Lot 19 - 2 Godfrey Road, Newport, Newport, NP20 4NX
- Unconditional Online Auction Sale
- Guide Price* : £183,000 +
- Bedrooms: 5
Waiting for video...
Lot 19 - HMO investment X 4 Flats
Description
ONLINE AUCTION from 18th JUNE-20th JUNE
This mid terraced property consists of 4 self- contained flats all currently let on an HMO licence. The property is in a sought after area being near the Civic Centre, railway station and town centre. The accommodation is situated over 3 floors and currently achieves £1,566 pcm, £18,792 per annum. Two of the long term tenants have indicated they would very much like to stay.
Newport is a rapidly emerging desirable living destination, a city and county borough in Wales, situated on the River Usk close to its confluence with the Severn Estuary, 12 mi (19 km) northeast of Cardiff. Newport is the third-largest authority with city status in Wales and has seen extensive re-generation in recent years. Excellent rail and M4 transport links to Bristol, Cardiff and London.
VIRTUAL TOUR
Accommodation
Accommodation via a communal hallway
Ground Floor
Flat 1 (£396 pcm)
Open plan lounge/kitchen/dining area, bedroom, shower room
Flat 2 (£300pcm)
Lounge, kitchen, shower room, bedroom with door to courtyard (sole use)
First Floor
Flat 3 (£375pcm)
Open plan lounge/kitchen, shower room, bedroom
First and second floor (Maisonette -£495pcm)
Flat 4 Kitchen/dining room, lounge, 2bedrooms, shower room
Outside:Front forecourt, rear courtyard area (Flat 2 sole use)
Council Tax Band
A
Tenancies
The property is let at £1,566 pcm (£18,792 p/a)
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.
Loading the bidding panel...
Viewing
Office Contact
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.
Share
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.