Lot 21 - 64 Fairoak Avenue, Newport, NP19 8FW

  • Unconditional Online Auction Sale
  • Bedrooms: 4

Lot 21 - Property for Renovation 

Description

ONLINE AUCTION from 1st OCTOBER-3rd OCTOBER

A substantial four bedroom mid terrace property. 

The property offers generous living accommodation and could offer scope for conversion to flats (subject to any necessary planning consents) or could be suitable for HMO purposes (subject to any planning consents).

The ground floor offers, lounge, kitchen, reception room and utility area.  The first floors offer four bedrooms and bathroom.  To the rear there is an enclosed garden (overgrown)

For buy to let purposes, typically a four bedroom house can achieve in the region of £1,100 per calendar month. 

Located within walking distance of local amenities, bus stops and, slightly further afield, Newport city centre. The M4 motorway is just a short drive away providing an easy commute to Cardiff, Bristol and beyond.

Accommodation

Ground Floor: Entrance hall, lounge, kitchen, reception room, utility area
First Floor: Bathroom, 4 bedrooms
Outside: Rear garden (overgrown)

Council Tax Band

C

Tenancies

To be sold with vacant possession

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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