Lot 17 - 47 Collingwood Avenue, Newport, NP19 0JT

  • Unconditional Online Auction Sale
  • Guide Price* : £65,000+
  • Bedrooms: 1

Lot 17 - Apartment for Investment

Description

ONLINE AUCTION from 27th AUGUST-29th AUGUST

A one bedroom open plan apartment ideal for buy to let purposes. 

The current owner has enjoyed good occupancy levels and has achieved £625 per calendar month. 

The apartment comprises open plan lounge and fitted kitchen, double bedroom and bathroom. 

The property benefits from electric heating and communal parking. 

The property is located close to local amenities and  boasts excellent public transport links, it is also approximately a 10 minute walk to Newport City Centre. It is also only a short drive to the Southern Distributor Road which links to junctions 24 & 28 of the M4.

VIRTUAL TOUR

Accommodation

Ground Floor: Communal entrance
First Floor: Lounge/kitchen, bedroom, bathroom
Outside: Communal parking

Council Tax Band

A

Lease Start Date

25/05/1984

Lease Duration

125 years (84 years unexpired)

Tenancies

To be sold with vacant possession
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 on 01633 746800 or email lettings@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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