Lot 1 - 6 Rhyswg Road, Abercarn, Newport, Gwent, NP11 5HA

  • Unconditional Online Auction Sale
  • Guide Price* : £14,000+
  • Bedrooms: 2
  • Bathrooms: 1
  • Reception Rooms: 1

Lot 1 - Property for Investment

Description

ONLINE AUCTION from 11th NOVEMBER-13th NOVEMBER

A two bedroom end terrace property ideal for those looking for buy to let investment.

The ground floor of the property offers open plan lounge diner and kitchen with the first floor benefiting from two double bedrooms and family bathroom. To the front of the property there is a patio area.

Further benefits include gas central heating (untested) and double glazed windows.

For buy to let purposes, typically a two bedroom property can achieve in the region of £800 - £850 per calendar month.

The property is ideally situated for access to the well renowned Cwmcarn Forest Drive which offers scenic walks and mountain bike trails . The property offers easy access to the nearby towns of Risca and Newbridge. It is also within a 15 minute drive to the M4 (J28) for Cardiff and Bristol.

VIRTUAL TOUR

Accommodation

Ground Floor: Entrance hallway, lounge diner, kitchen
First Floor: 2 bedrooms, bathroom
Outside: Front patio area, storage shed, pedestrian access to rear

Council Tax Band

B

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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Paul Fosh Auctions
01633 254044

Office Contact

Gemma Vaughan

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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