Lot 89 - 28 St. Johns Road, Newport, Gwent, NP19 8GW

  • Unconditional Online Auction Sale
  • Guide Price* : £275,000 +
  • Bedrooms: 7

Addendum

The property has been withdrawn from auction, potentially will be entered into the February auction.

Lot 89 - Residential Investment

Description

ONLINE AUCTION from 16th DECEMBER - 18th DECEMBER 2025

A substantial freehold HMO which has been well managed and enjoyed good occupancy for over 8 years . The property is situated in a sought-after residential location ideal for local shops and schools and good road links to the city Centre and the M4 motorway.

The same family have owned the property for 8 or so years and have always seen a high demand for rooms.

The property benefits from gas central heating (we have been informed a new boiler has recently been fitted) and some double glazing .

Accommodation

Ground Floor:
Room 1: lounge/bedroom/shower room/wc.
Room 2: lounge/bedroom/shower room/wc
Communal room & Kitchen w/c

First Floor:
Room 3: lounge/kitchen/bedroom/shower room/wc
Room 4: lounge/bedroom/shower room/wc
Room 5: lounge/bedroom/shower room/wc

Second Floor:
Room 6: Lounge/Bedroom/Shower room
Room 7: Lounge/Bedroom/Shower room

Tenancies

All rooms are let.
Income £4188 pcm £50,256 p/a

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/admin fee of 1.5% of the purchase price (subject to a minimum of £1,500 for sale prices between £1 and £50,000 or subject to a minimum of £2,400 for sale prices of £50,001 upwards) 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

Sean Roper
01633254044

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.

If considering a mortgage, we advise that you inspect and consider the property carefully with your lender before bidding.

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