Lot 41 - 22 Courtybella Terrace, Newport, Newport, NP20 2LA
- Unconditional Online Auction Sale
- Guide Price* : £220,000 +
- Bedrooms: 4
- Bathrooms: 4
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Lot 41 - Block of Flats for Investment
Description
ONLINE AUCTION from 1st OCTOBER-3rd OCTOBER
A fully occupied mid terrace property comprising of two studio apartments and two one bedroom flats.
The vendor has enjoyed good occupancy levels since ownership.
All flats are currently occupied and the property is achieving £2,255 pcm in rental income. There is scope to increase the rents to achieve £2,400 per calendar month. We have been advised the tenants would like to remain.
To the ground floor the property offers a studio apartment and a one bedroom flat, with a studio and one bedroom flat to the first floor.
All flats offer fitted kitchen with modern fitted shower rooms. The ground floor flat benefits from access to a rear low maintenance garden
All apartments benefit from electric smart heating and double glazed windows.
The property is located in Pill, which is within walking distance of local amenities and only a short walk into Newport city centre which offers a wider range of facilities and amenities. Newport offers a wide range of facilities including retail parks and offers easy access to the M4 corridor providing access to Bristol Cardiff and surrounding areas.
VIRTUAL TOUR
Accommodation
Ground Floor: Communal Hallway
Flat 1: Studio - open plan lounge, bedroom, shower room
Flat 2: Open plan kitchen lounge, shower room, bedroom, access to rear garden
First Floor
Flat 3: Studio - open plan lounge bedroom, shower room
Flat 4: Open plan lounge kitchen, shower room, bedroom
Outside: Rear garden (access via flat 2)
Council Tax Band
A
Tenancies
Flat 1 let at £500
Flat 2 let at £605
Flat 3 let at £545
Flat 4 let at £605
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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