Lot 21 - 36 Glebe Street, Newport, Gwent, NP19 8EU

  • Unconditional Online Auction Sale
  • Guide Price* : £129,000 +
  • Bedrooms: 3
  • Bathrooms: 1
  • Reception Rooms: 1

Lot 21 - Property for Investment

Description

ONLINE AUCTION FROM 11th MARCH-13th MARCH

A three bedroom mid terrace property situated close to local amenities.

The property is ideal for those looking for buy to let investment. The property is currently tenanted and is managed via Paul Fosh Lettings.

To the ground floor the property offers open plan lounge diner, kitchen and bathroom.

The first floor offers three bedrooms. To the rear there is an enclosed garden.

The tenant is currently paying £605 per calendar month, however the rent is due to be increased in March. The new rent will be £950 per calendar month.

The property is located close to the city centre and offers great transport links to Cardiff and Bristol.

Accommodation

Ground Floor: Entrance Hallway, Lounge diner, kitchen, bathroom
First Floor: Three bedrooms
Outside: Rear garden

Tenancies

Currently let at £7260 per annum rising to £11,400 with new rent rise

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 lettings@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 1.5% of the purchase price (subject to a minimum of £1,500) 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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01633 254044

Office Contact

Gemma Vaughan

Documents

Legal Documents

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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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