Lot 43 - 182 Commercial Road, Newport, Gwent, NP20 2PN
- Unconditional Online Auction Sale
- Guide Price* : £179,000 +
- Bedrooms: 4
- Reception Rooms: 5
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Lot 43 - Substantial Property for Investment
Description
ONLINE AUCTION from 15th APRIL-17th APRIL
A generous end terrace property offering scope for redevelopment (subject to necessary consents)
The property would be ideal for HMO purposes or conversion to flats (subject to necessary planning consents)
The living accommodation is over three floors. The ground floor entrance hallway, five receptions rooms, kitchen, store room and shower room. The first floor offers a further four rooms, kitchen and bathroom. The basement offers a further four rooms.
To the rear there is sizeable rear garden to which we are advised there is a knotweed plan in place with approximately 12 months remaining. The property benefits from two combination boilers (untested) and phase three electrics.
The property is located within walking distance of local amenities and within a short walk to the City Centre. Commercial Road is situated in the mixed residential/commercial area of Pill which has enjoyed some regeneration and also offers easy access to the M4.
VIRTUAL TOUR
Accommodation
Basement Four rooms
Ground Floor: Entrance porch, hallway, 5 reception rooms, kitchen, shower room
First Floor: 4 rooms, kitchen, bathroom
Outside: Front enclosed courtyard, rear garden
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 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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Documents
- Terms and Conditions for Unconditional and Conditional Online Auctions
- Reservation Fees & Deposits Explained
- Buyers Guide for Unconditional Auctions
- Sellers Guide for Unconditional Auctions
- Guide to Buying at Auction
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.
If considering a mortgage, we advise that you inspect and consider the property carefully with your lender before bidding.
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