, Cardiff Road to the southwest, and the M4 motorway to the west.
Accommodation
Via communal hallway and stairs to
First Floor: Lounge, kitchen/dining room, utility/boiler room, bathroom, w.c., two bedrooms
Outside: Communal parking area
Council Tax Band
B
Tenancies
The property is to be sold with vacant possession. We anticipate a rental of approximately £750 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.
Tenure
Advised Leasehold - 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
Legal Documents
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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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