Lot 45 - 28 St. Johns Road, Newport, Gwent, NP19 8GW
- Unconditional Online Auction Sale
- Guide Price* : £275,000 +
- Bedrooms: 7
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Lot 45 - Residential Investment
Description
ONLINE AUCTION from 3rd FEBRUARY-5th FEBRUARY
A substantial freehold HMO which has been well managed and has enjoyed good occupancy for over 8 years. 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 .
The property is situated in a sought-after residential location ideal for local shops and schools, including Eveswell Primary and St Joeph's Primary schools. Nearby Beechwood Park offers outdoors space with beautiful trees, paths and play areas, with football pitches, bowls courts, a cafe.
There are good road links to Newport city centre and the M4 motorway providing good access to Bristol, Cardiff and beyond.
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
Council Tax Band
E
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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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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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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