Lot 7 - 1 Kent Close, Rogerstone, Newport, Gwent, NP10 0BE

  • Unconditional Online Auction Sale
  • Guide Price* : £35,000+
  • Bedrooms: 1

Lot 7 - Ground Floor Flat for Investment

Description

ONLINE AUCTION from 1st OCTOBER-3rd OCTOBER

A good size studio flat located in a popular and sought after area.

The flat would be ideal for those looking for buy to let investment. Typically studio flats can achieve in the region of £550- £600 per calendar month depending on standard.

The property offers lounge/bedroom, dressing area, shower room and kitchen. The property offers ample residents parking.

The flat is situated in a prime location within walking distance of the Monmouthshire to Brecon Canal, providing waterside walks and cycle rides. Only 5 mins away from Junctions 27 & 28 of the M4 providing access to major local cities. Catch a train at nearby local train station, Pye Corner and Cardiff is the next stop. The main line train service in Newport City Centre which is less than 3 miles away.

Accommodation

Ground Floor: Communal Entrance, lounge/bedroom, dressing area, shower room, kitchen

Council Tax Band

A

Annual Ground Rent

£60

Annual Service Charge

£200

Tenancies

To be sold with vacant possession

Tenure

Advised Leasehold (50 years) - to be verified by solicitor - We have been advised the lease can be extended to 150 years for an additional £11,000. Please ensure any enquiries are made with the freeholder.

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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